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11A - EXTEND DEADLINE DEBT
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01/20/2004
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11A - EXTEND DEADLINE DEBT
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1/3/2012 5:03:15 PM
Creation date
1/16/2004 3:02:53 PM
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City Clerk
Doc Type
Agenda Packet
Item #
11A
Date
1/20/2004
Destruction Year
2009
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SECTION 2: As used in this Ordinance, the following definitions shall <br />apply: <br /> <br /> AgenCY shall mean the Community Redevelopment Agency of the City of <br />Santa Ana. <br /> <br /> COmmunity Redevelopment Law shall mean Part 1 (commencing with <br />SeCtion 33000) of Division 24 of the California Health & Safety Code, as <br />amended from time to time. <br /> <br /> South Main Plan shall mean the Santa Ana South Main Street <br />Redevelopment Plan originally adopted by Ordinance No. NS-1639 on or about <br />July 6, 1982, and amended by Ordinance No. NS-2234 on or about October 3, <br />1994, Ordinance No. NS-2256 adopted on or about JulY 17, 1995, and <br />Ordinance NS-2396 in August of 1999. <br /> <br /> South Harbor Plan shall mean the Santa Ana South Harbor <br />Boulevard/Fairview Street Redevelopment Plan originally adopted by Ordinance <br />No. NS-1638 on or about July 6, 1982, amended by Ordinance No. NS-2167 on <br />or about August 3, 1992, Ordinance No. NS-2234 on or about October 3, 1994, <br />and Ordinance NS-2396 in August of 1999. <br /> <br /> North Harbor Plan shall mean the Santa Ana North Harbor Boulevard <br />Redevelopment Plan originally adopted by Ordinance No. NS-1637 on or about <br />July 6, 1982, amended by Ordinance No. NS-2234 on or about October 3, 1994, <br />and Ordinance NS-2396 in August of 1999. <br /> <br /> Tax increment shall mean property tax revenues allocated to the Agency <br />pursuant to Section 333670 of the Community Redevelopment Law. <br /> <br /> Time limit on incurring indebtedness shall meanthe expiration date of the <br />time period during which the Agency may establish or incur loans, advances, and <br />indebtedness to be paid with the proceeds of tax increment derived from the <br />project area of a specified redevelopment plan, as described in subdivision (a) of <br />Section 33333.6 of the Community Redevelopment Law, subject to all exceptions <br />specified in the Community Redevelopment Law. <br /> <br /> Time limit on plan effectiveness shall mean the expiration date of the time <br />period during which a specified radeveiopment plan is effective, as described in <br />subdivision (b) of Section 33333.6 of the Community Redevelopment Law, <br />subject to all exceptions specified in the Community Redevelopment Law. <br /> <br /> Time limit on receipt of tax increment shall mean the expiration date of the <br />time period during which the Agency may pay indebtedness and receive tax <br />increment dedved from the project area of a specified redevelopment plan, as <br />described in subdivision (c) of Section 33333.6 of the Community <br /> <br />1 1.A. <br /> <br />Page 2 <br /> <br /> <br />
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