1999 ORD O-17-99 - Laserfiche WebLink

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 211 25 26 27 28 ORDINANCE NO 0-17-99 AN ORDINANCE OF THE CITY OF COLTON, CALIFORNIA AMENDING CERTAIN TIME LIMITATIONS WITH RESPECT TO THE REDEVELOPMENT PLAN FOR THE MT. VERNON CORRIDOR REDEVELOPMENT PROJECT WHEREAS, the Redevelopment Agency for the City of Colton (the "Agency") has formulated, prepared and approved the Redevelopment Plan for the Mt. Vernon Corridor Redevelopment Project. (the "Redevelopment Plan"); and WHEREAS, the Mayor and City Council of the City of Colton (the "City Council'), approved and adopted the Redevelopment Plan pursuant to a duly enacted Ordinance on June 30, 1987; and WHEREAS, Section 33333.6 of the California Health and Safety Code ("Community Redevelopment Law") has established certain limitations on incurring and repaying of indebtedness and the duration of redevelopment plans, which apply to every redevelopment plan adopted on or before December 31, 1993; and WHEREAS, the City of Colton previously adopted Ordinance No. 0-27-94 on December 20, 1994 to comply with certain time limitations for redevelopment plans pursuant to Section 33333.6; and WHEREAS, recent amendments to Section 33333.6 provides that redevelopment plans, adopted prior to January 1, 1994 and which have limitations shorter than the terms provided for in Section 33333.6, may be amended by a legislative body by the adoption of an Ordinance on or after January 1, 1999, but on or before December 31, 1999, provided that the plan as so amended does not exceed the terms provided for in Section 33333.6; and WHEREAS, in adopting such an Ordinance, neither the legislative body or the Agency is required to comply with California Health and Safety Code Section 33354.6 or Article 12