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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 40 years from the adoption date or <br />January 1, 2009, whichever is later. After the effectiveness of a redevelopment plan has <br />expired, an agency has no authority to act pursuant to the redevelopment plan except to pay <br />previously incurred indebtedness and to enforce existing covenants and contracts. A <br />redevelopment agency may receive property tax increment up to ten years from the <br />termination of the redevelopment project area plan. <br />If provided by the redevelopment plans, an agency may commence eminent domain <br />proceedings to acquire property within the Project Area for a period not to exceed 12 years <br />from the adoption date. <br />If a redevelopment plan adopted prior to October 1, 1976 authorizes the issuance of bonds, the <br />redevelopment plan should include a limit on the amount of bonded indebtedness that can be <br />outstanding at one time. These times and financial limitations may be extended or increased <br />only through an amendment to the redevelopment plan. <br />The following are the time limits incorporated within the redevelopment plans for the Project <br />Areas. <br />Table 1: Merged Project Area Time Limits <br /> <br /> M <br />Central City Expired 7/2/16 7/2/26 Expired <br />(Adopted 7/2/73) 1/1/04 6/5/2008 <br />Inter-City Expired 7/6/25 7/6/35 Expired <br />(Adopted 7/6/82) 1/1/04 6/5/2008 <br />North Harbor 7/6/22 7/6/25 7/6/35 Expired <br />(Adopted 7/6/82) 6/5/2008 <br />South Harbor 7/6/22 7/6/25 7/6/35 Expired <br />(Adopted 7/6/82) 9/2/04 <br />South Main 7/6/22 7/6/25 7/6/35 Expired <br />(Adopted 7/6/82) 8/16/07 <br />Bristol Corridor Expired 12/4/30 12/4/40 Expired <br />(Adopted 12/4/89) 12/4/09 12/4/01 <br />Santa Ana C ? aity Redevelopment Agency ImpJ y? iol P? July 1, 2010 to' ; 30, 2015 <br />For the Merl : +la Ana Redevelopment Project Page 11