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HomeMy WebLinkAboutOrdinance 2150 - Amending Ordinance 2103 • • ORDINANCE NO. 2./.50 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF REDDING, CALIFORNIA, AMENDING ORDINANCE NO. 2103 ESTABLISHING AND AMENDING CERTAIN LIMITATIONS WITH RESPECT TO THE AMENDED REDEVELOPMENT PLAN FOR THE MARKET STREET REDEVELOPMENT PROJECT AREA. WHEREAS, the City Council of the City of Redding (the "City Council") adopted Ordinance No. 974 on July 3, 1968, as amended by Ordinance No. 1173 on August 5, 1974, Ordinance No. 1295 on November 19, 1976, and Ordinance No. 1299 on December 20, 1976, approving and adopting the Redevelopment Plan (the "Redevelopment Plan") for Midtown Project No. I, Calif. R-120 (the "Original Project"); and WHEREAS, the City Council adopted Ordinance No. 1923 on July 17, 1990, approving and adopting the Amended Redevelopment Plan (the "Amended Plan") for the Market Street Redevelopment Project, which added certain area to the Original Project (the "Added Area"), increased certain limits in the Redevelopment Plan and replaced the Original Plan in its entirety; and WHEREAS, Section 33333.6 of the Community Redevelopment Law established certain limitations on the incurring and repaying of indebtedness and the effectiveness of redevelopment plans, and required every redevelopment agency with existing redevelopment plans adopted on or before December 31, 1993, to adopt an ordinance amending those redevelopment plans containing those limits pursuant to the procedure contained in Section 33333.6 of the Community Redevelopment Law; and WHEREAS, the City Council adopted Ordinance No. 2103 on December 20, 1994, in order to comply with the new limits to redevelopment plans imposed by Section 33333.6 of the Community Redevelopment Law; and WHEREAS, the time limits existing in the Amended Plan prior to the requirements of Section 33333.6 of the Community Redevelopment Law for the establishment of debt for both the Original Project and the Added Area, and the repayment of debt and the effectiveness of the Amended Plan for the Original Project only, exceeded the new limits required under Section 33333.6 of the Community Redevelopment Law; and WHEREAS, Ordinance No. 2103 contained limitations which, due to technical miscalculations, are inconsistent with Section 33333.6 of the Community Redevelopment Law and, therefore, it is necessary to amend Ordinance No. 2103 in order to comply with Section 33333.6 of the Community Redevelopment Law; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF REDDING DOES ORDAIN AS FOLLOWS: • • •' a Section 1. Sections 1 and 2 of Ordinance No. 2103 adopted by the City Council on December 20, 1994, are hereby amended to read as follows: "Section 1. The time limit on the establishment of indebtedness and repayment of loans, advances, and indebtedness, as set forth in the last paragraph of Section 502 of the Amended Plan, is hereby amended to read: 'The Agency shall not establish or incur loans, advances, or indebtedness beyond January 1, 2004, to finance in whole or in part the Original Project and beyond July 17, 2010, to finance in whole or in part the Added Area. The Agency shall not pay indebtedness or receive property taxes pursuant to Health and Safety Code Section 33670 after January 1, 2019 for the Original Project and after July 17, 2040 for the Added Area.' "Section 2. The time limit on the effectiveness of the Amended Plan, as set forth in Section 800 of the Amended Plan, is hereby amended to read: 'Except for the nondiscrimination and nonsegregation provisions which shall run in perpetuity, the provisions of this Amended Plan shall be effective, and the provisions of other documents formulated pursuant to this Amended Plan may be made effective, until January 1, 2009, for the Original Project and until July 17, 2030 for the Added Area.' Section 2. Section 3 of Ordinance No. 2103 adopted by the City Council on December 20, 1994, is hereby amended to read as follows: "Section 3. This Ordinance amending the Amended Plan is adopted pursuant to Health and Safety Code Section 33333.6. In addition to the specific limitations established and amended as provided in Sections 1 and 2 of this Ordinance, this Ordinance hereby incorporates by reference those provisions of subsections (g) and (h) of said Section 33333.6." Section 3. The City Clerk is hereby directed to send a certified copy of this Ordinance to the Agency. Section 4. This Ordinance shall be in full force and effect thirty (30) days after its passage. Section 5. 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 6. 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. I HEREBY CERTIFY that this ordinance was introduced and read at a regular meeting of the City Council on the 4th of June, 1996; and was read and adopted at a regular meeting of the City Council on the 18th of June, 1996, by the following vote: AYES: COUNCIL MEMBERS: P. Anderson, R. Anderson, Kehoe, Murray and McGeorge NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None // DAVID . /cGEO'C , / or ATTEST: d - . 1 CONNIE STROHMAYE ',/ity Clerk FORM APPROVED: W. LEONARD WIST ATE, City Attorney prof\rra\i nid lown.ord In the Superior Court of the State of California in and for the County of Shasta CERTIFICATE OF PUBLICATION ORDINANCE NO.2150 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF REDDING, CALIFORNIA. AMENDING CERTAIN LIMITATIONS No. 2150 WITH RESPECT TO THE AMENDED FOR THE MARKET STREET REDEVELOPMENTVEDLOPMENT PROJECT PLAN AREA. WHEREAS,The City Council of the City of Redding(the"City Council") adopted Ordinance No. 974 on July 3, 1968, as Notice of Ordinance amended by Ordinance No.1173 on August 5,1974,Ordinance No. 1295 on November 19, 1976, and Ordinance No. 1299 on December 20, 1976, approving and adopting the Redevel- opment Plan (the"Redevelopment Plan")for Midtown Project No.I,Calif.R-120(the"Original Project");and WHEREAS,the City Council adopted Ordinance No. 1923 on State of California July 17, 1990,approving and adopting the Amended Redevel- opment Plan(the"Amended Plan")for the Market Street Rede- velopment Project, which added certain area to the Original County of Shasta Project(the"Added Area"),increased certain limits in the Rede- velopment Plan and replaced the Original Plan in its entirety; and I herebycertifythat the Record Searchlight is a WHEREAS, Section 33333.6 of the Community Redevel- opmentg Law established certain limitations on the incurring and newspaper ofgeneral circulation within theprovisions repaying of indebtedness and the effectiveness of redevel- opment plans,and required every redevelopment agency with of the Government Code of the State of California, existing redevelopment plans adopted on or before December 31,1993,to adopt an ordinance amending those redevelopment printed andpublished in the City of Redding,Countyplans containing those limits pursuant to the procedure g con- tained in Section 33333.6 of the Community Redevelopment of Shasta, State of California;that I am the principal Law;and clerk of the printer of said newspaper;that the noticeWHEREAS,the City Council adoptedOrdinanceNo.2103 on December 20, 1994,in order to comply with the new limits to of which the annexed clipping is a trueprinted copyredevelopment plans imposed by Section 33333.6 of the Com- munity pp g Redevelopment Law;and was published in said newspaper on the following WHEREAS,the time limits existing in the Amended Plan prior dates,to wi• t; to the requirements of Section 33333.6 of the Community Rede- velopment Law for the establishment of debt for both the Origi- nal Project and the Added Area,and the repayment of debt and the effectiveness of the Amended Plan for the Original Project July 18, 1996 only,exceeded the new limits required under Section 33333.6 of the Community Redevelopment Law;and WHEREAS,Ordinance No.2103 contained limitations which, due to technical miscalculation, are inconsistent with Section 33333.6 of the Community Redevelopment Law and,therefore, • I certify under penalty of perjury that the forgoing it is necessary to amend Ordinance No.2103 in order to comply with Section 33333.6 of the Community Redevelopment Law; is true and correct, at Redding,California on the NOW,THEREFORE,THE CITY COUNCIL OF THE CITY OF RED- DING DOES ORDAIN AS FOLLOWS: Section 1.Sections 1 and 2 of Ordinance No.2103 adopted by the City Council on December 20,1994,are hereby amended 18th day of July, 1996. to read as follows: "Section 1. The time limit on the establishment of in- debtness and repayment of loans,advances,and indebt- ness,as set forth in the last paragraph of Section 502 of the Amended Plan,is hereby amended to read: 'The Agency shall not establish or incur loans, ad- vances, or indebtedness beyond January 1, 2004, to fi- nance in whole or in part the Original Project and beyond I —, July 17, 2010,to finance in whole or in part the Added ARea.The Agency shall not pay indebtedness or receive property taxes pursuant to Health and Safety Code Sec- ignature tion 33670 after January 1,2019 for the Original Project. and after July 17,2040 for the Added Area.' "Section 2. The time limit on the effectiveness of the J' Amended Plan, as set forth in Section 800 of the Amended Plan,is hereby amended to read: RECORD SEARCHLIGHT Amended 'Except for the nondiscrimination and nonsegregation 1 10 I Twin View Blvd., Redding,California 96003 provisions which shall run in perpetuity,the provisions of this Amended Plan shall be effective,and the provisions of other documents formulated pursuant to this Amended Plan may be made effective,until January 1,2009,for the a Original Project and until July 17, 2030 for the Added Area.'" 0 Section 2.Section 3 of Ordinance No. 2103 adopted by the t. City Council on December 20,1994,is hereby amended to read as follows: t' "Section 3.This Ordinance amending the Amended Plan is adopted pursuant to Health and Safety Code Section 33333.6.In addition to the specific limitations established and amended as provided in Sections 1 and 2 of this Ordi- nance,this Ordinance hereby incorporates by reference those provisions of subsections(g)and(h)of said Section 33333.6." cerrtnn 3 The City Clerk is hereby directed to send a certified