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NS-2234
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Last modified
1/3/2012 1:02:43 PM
Creation date
6/26/2003 10:08:08 AM
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City Clerk
Doc Type
Ordinance
Doc #
NS-2234
Date
10/3/1994
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ORDINANCE NS-2234 385 <br />Page 2 <br /> <br /> North Harbor Plan means the Santa Ana North Harbor Boulevard <br />Redevelopment Plan adopted by Ordinance No. NS-1637 on July 6, <br />1982. <br /> <br /> Bristol Corridor Plan means the Santa Ana Bristol Corridor <br />Redevelopment Plan adopted by Ordinance No. NS- 2039 on December 4, <br />1989. <br /> <br /> Tax increment means property tax revenues allocated to the <br />Agency pursuant to section 33670 of the Community Redevelopment <br />Law. <br /> <br /> Time limit on incurring indebtedness means the expiration date <br />of the time period during which the Agency may establish or incur <br />loans, advances, and indebtedness to be paid with the proceeds of <br />tax increment derived from the project area of a specified <br />redevelopment plan, as described in subdivision (a) of section <br />33333.2 of the Community Redevelopment Law, subject to all <br />exceptions specified in the Community Redevelopment Law. <br /> <br /> Time limit on plan means the expiration date of the time <br />period during which a specified redevelopment plan is effective, as <br />described in subdivision (b) of section 33333.2 of the Community <br />Redevelopment Law, subject to all exceptions specified in the <br />Community Redevelopment Law. <br /> <br /> Time limit on reception of tax increment means the expiration <br />date of the time period during which the Agency may pay indebted- <br />ness and receive tax increment derived from the project area of a <br />specified redevelopment plan, as described in subdivision (c) of <br />section 33333.2 of the Community Redevelopment Law, subject to all <br />exceptions specified in the Community Redevelopment Law. <br /> <br /> SECTION 2: The redevelopment plans of the City of Santa Ana <br />are hereby amended to include the following time limits on <br />incurring indebtedness and time limits on reception of tax <br />increment, in accordance with subdivision (e) of section 33333.2 of <br />the Community Redevelopment Law. The following time limits on <br />those plans, which remain unchanged, are also set forth. <br /> <br />Central city Plan: <br /> <br />Time limit on incurring indebtedness . January 1, 2004 <br />Time limit on plan . July 2, 2008 <br />Time limit on reception of tax increment July 2, 2018 <br /> <br /> <br />
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