Laserfiche WebLink
551 <br /> <br />Paragraph 8 is modified as follows: <br /> The amount of bonded indebtedness, to be repaid in whole or in part from the allocation <br /> oft,axes described in subdivision 2 above which can be outstanding at any one time shall <br /> not exceed ~a~5,200,090 S600,000,000 in principal amount. <br /> <br />Paragraph 9 is modified as follows: <br /> The Agency shall not establish or incur loans, advances, or indebtedness to finance in <br /> whole or in part the Project beyond 9q <br /> January 1. 2014. Loans, advances, or indebtedness may be repaid over a period of time <br /> beyond said time limit. <br /> <br />SECTION 503. ~ <br /> No changes <br /> <br />SECTION 600. ACTIONS BY THE CITY <br /> No changes <br /> <br />SECTION 700. ENFORCEMENT <br /> No changes <br /> <br />SECTION 800. DURATION OF THIS PLAN <br /> Except for the non-discrimination and non-segregation provisions which shall run in <br /> perpetuity., the provisions of this Plan shall be effective, and the provisions of other <br /> documents formulated pursuant to this Plan may be made effective. ~ <br /> effc~.'.~ ~-z~'c ~ ~'~"-';~'~ ~'f :'u2z u,-- ,~..-,-~ t;;,., r. ..... ;' until July 6, 2022; provided, <br /> however, that the Agency may issue bonds and 'incur obligations pursuant to this Plan <br /> which extend beyond the termination date, and in such event, this Plan shall continue in <br /> effect for the p{arpose of repaying such bonds or other obligations until the date of <br /> retirement of such bonds or other obligations, as determined by the City. Council. <br /> <br />SECTION 900. PROCEDURE FOR AIVlENDMENT <br /> No changes <br /> <br />3 <br /> <br /> <br />