Laserfiche WebLink
Payment to ERAF and an Ordinance <br />Amending the Six Redevelopment Plans <br />co Extend Certain Time Limits <br />May 3, 2004 <br />Page 3 <br />The legislation implementing the State's FY 2003 -2004 budget authorized <br />the County Auditor /Controller to withhold property tax revenue from the <br />City's General Fund to the extent that the $1,830,569 payment is not made <br />by the Community Redevelopment Agency before May 10, 2004. SB 1045 also <br />included a provision that allows the legislative body to adopt an <br />ordinance to amend the redevelopment plan extending the time limit on the <br />use of tax increment to repay indebtedness and extend the plan <br />effectiveness by one year for a redevelopment agency making an ERAF <br />payment. <br />The City of Santa Ana has six redevelopment project areas: Central City, <br />Inter -City, North Harbor, South Harbor, South Main and Bristol Corridor. <br />The following time limits are proposed for amendment: <br />TIME LIMIT; ON <br />TIME LIMIT ON <br />TIME LIMIT ON <br />TIME LIMIT ON <br />PLAN <br />PLAN <br />PLAN <br />RECEIPT OF <br />RECEIPT OF <br />EFFECTIVENESS <br />EFFECTIVENESS <br />TAX INCREMENT <br />TAX INCREMENT <br />(CURRENT <br />(PROPOSED <br />(CURRENT <br />(PROPOSED <br />DATE) <br />DATE) <br />DATE) <br />DATE)' <br />Central City <br />July 2, 2013 <br />July 2, 2014 <br />July 2, 2023 <br />July 2, 2024 <br />Inter -City <br />July 6, 2022 <br />July 6, 2023 <br />July 6, 2032 <br />July 6, 2033 <br />North Harbor <br />July 6, 2022 <br />July 6, 2023 <br />July 6, 2032 <br />July 6, 2033 <br />South Harbor <br />July 6, 2022 <br />July 6, 2023 <br />July 6, 2032 <br />July 6, 2033 <br />South Main <br />July 6, 2022 <br />July 6, 2023 <br />July 6, 2032 <br />July 6, 2033 <br />Bristol <br />December 4, <br />December 4, <br />December 4, <br />December 4, <br />2029 <br />2030 <br />2039 <br />2040 <br />