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<br />5/10/04 LES <br /> <br />. <br /> <br />ORDINANCE NO. NS-2652 <br /> <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY <br />OF SANTA ANA EXTENDING THE TIME LIMIT OF THE <br />EFFECTIVENESS OF THE REDEVELOPMENT PLANS <br />FOR ALL SIX OF THE PROJECT AREAS; EXTENDING <br />THE TIME LIMIT FOR PAYMENT OF INDEBTEDNESS <br />AND RECEIPT OF PROPERTY TAXES FOR EACH OF <br />THE SIX REDEVELOPMENT PROJECT AREAS; AND <br />MAKING CERTAIN FINDINGS IN CONNECTION <br />THEREWITH <br /> <br />THE CITY COUNCIL OF THE CITY OF SANTA ANA DOES ORDAIN AS <br />FOLLOWS: <br /> <br />SECTION 1: The City Council of the City of Santa Ana hereby, finds, determines <br />and declares as follows: <br /> <br />. <br /> <br />A. The Community Redevelopment Agency for the City of Santa Ana <br />("Agency") is a community redevelopment agency duly created, established, and <br />authorized to transact business and exercise its powers, all under and pursuant <br />to the California Community Redevelopment Law (Part I of Division 24, <br />commencing with Section 33000 of the Health & Safety Code of the State of <br />California) ("CRL"). <br /> <br />B. The Agency is engaged in activities necessary and appropriate to <br />carry out the Redevelopment Plan for each of the six redevelopment project <br />areas (as described further below). <br /> <br />C. Pursuant to California Health and Safety Code section 33333.6, a time <br />limit of the effectiveness of the Redevelopment Plans and a time limit on the <br />period of repayment of indebtedness and receipt of property taxes under the <br />Redevelopment Plan have been established. <br /> <br />. <br /> <br />D. By and through Senate Bill 1045, enrolled on August 19, 2003, and <br />chaptered on September 2, 2003 ("SB 1 045"), Health and Safety Code section <br />33333.6 was amended to provide that as to Redevelopment Plans originally <br />adopted before January 1, 1994, and when such redevelopment agency is <br />required to make a payment to the Educational Revenue Augmentation Fund in <br />fiscal year 2003-2004 pursuant to CRL section 33681.9, the City Council, as the <br />legislative body of the Agency, may enact an ordinance to extend by one year <br />the time limit on the effectiveness of the Redevelopment Plan and the time limit <br />for payment of indebtedness and receipt of property taxes under the <br />Redevelopment Plan, each and respectively. <br /> <br />Ordinance No. NS-2652 <br />Page 1 of 5 <br />