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1 <br />2 <br />3 <br />4 <br />5 <br />6 <br />7 <br />8 <br />9 <br />10 <br />11 <br />12 <br />13 <br />14 <br />15 <br />16 <br />17 <br />18. <br />19� <br />20 <br />21 <br />22 <br />23 <br />24 <br />25 <br />26 <br />27 <br />28 <br />ORDINANCE NO. 0-04-04 <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF <br />COLTON, CALIFORNIA, AMENDING CERTAIN TIME LIMITATIONS <br />TO THE REDEVELOPMENT PLANS FOR THE DOWNTOWN NO. <br />1, DOWNTOWN NO. 2, COOLEY RANCH, SANTA ANA RIVER, <br />WEST VALLEY PROJECT AREA, MT. VERNON CORRIDOR, AND <br />RANCHO MILL PROJECT AREAS PURSUANT TO SB 1045. <br />WHEREAS, the Redevelopment Agency for the City of Colton ("the Agency') is a <br />public body, corporate and politic, formed, organized, existing and exercising its powers pursuant <br />to the California Community Redevelopment Law, Health and Safety Code, Section 33000, et <br />seq. (the "CRL"); and <br />WHEREAS, the City Council of the City of Colton (the "City') established the <br />Downtown No. 1 Redevelopment Project by Ordinance No. 1179 on January 15, 1964, the <br />Downtown No. 2 Redevelopment Project Area by Ordinance No. 1263 on January 18, 1966, the <br />Cooley Ranch Redevelopment Project Area by Ordinance No. 1478 on July 29, 1975, the Santa <br />Ana River Redevelopment Project Area by Ordinance No. 1632 on December 29, 1982, the Mt. <br />Vernon Corridor Redevelopment Project by Ordinance No. 0-8-87 on June 30, 1987, the West <br />Valley Redevelopment Project Area by Ordinance 0-10-86 on July 15, 1986, the West Valley <br />Redevelopment Project Area Amendment No. 1 by Ordinance No. 0-9-87 on June 301987, and <br />the Rancho Mill Redevelopment Project Area by Ordinance 0-13-94 on July 5, 1994 (the <br />"Redevelopment Plans"); and <br />WHEREAS, paragraph (a) of Section 33333.6 of the CRL requires that plans <br />adopted on or before December 31, 1993 terminate at a date that shall not exceed 40 years from <br />the adoption of the redevelopment plan or January 1, 2009, whichever is later and paragraph (b) <br />of Section 33333.6 of the CRL requires that plans adopted on or before December 31, 1993 limit <br />the receipt of tax increment to a period of ten years after the termination of effectiveness of the <br />redevelopment plan; and <br />WHEREAS, paragraph (2) of Section 33333.2 of the CRL requires that plans <br />adopted on or after January 1, 1994 terminate at a date that shall not exceed 30 years from the <br />adoption of the redevelopment plan and paragraph (3) of Section 33333.2 of the CRL requires <br />RVPUB\MXM\529585 <br />