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11A - ORD DEBT INCURRED IN THREE REDEVELOPMENT AREAS
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12/01/2008
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11A - ORD DEBT INCURRED IN THREE REDEVELOPMENT AREAS
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Last modified
1/3/2012 4:25:38 PM
Creation date
11/25/2008 1:31:06 PM
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City Clerk
Doc Type
Agenda Packet
Item #
11A
Date
12/1/2008
Destruction Year
2013
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<br />Redevelopment <br />Plan Time Limit On <br />Incurring <br />Indebtedness <br />revised Time Limit On <br />Plan <br />Effectiveness <br />unchan ed Time Limit On <br />Receipt of Tax <br />Increment <br />(unchan ed <br /> <br />Central Cit Plan Jul 2, 2016 Jul 2, 2016 Jul 2, 2026 <br />Inter Cit Plan Jul 6, 2025 Jul 6, 2025 Jul 6, 2035 <br />Bristol Plan Dec 4, 2030 Dec 4, 2030 Dec 4, 2040 <br />SECTION 4: If any section, subsection, sentence, clause, phrase or word of <br />this Ordinance is for any reason held to be invalid by a court of competent <br />jurisdiction, such decision shall not affect the validity of the remaining portions of <br />this Ordinance. The City Council hereby declares that it would have passed and <br />adopted this Ordinance, and each and all provisions hereof, irrespective of the fact <br />that one or more provisions may be declared invalid. <br />SECTION 5: This ordinance shall become effective upon the issuance and <br />sale of the 2009 Tax Allocation Bonds. <br />ADOPTED this day of <br />APPROVED AS TO FORM: <br />Joseph W. Fletcher <br />City Attorney <br />AYES: <br />NOES: <br />ABSTAIN: <br />NOT PRESENT: <br />Councilmembers <br />Councilmembers <br />Councilmembers <br />Councilmembers <br />2008. <br />Miguel A. Pulido <br />Mayor <br />3 <br />11 A-3 <br />
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