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A. BACKGROUND <br />State law establishes time limits for the exercise of basic redevelopment activities. In <br />accordance with CRL Section 33333.6 or redevelopment plans adopted on or before December <br />31, 1993, the following limits shall apply: <br />The time limit to establish loans, advances, and indebtedness to be paid with the revenue from <br />property taxes may not exceed 20 years from the adoption date of the redevelopment plan or <br />January 1, 2004, whichever is later. <br />The effectiveness of a redevelopment plan may not exceed 40yeqns.'.. r the adoption date or <br />January 1, 2009, whichever is later. After the effectiv's of j`::.'.'r'e"develop.ment plan has <br />expired, an agency has no authority to act pursuant '(J,.Ahe red evelop'M'(W. plan except to pay <br />previously incurred indebtedness and to enforrcw",o;2Oxistin g coven an'f s,,::,:'an d contracts. A <br />xi `0 <br />increment up to ten..., ears from the <br />redevelopment agency may receive prop rt I X y" <br />termination of the redevelopment project area <br />If provided by the redevelopment plans, an a 66.6y.-ii.ifffay commence eminent domain <br />9 <br />proceedings to acquire property w!tK( be..,project Areb"-,-f6_r a period not to exceed 12 years <br />from the adoption date. <br />If a redevelopment plan adQp.tprior to !?berJ 'IATh orizos the issuance of bonds, the <br />,t97p, <br />".Ar 4 X -'-X.:.. -VIf, .%:111 <br />redevelopment plan shool" Winc ude,.a limit aff4-m 2 <br />erjaffiount'o 'Unded ndebtedness that can be <br />j "these flFFfft_-� and f i j 1 a I limitations may be extended or increased <br />outstanding at one tlme <br />only through an am'e-"fid'Ment to th6developrneh't plan. <br />j I :A.}. AV '00,40 0,4 <br />-hin the redevelopment plans for the Project <br />A] <br />The folio wing,are the to X <br />000 �J <br />Areas. <br />0-XvX0-:41 <br />,%.VOr r <br />'�00 00.0, <br />..x' P '.'o .1Vr.;j. b I e <br />44 %VrVI., perged Project Area Time Limits <br />C e n t r a I C ]i t ... ... <br />..,-EWred 7/2/16 <br />7/2/26 <br />Expired <br />(Adopted <br />1/1/04 <br />2008 <br />Inter -City -d <br />Expired 7/6/25 <br />rTrr <br />7/6/35 <br />Expired <br />(Adopted 7/6/82) <br />1/1/04 <br />6/5/2008 <br />North Harbor <br />7/6/22 7/6/25 <br />7/6/35 <br />Expired <br />-(Adopted 7/6/82) <br />6/5/2008 <br />South Harbor <br />7/6/22 7/6/25 <br />7/6/35 <br />Expired <br />7/6/82) <br />9/2/04 <br />-(Adopted <br />South Main <br />7/6/22 7/6/25 <br />7/6/35 <br />Expired <br />(Adopted 7/6/82) <br />8/16/07 <br />Bristol Corridor <br />Expired 12/4/30 <br />12/4/40 <br />Expired <br />-(Adopted 12/4/89) <br />12/4/09 <br />12/4/01 <br />Santa Ama Cornll)Unity Redevelopment Agency Implernentation Plan Rd y 1,, 201.0 to June 30J 201.5 <br />For the Merged Santa Ana Redevelopment Project Area Page 11 <br />