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HomeMy WebLinkAbout41123c� ORDINANCE NO. 411 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF IRWINDALE IMPOSING CERTAIN LIMITATIONS ON THE IRWINDALE COMMUNITY REDEVELOPMENT AGENCY IN IMPLEMENTING THE REDEVELOPMENT PLANS FOR PARQUE DEL NORTE REDEVELOPMENT PROJECT, NORA FRAIJO REDEVELOPMENT PROJECT AND CITY INDUST- RIAL DEVELOPMENT PROJECT WHEREAS, the City Council of the City of Irwindale had, pursuant to its Ordinance No. 299, which was adopted and approved on April 15, 1976, established the Redevelopment Plan for the Parque del Norte Redevelopment Project; and WHEREAS, the City Council of the City of Irwindale had, pursuant to its Ordinance No. 272, which was adopted and approved on January 10, 1974, established the Redevelopment Plan for the Nora Fraijo Redevelopment Project; and WHEREAS, the City Council of the City of Irwindale, pursuant to its Ordinance No. 302, which was adopted on July 17, 1976, which was adopted on July 19, 1976, established the Redevelopment Plan for the City Industrial Development Project; and WHEREAS, the Redevelopment Plan for the City Industrial Development Project was amended by City Ordinance No. 316, which became effective on September 25, 1977, and was amended by Ordinance No. 336, which became effective on March 16, 1980; and WHEREAS, the Redevelopment Plans for the Parque Del Norte Redevelopment Project, Nora Fraijo Redevelopment Project and City Industrial Development Project as amended do not contain provisions limiting the number of dollars of taxes which may be allocated to the Redevelopment Agency of the City of Irwindale pursuant to said Redevelopment Plans, the time for establishment of indebtedness, and time to commence eminent domain proceeding; and WHEREAS, Section 33333.4 of the California Community Redevelopment Law requires that each legislative body which adopted a final redevelopment plan prior to October 1, 1976, that contains provisions set forth in Section 33670 of the California Redevelopment Law but which does not contain the limitations required by Section 33333.2, adopt an ordinance on or before December 31, 1986, containing the following provisions: (1) A limitation on the number of dollars of taxes which may be divided and allocated to the redevelopment agency pursuant to the plan. Taxes shall not be divided and shall not be allocated to the redevelopment agency beyond that limitation. (2) A time limit on the establishing of loans, advances and indebtedness to finance in whole, or in part, the redevelop- ment project. No loans, advances, or indebtedness to be repaid from the allocation of taxes shall be established or incurred by the agency beyond the time limitation. (3) A time limit, not to exceed 12 years, for commencement.of eminent domain proceedings to acquire property within the project area. NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Irwindale as follows: SECTION 1. With respect to the Parque Del Norte Redevelopment Project: (a) Taxes as defined in Section 33670 of the California Communty Redevelopment Law shall not be divided and shall not be allocated to the Agency in excess of $1,000,000 during any one fiscal year. 244 Ordinance No. 411 (b) No loans, advances, or indebtedness to finance in whole or in part the Redevelopment Project Area, as amended, and to be repaid from the allocation of those taxes described in the beforementioned Section 33670 shall be established or incurred by the Agency beyond twenty (20) years from the date of adoption of this City Ordinance. However, such loans, advances, or indebtedness may be repaid over a period of time longer than such time limit. (c) Eminent domain proceedings to acquire property within the Redevelopment Project Area, as amended, shall not commence later than twelve years following adoption of this City Ordinance. SECTION 2. With respect to the Nora Fraijo Redevelopment Project: (a) Taxes as defined in Section 33670 of the California Community Redevelopment Law shall not,be divided and shall not be allocated to the Agency in excess of $1,000,000 during any one fiscal year. (b) No loans, advances, or indebtedness to finance in whole or in part the Redevelopment Project Area, as amended, and to be repaid from the allocation of those taxes described in in the beforementioned Section 33670 shall be established or incurred by the Agency beyond twenty (20) years from the date of adoption of this City Ordinance. However, such loans, advances, or indebtedness may be repaid over a period of time longer than such time limit. (c) Eminent domain proceedings to acquire property within the Redevelopment Project Area, as amended, shall not commence later than twelve years following adoption of this City Ordinance. SECTION 3. With respect to the City Industrial Development Project: (a) Taxes as defined in Section 33670 of the California Community Redevelopment Law shall not be divided and shall not be allocated to the Agency in excess of $50,000,000 during any one fiscal year. (b) No loans, advances, or indebtedness to finance in whole or in part the Redevelopment Project Area, as amended, and to be repaid from the allocation of those taxes described in the beforementioned Section 33670 shall be established or in- curred by the Agency beyond forty (40) years from the date of adoption of this City Ordinance. However, such loans, advances, or indebtedness may be repaid over a period of time lonber than such time limit. (c) Eminent domain proceedings to acquire property within the Redevelopment Project Area, as amended, shall not commence later than twelve years following adoption of this City Ordinance. SECTION 4. The City Clerk shall certify to the passage and adoption of this ordinance, causing it to be posted as required by law, and it shall thereafter be in full force and effect thirty days after the date of its final reading. APPROVED, PASSED and ADOPTED this 18th day of December, 1986. Z �r Jol s5Q�e � o �ayo ATTEST: zpux Rosemary Rami ez, eputy y Clerk 24 Ordinance No. 411 I. Rosemary Ramirez, Deputy City Clerk of the City of Irwindale, do hereby certify that the foregoing Ordinance No. 411, was introduced for first reading at a meeting of the Council held on the 24th day of November, 1986, and duly passed, approved and adopted on second reading by said Council, at a meeting held on the 18th day of December, 1986, by the following vote of the Council: AYES: COUNCILMEN: Breceda, Diaz, P. Miranda, Tapia and Mayor Castellanos NOES: COUNCILMEN: None ABSENT: COUNCILMEN: None I Rosemary M. Rarez, Deputy City C1 k