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2004 AGN MAY 04 I01
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2004 May 04 Agenda Packet
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2004 AGN MAY 04 I01
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2 <br />2; <br />33354.6 or Article 12 or any other provision of this part relating to the amendment of <br />redevelopment plans; and <br />WHEREAS, it is the desire of the City by this Ordinance to maximize all <br />applicable requirements of Section 33333.6 and Section 33333.2 of the CRL. <br />THE CITY COUNCIL OF THE CITY OF COLTON DOES ORDAIN AS <br />FOLLOWS: <br />SECTION 1. Amending Certain Time Limitations. The Redevelopment Plan <br />for the Santa Ana River are hereby amended by the addition of certain time limitations as set <br />forth in subsections 1.1 and 1.2, as follows. <br />SECTION 1.1 Terms of Effective Dates of the Redevelopment Plan. The term <br />of effectiveness for the Redevelopment Plans shall be December 31, 2023 for the Santa Ana <br />Project Area. After such time limit on the effectiveness of the Redevelopment Plan, the <br />Agency shall still have the authority to pay previously incurred indebtedness and to enforce <br />existing covenants, contracts, or other obligations. <br />SECTION 1.2 Limitations on Receipt of Tax Increment to Pay Certain Debt. <br />Except to the extent a longer period of time may be allowed pursuant to other provisions of the <br />CRL, and as further stated herein, the Agency shall not pay indebtedness or receive property <br />tax increment generated from the redevelopment project area after December 31, 2033 for the <br />Santa Ana Project Area. <br />SECTION 2. New Limitations Prevail if Conflict with Existing Limitations. <br />Section 1, and each subdivision thereof inclusive, of this Ordinance shall, to the extent of a <br />conflict, if any, take precedence over those limitations in the Redevelopment Plan concerning <br />such limitations. <br />SECTION 3. Right to Extend Such Limitations. No actions with respect to <br />further extending the time limitations set forth herein pursuant to Section 33333.6 (a) (2) or <br />other provisions of the CRL are being taken at this time, but the right to consider such <br />extension(s) of the time limitations is being reserved. <br />SECTION 4. Compliance with Section 33333.6 and Section 33333.2. The City <br />Council finds and determines amendments to the Redevelopment Plan as adopted by this <br />Ordinance are in compliance with the requirements and time limitations set forth in Section <br />33333.6 and Section 33333.2 of the CRL. <br />SECTION 5. Redevelopment Plan Otherwise in Full Effect. The <br />Redevelopment Plan is and shall remain in full force and effect, unmodified except to the <br />extent of those particular amendments expressly set forth in this Ordinance. <br />SECTION 6. Publication of Ordinance. The City Clerk is hereby authorized and <br />directed to certify to the passage of this Ordinance and to cause the same to be published <br />with the names of Councilmembers voting for and against the same in a newspaper of general <br />circulation, published and circulated in the City of Colton. <br />RIVPUB/MXM/653630 <br />
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