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CITY OF SANTA ANA <br />COMMUNITY REDEVELOPMENT AGENCY <br />20 CIVIC CENTER PLAZA · SANTA ANA · CALIFORNIA <br /> <br />91701 <br /> <br />· A~ril 8, 197S <br /> <br />~entl~n: <br /> <br />This letter is being transmitted to you pursuant to Section 33350.1 of the <br />California Health and Safety Code. <br /> <br />The Commmity Redevelopment Agency of the City of Santa Arm. is proposing an <br />amendment to the Redevelopment Plan o£. the City o£ Santa Aha Redevelopment <br />Project. Attached hereto is a copy o£ the Notice o£ Public Hearing on the <br />Amendment to the Redevelopment Plan and a copy o£ a map showing the boundaries <br />o£ the Project Area, i~;luding the area to be added by the Amendment to the <br />Redevelopment Plan. <br /> <br /> Your Agency levies taxes upon property in the area to be .made a part o£ the <br /> Project Area by the Amendment to the Redevelopment Plan, and thus ~uld be <br /> a!fected by a division o£ tax revenues pursuant to Section 33670 o£ the <br />· Cali£ornia Health and Salety Code, which becomes applicable under the proposed <br />. ~endment to the Redevelopment Plan. I£ the proposed a~end~ent to the <br />Redevelopment Plml is adopted, property taxes resulting £rom increases in <br />valuation above the assessed value as sho~n on the last equalized assessment <br />roll prior to the ei£ective date o£ the ordinance adopting the Amendment to <br />the Redevelopment Plan, could be allecated to the Redevelopment Agency £or <br />redevelotnent purposes, rather than being paid into the treasury o£ your <br />taxing Agency. Tax increments /~rem property in the existing Project Area <br />~/fich are presently allocated to the Radevelopment Agency under Section $3670 <br />~ould not be a££ected by the Amendment to the Redevelol~nent Plan. Only the <br />taxation o£ property in the area to be added to the existing Project Area <br />by the Amemlment o£ the Redevelopment Plan ~rill be diected by the A~endment. <br /> <br />.'Yourstruly, <br /> <br />Richard E. Goblirsch <br />Executive Director ,, <br /> <br />Attachments <br /> <br />.2 <br /> <br /> <br />