090704 Jt PH Adoption Amend Merger SA Redvlp Proj Areas

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NOTICE OF JOINT PUBLIC HEARING ON THE PROPOSED REDEVELOPMENT PLAN AMENDMENTS TO MERGE THE CENTRAL CITY, INTER -CITY COMMUTER STATION, NORTH HARBOR, SOUTH HARBOR, SOUTH MAIN, AND BRISTOL CORRIDOR REDEVELOPMENT PROJECTS NOTICE IS HEREBY GIVEN that the City Council of the City of Santa Ana, California ( "City Council ") and the Santa Ana Community Redevelopment Agency ( "Agency ") will hold a joint public hearing on September 7, 2004, at the hour of 6 p. m. or as soon thereafter as the matter can- be heard, in the City Council Chambers, 22 Civic Center Plaza, Santa Ana, California, pursuant to the California Community Redevelopment Law (Health and Safety Code Section 33000 of seq.) for the purpose of considering the approval and adoption of the proposed Redevelopment Plan. Amendments ( "Amendments ") to merge the Central City, Inter - City Commuter Station, North Harbor, South Harbor, South Main, and Bristol Corridor Redevelopment Projects ( "Existing Project Areas "). The boundaries of the Existing Project Areas are as illustrated on the map accompanying this notice. Copies of the legal descriptions of the boundaries of the Existing Project Areas are available and may be reviewed at the Office of the Clerk of the Council of the City of Santa Ana. The purpose of the proposed Amendments is to merge the Existing Project Areas by combining tax increment revenues from the Existing Project Areas and allocate the revenues throughout the entire Merged Project Area. The Amendments will not enlarge the Project Areas, nor will the Amendments affect any of the properties in the proposed Merged Project Area differently than if the Project Areas remained separate. The main purpose of the proposed Merger of the Project Areas would be for efficiency of administration and financing resulting in substantial benefit to the public because the Merger will facilitate the continued revitalization of blighted areas through increased economic vitality of such Project Areas and through increased and improved housing opportunities in or near such areas. The proposed Amendments will not extend any of the time or financial limits of the existing Redevelopment Plans or add territory to the Existing Project Areas. The purpose of the Joint Public Hearing is to consider: 1. The proposed Amendments to the existing Redevelopment Plans for the Central City, Inter -City Commuter Station, North Harbor, South Harbor, South Main, and Bristol Corridor Redevelopment Projects as submitted by the Agency; 2. The Agency's Report to the City Council on the proposed Amendments, including the report and recommendations of the City's Planning Commission, the neighborhood impact report, and a summary of consultations with property owners, residents, business owners and affected taxing entities on the proposed Amendments; and EXHIBIT 4 3. All evidence and testimony for and against the adoption of the proposed Amendments. 4 -55