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<br />TABLE:.2 ~ ~I~E. A~D fIN~.CIAL. LlMIT~ - <br />Sant~_Ana :Co.mmunity l?evelopm~rit_Agency <br /> <br />I PROJECT ADOPTION DATE 1 <br /> <br />Community Redevelopment Law Requirements for Pre- <br />1994 Redevelopment Plans adopted <br /> <br />Central City <br />Adopted 7/2/73 by Ordinance No. NS-1173 <br />Amended 6/2/75 by Ordinance No. NS-1258 <br />Amended 12/1/86 by Ordinance No. NS-1877 <br />Amended 10/3/94 by Ordinance No. NS-2234 <br />Amended 5/6/96 by Ordinance No. NS-2290 <br />Amended 8/2/99 by Ordinance No. NS-2396 <br />Inter-City <br />Adopted 7/6182 by Ordinance No. NS-1636 <br />'l:J I Amended 10/3/94 by Ordinance No. NS-2234 <br />~ Amended 5/6/96 by Ordinance No. NS-2289 <br />~ended 8/2/99 by Ordinance No. NS-2396 <br />~orth Harbor <br />Ddopted 7/6182 by Ordinance NO.NS-1637 <br />0 I Amended 10/3194 by Ordinance No. NS-2234 <br />1\).mended 5/6/96 by Ordinance No. NS-2291 <br />tØmended 8/2/99 by Ordinance No. NS-2396 <br />0 . Amended 1120/04 by Ordinance No. NS-2641 <br />South Harbor <br />Adopted 7/6182 by Ordinance No. NS-1638 <br />Amended 8/3/92 by Ordinance No. NS-2167 <br />Amended 10/3/94 by Ordinance No. NS-2234 <br />Amended 8/2/99 by Ordinance No. NS-2396 <br />Amended 1/20/04 by Ordinance No. NS-2641 <br />South Main <br />¡Adopted 7/6182 by Ordinance No. NS-1639 <br />Amended 10/3/94 by Ordinance NS-2234 <br />Amended 7/17/95 by Ordinance NS-2256 <br />Amended 8/2/99 by Ordinance NS-2396 <br />Amended 1/20/04 by Ordinance No. NS-2641 <br />Bristol Corridor <br />¡ Adopted 12/4/89 by Ordinance NS-2039 <br />lAmended 10/3/94 by Ordinance No. NS-2231 <br />Amended 10/3/94 by Ordinance No. NS-2234 <br />Amended 8/2/99 by Ordinance No. NS-2396 <br /> <br />DEBT ESTABLISHMENT <br /> <br />20 years from adoption or <br />1/1/04 whichever is later plus <br />10 years with amendment <br />(may repeal limit by <br />ordinance) <br /> <br />Expired <br /> <br />Expired <br /> <br />7/6/22 <br /> <br />7/6122 <br /> <br />7/6122 <br /> <br />12/4/09 <br /> <br />" <br /> <br /> <br />PLAN <br />EFFECTIVENESS <br /> <br />40 years from adoption <br />or 1/1/09 whichever is <br />later + 10 year with <br />significant remaining <br />blight (AB1290) + 1-year <br />for ERAF payment <br />(SB1045) <br />7/2/14 <br /> <br />7/6123 <br /> <br />7/6/23 <br /> <br />7/6/23 <br /> <br />7/6123 <br /> <br />12/4/30 <br /> <br />,. <br /> <br />DEBT REPAYMENT <br />(RECEIPT OF T.I.) <br /> <br />10 years after Plan <br />effectiveness <br />+ 10 year with <br />significant remaining <br />blight (AB1290) + 1- <br />year for ERAF payment <br />(SB1045) <br />7/2124 <br /> <br />7/6133 <br /> <br />7/6/33 <br /> <br />7/6/33 <br /> <br />7/6/33 <br /> <br />12/4/40 <br /> <br />.. <br /> <br />--- <br /> <br />TAX <br />INCREMENT <br /> <br />Limit required <br />no maximum <br /> <br />$3,000,000,000 <br /> <br />S80,600,OOO <br />$259,500,00 <br />w/bonds <br /> <br />$32,100,000 <br />$103,375,000 <br />w/bonds <br /> <br />. .-.. <br /> <br />.. <br /> <br /> <br />BOND DEBT <br /> <br />" <br /> <br />-, <br /> <br />.. <br /> <br />.. <br /> <br />EMINENT <br />DOMAIN <br /> <br />Limi~ required no 112 y~ars <br />maximum maximum <br /> <br />None <br />(not required for <br />plans adopted <br />before 10/1/76) <br /> <br />$80,600,000 <br /> <br />$32,100,000 <br /> <br />$2,600,000,000 I $1,000,000,000 <br /> <br />$2,000,000,000 I $600,000,000 <br /> <br />$335,000,000 <br /> <br />$105,100,000 <br /> <br />5/612008 <br /> <br />5/612008 <br /> <br />5/612008 <br /> <br />8/3/2004 <br /> <br />7/17/2007 <br /> <br />Expired <br /> <br />1 The amendments to each of the redevelopment projects have been listed in order by the date of adoption, and, therefore, do not necessarily correspond with the amendment reference numbers (i.e. First Amendment) described in the <br />ordinances, <br />