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HomeMy WebLinkAboutNS-2751 - Amending the Merged Redevelopemnt Plans to Extend Certain Time Limits and Making Certain Required Findings 5/24/07 LES ORDINANCE NO. NS-2751 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 1 0,2006. 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. Section 2. The following time limits are proposed for amendment: TIME L.IMIT ON " TIMEUMIT . ON LAN ' PI-AN . ....... t:ECTIVI:NI:S~ . ~F:FEc;TI\lI:Nf:SS C,URRENT PAr.E;) "(~RgeO,Sl:p , DATI:) Central Cit Jul 2,2016 Inter-Cit Jul 6, 2025 North Harbor Jul 6, 2025 South Harbor Jul 6, 2025 South Main Jul 6, 2025 *Bristol December 4, 2030 December 4, 2030 *Not eligible for one year extension under SB1 096. TIME: LIMI Re;CI;IPTO INQRI;N1I;NT . (C)JRRENT DATE) Jul 2, 2025 Jul 6, 2034 Jul 6, 2034 Jul 6, 2034 Jul 6,2034 December 4, 2040 TIME ,LIMIT "~E:Gr;lpTQFi ;INCRE~~PjI"; . (PROPOSED DATE) " Jul 2, 2026 Jul 6,2035 Jul 6,2035 Jul 6,2035 Jul 6, 2035 December 4, 2040 Ordinance No. NS-2751 Page 1 of 2 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. ADOPTED this 18th day of June, 2007. ~ APPROVED AS TO FORM: Joseph W. Fletcher, City Attorney BY:~-~ r.~ Lisa E. Storck Assistant City Attorney AYES: Councilmembers Alvarez, Benavides. Bustamante, Martinez. Pulido. Sarmiento (6) NOES: Councilmembers None (0) ABSTAIN: Councilmembers None (0) NOT PRESENT: Councilmembers Tinaiero ( 1 ) 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-2751 to be the original ordinance adopted by the City Council of the City of Santa Ana on June 18. 2007, and that said ordinance was published in accordance with the Charter of the City of Santa Ana. Date: 'i/z07 Patncla . Healy Clerk of the Council City of Santa Ana Ordinance No. NS-2751 Page 2 of 2