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HomeMy WebLinkAboutOrdinance 2104 - Canby-Hilltop-Cypress Redevelopment ProjectORDINANCE N0. - AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF REDDING, CALIFORNIA, AMENDING ORDINANCE NO. 1552, AS AMENDED BY ORDINANCE NO. 1942, ESTAB- LISHING AND AMENDING CERTAIN LIMITATIONS WITH RESPECT TO THE REDEVELOP- MENT PLAN FOR THE CAN BY -HILLTOP -CYPRESS REDEVELOPMENT PROJECT WHEREAS, the City Council of the City of Redding adopted Ordinance No. 1552 on July 20, 1981, as amended by Ordinance No. 1942 on November 6, 1990, approving and adopting the Redevelopment Plan (the "Redevelopment Plan") for the Canby -Hilltop - Cypress Redevelopment Project; and WHEREAS, the Redevelopment Agency of the City of Redding (the "Agency") has been designated as the official redevelopment agency to carry out in the City of Redding the functions and requirements of the Community Redevelopment Law of the State of California (Health and Safety Code Section 33000 et seq.) and to implement the Redevelopment Plan; and WHEREAS, Section 33333.6 of the Community Redevelopment Law established certain limitations on the incurring and repaying of indebtedness and the duration of redevelopment plans and use of eminent domain, which limitations apply to every redevelopment plan adopted on or before December 31, 1993; and WHEREAS, Section 33333.6 further provides that unless a redevelopment plan adopted prior to January 1 , 1994, already contains limitations which comply with that Section, the legislative body shall adopt an ordinance on or before December 31 , 1994, to amend the redevelopment plan either (1) to amend an existing time limit that exceeds the applicable time limit established by that Section, or (2) to establish time limits that do not exceed the provisions of that Section; and WHEREAS, Section 33333.6 further provides that for redevelopment plans which have been amended to add territory to the project area on or before December 31 , 1993, the time limits required by that section shall commence, with respect to the Redevelopment Plan, from the date of the adoption of the Redevelopment Plan, and, with respect to the added territory, from the date of the adoption of the Amendment; and NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF REDDING DOES HEREBY ORDAIN AS FOLLOWS: Section 1. The time limit on the effectiveness of the Redevelopment Plan, as set forth in Section 1000 of the Redevelopment Plan is hereby amended to read: "May be effective for twenty-five (25) years from the date of adoption of this Plan, for the Original Area and forty (40) years from the date of adoption of this Plan for the Amended Area by the City Council." Section 2. The time limit on the establishing of loans, advances and indebtedness, as set forth in the last paragraph of Section 602 of the Redevelopment Plan, is hereby p amended to read: "no later than the later of January 1, 2004, or twenty (20) years from v the respective dates of adoption of the Redevelopment Plan." Based upon the dates of adoption of the Original and Amended Redevelopment Plans, the Agency shall not incur loans, advances or indebtedness after January 1, 2004 for the Original Area and November 6, 2010 for the Amended Area. Amended by Ordinance 2255, 7/20/99 Section 3. The Agency shall not pay indebtedness or receive property taxes pursuant to Section 33670 after ten (10) years from the termination of the effectiveness of the Redevelopment Plan. Based upon the termination dates set forth in the Redevelopment Plan as amended herein, the Agency shall not pay indebtedness or receive property taxes pursuant to Section 33670 after July 20, 2016 for the Original Area and November 6, 2040 for the Amended Area. Section 4. This Ordinance amending the Original and Amended Redevelopment Plans is adopted pursuant to Health and Safety Code Section 33333.6. In addition to the specific limitations established in Sections 1, 2 and 3 of this Ordinance, this Ordinance hereby incorporates by reference those provisions of subsections (g) and (h) of said Section 33333.6. Section 5. The City Clerk is hereby directed to send a certified copy of this Ordinance to the Agency. Section 6. Effective Date. This Ordinance shall be in full force and effect thirty (30) days after its passage. Section 7. Publication. The City Clerk is hereby ordered and directed to certify to the passage of this Ordinance and to cause the same to be published once in the Record Searchlight, a newspaper of general circulation, published and circulated in the City of Redding, California. Section 8. Severability. If any part of this Ordinance is held to be invalid for any reason, such decision shall not affect the validity of the remaining portion of this Ordinance, and this City Council hereby declares that it would have passed the remainder of this Ordinance, if such invalid portion thereof had been deleted. PASSED AND ADOPTED this 20th day of December 1994, by the following vote: AYES: COUNCIL MEMBERS P. Anderson, Kehoe , McGeorge, Murray and R. Anderson NOES: COUNCIL MEMBERS None ABSENT: COUNCIL MEMBERS None ABSTAIN: COUNCIL MEMBERS None BERT C. ANDERSON, Mayor ATTEST: ONNIE STROHMAYER, City Clerk FORM APPROVED: ,5 ,