2004 ORD O-08-04 - Laserfiche WebLink

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HiBir `A" EI ` 1 ORDINANCE NO. 0-04-04 2 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF 3 COLTON, CALIFORNIA, AMENDING CERTAIN TIME LIMITATIONS TO THE REDEVELOPMENT PLANS FOR THE DOWNTOWN NO. 4 1, DOWNTOWN NO. 2, COOLEY RANCH, SANTA ANA RIVER, WEST VALLEY PROJECT AREA, MT. VERNON CORRIDOR, AND 5 RANCHO MILL PROJECT AREAS PURSUANT TO SB 1045. 6 WHEREAS, the Redevelopment Agency for the City of Colton ("the Agency') is a 7 public body, corporate and politic, formed, organized, existing and exercising its powers pursuant 8 to the California Community Redevelopment Law, Health and Safety Code, Section 33000, et 9 seq. (the "CRL"); and 10 WHEREAS, the City Council of the City of Colton (the "City') established the 11 Downtown No. 1 Redevelopment Project by Ordinance No. 1179 on January 15, 1964, the 12 Downtown No. 2 Redevelopment Project Area by Ordinance No. 1263 on January 18, 1966, the 13 Cooley Ranch Redevelopment Project Area by Ordinance No. 1478 on July 29, 1975, the Santa 14 Ana River Redevelopment Project Area by Ordinance No. 1632 on December 29, 1982, the Mt. 15 Vernon Corridor Redevelopment Project by Ordinance No. 0-8-87 on June 30, 1987, the West 16 Valley Redevelopment Project Area by Ordinance 0-10-86 on July 15, 1986, the West Valley 17 Redevelopment Project Area Amendment No. 1 by Ordinance No. 0-9-87 on June 301987, and 18 the Rancho Mill Redevelopment Project Area by Ordinance 0-13-94 on July 5, 1994 (the 19 "Redevelopment Plans"); and 20 WHEREAS, paragraph (a) of Section 33333.6 of the CRL requires that plans 21 adopted on or before December 31, 1993 terminate at a date that shall not exceed 40 years from 22 the adoption of the redevelopment plan or January 1, 2009, whichever is later and paragraph (b) 23 of Section 33333.6 of the CRL requires that plans adopted on or before December 31, 1993 limit 24 the receipt of tax increment to a period of ten years after the termination of effectiveness of the 25 26 redevelopment plan; and 27 WHEREAS, paragraph (2) of Section 33333.2 of the CRL requires that plans 28 adopted on or after January 1, 1994 terminate at a date that shall not exceed 30 years from the adoption of the redevelopment plan and paragraph (3) of Section 33333.2 of the CRL requires RVPUBIMXML529585