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HomeMy WebLinkAbout11B - ORD MERGED REDEVEL PLANSsizaio~ yes ORDINANCE NO. NS- AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SANTA ANA AMENDING THE MERGED REDEVELOPMENT PLANS TO EXTEND CERTAIN TIME LIMITS AND MAKING CERTAIN REQUIRED FINDINGS THE CITY COUNCIL OF THE CITY OF SANTA ANA DOES ORDAIN AS FOLLOWS: Section 1. The City Council of the City of Santa Ana hereby finds, determines and declares as follows: A. As a result of Senate Bill 1096 (SB 1096) implementing the California State Budget for fiscal year 2004-2005, the Community Redevelopment Agency ("Agency') was required to make a $3,330,894.37 payment to the County Educational Revenue Augmentation Fund ("ERAF") by May 10, 2006. B. The legislation also included a provision that allows the legislative body to adopt an ordinance to amend the redevelopment plan extending the time limit on the use of tax increment to repay indebtedness and extend the plan effectiveness by one year for a redevelopment agency making an ERAF payment. C. For Redevelopment Plans with 10 to 20 years remaining, the legislation requires that the legislative body find that the Agency is in compliance with the major housing requirements. These include the requirement to deposit 20% of the gross tax increment into the housing set-aside fund, the adoption of a housing implementation plan, compliance with housing replacement and inclusionary obligations, and certification that no excess surplus exists. Plans with 20 years or more remaining cannot be extended. D. The City of Santa Ana has a merged redevelopment project area consisting of Central City, Inter-City, North Harbor, South Harbor, South Main and Bristol Corridor. 11 B-1 Section 2. The following time limits are proposed for amendment: TIME, LIMIT ON TIME LIMIT ON TIME LIMIT TIME LIMIT PLAN -PLAN PLAN ON RECEIPT ON RECEIPT EFFECTIVENESS EFFECTIVENESS OF TAX OF TAX (CURRENT (PROPOSED INCREMENT INCREMENT DATE) DATE) (CURRENT (PROPOSED DATE) DATE Central July 2, 2015 July 2, 2016 July 2, 2025 July 2, 2026 Cit Inter-Cit Jul 6, 2024 Jul 6, 2025 Jul 6, 2034 Jul 6, 2035 North July 6, 2024 July 6, 2025 July 6, 2034 July 6, 2035 Harbor South July 6, 2024 July 6, 2025 July 6, 2034 July 6, 2035 Harbor South July 6, 2024 July 6, 2025 July 6, 2034 July 6, 2035 Main 'Bristol December 4, 2030 December 4, 2030 December 4, December 4, 2040 2040 Not eligible for one year extension under SB1096. Section 3. Notice of the public hearing was mailed to the governing body of each affected taxing entity thirty days prior to the first reading of the proposed ordinance and published as required by law, ten days prior to the hearing. Section 4. If any sections, subsections, sentences, clauses, phrases or portions of this Ordinance are for any reason held invalid or unconstitutional, such decision shall not affect the validity of the remaining portions of this Ordinance. The City Council hereby declares that it would have passed this and each section, subsection, sentence, clause, phrase or portion of this Ordinance whether or not any one or more sections, subsections, sentences, clauses, phrases or portions may be declared invalid or unconstitutional on their face or as applied. 2 11 B-2 ADOPTED this day of 2007 Miguel A. Pulido Mayor APPROVED AS TO FORM: Joseph W. Fletcher, City Attorney By: Lisa E. Storck Assistant City Attorney AYES: NOES: ABSTAIN: Councilmembers Councilmembers Councilmembers NOT PRESENT: Councilmembers CERTIFICATE OF ATTESTATION AND ORIGINALITY I, PATRICIA E. HEALY, Clerk of the Council, do hereby attest to and certify that the attached Ordinance No. NS- to be the original ordinance adopted by the City Council of the City of Santa Ana on ,and that said ordinance was published in accordance with the Charter of the City of Santa Ana. Date: Clerk of the Council City of Santa Ana 3 11 B-3 11 B-4