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HomeMy WebLinkAboutRDA TIME LIMITS AMD 11-21-94 NO. 11-2 Intor-Corn )ATE: NOVEMBER 21, 1994 TO: WILLIAM A. HUSTON, CITY MANAGER FROM' COMMUNITY DEVELOPMENT DEPARTMENT SUBJECT: REDEVELOPMENT PLAN AMENDMENTS (ORDINANCES 1141 AND 1142) TIME LIMITS RECOMMENDATION It is recommended that the City Council adopt Urgency Ordinances No. 1141 and 1142, bringing the Town Center and South Central Redevelopment Plans into compliance with State-mandated time limits. FISCAL IMPACT Ordinance 1141 and Ordinance 1142 will not have any immediate fiscal impact on either the Town Center or the South Central Redevelopment Plans. However, both Ordinances may have a potential effect on the Agency's future options to issue bonds to implement the Redevelopment Plans. It is not possible, at this time, to calculate what these impacts will be. BACKGROUND AND DISCUSSION AB 1290, adopted as part of the 1993 State legislative session made major revisions to the California Community Redevelopment Law in order to eliminate what the Legislature perceived to be abuses of the California Redevelopment LaW. Among these changes were establishment of time limits dealing with. the following: (1) the effective life of Redevelopment Plans; (2) the time in which an Agency can incur debt; and (3) the time in which the Agency can collect tax increment to service debt after the end of the effectiveness of a Redevelopment Plan. The Council has no discretion in this matter. AB 1290 requires the City Council to amend both the Town Center and the South Central Redevelopment Plans to conform to these time limits. AB 1290 requires the following time limits be included in all Redevelopment Plans: City Council Report Ordinances~.ll41 and 1142 November 21, 1994 The effective date of the Redevelopment Plan can be no longer than forty (40) years. . The last date an Agency may incur debt, loans or advances is twenty (20) years after adoption of the Redevelopment Plan, or January 1, 2004, whichever is later. . The last date the Agency can collect tax increment in order to retire debt is ten years after the termination of the redevelopment plan. In the case of a redevelopment plan which was amended to add territory (in Tustin, only the South Central Redevelopment Plan) these time limits run from the date of the amendment for the area which was added by the amendment. Town Center Redevelopment Plan The Town Center Redevelopment Plan was originally adopted on November 22, 1976. It was amended on September 8, 1981 to modify financial provisions and amended a second time on March 20, 1989, again to modify financial provisions. It has never been amended to add territory. Under the current provisions of the Redevelopment Plan, thePlan is effective for thirty years after the second amendment, or April 19, 2019. This exceeds the 40 year time limit from original adoption allowed by AB 1290. Therefore the Plan must be amended to change its effective date to November 22, 2016. Currently, the Plan has a time limit for incurring debt, advances and loans of November 22, 2006. This exceeds the later date allowed by AB 1290, which is January 1, 2004. Therefore, the Plan must be amended to limit the time for incurring debt to January 1, 2004. The Town Center Redevelopment Plan does not have a determinate time limit after the termination of the Plan during which the Agency can continue to collect tax increment to retire outstanding debt. Since AB 1290 limits this time to ten (10) years after the termination of the Redevelopment Plan, the Town Center Redevelopment Plan must be amended to limit collection of tax increment to November 22, 2026. In summary, the following are the required new time limits for the Town Center Redevelopment Plan: City Council Report Ordinances 1141 and 1142 November 21, 1994 Effective Date of Redevelopment Plan Last Date to Incur Debt Last Date to Collect Tax Increment to Retire Debt November 22, 2016 January 1, 2004 November 22, 2026 Ordinance 1141 includes the required amendments to the Town Center Redevelopment Plan and is attached for the Council's adoption. South Central Redevelopment Plan The South Central Redevelopment Plan was originally adopted on July 18, 1983. It was amended on July 15, 1985 to add the area bounded by Edinger Avenue On the North, Red Hill' Avenue on the east, Valencia Street on the South and SR55 on the west. This is the area covered by the Pacific Center East Specific Plan. As noted above, the mandatory time limits extend from the date of adoption of the original redevelopment plan, or, in the case of an amendment to add territory, from the adoption of the amendment for the territory added. Under the existing redevelopment plan, the Plan is effective for both areas until July 15, 2015. For both the original area and the amended area, this is within the forty years allowed by AB 1290. Therefore, there is no change required in the effective dates of the Redevelopment Plan for either the original area or the added area. Also, under the existing plan, the time limit for incurring debt, advances and loans is July 15, 2015. AB 1290 limits the incurring of debt to twenty (20) years or January 1, 2004, whichever is later. For the original project area, the time limit must be changed to January 1, 2004. For the amended area, the time limit must be amended to July 15, 2005, based on the twenty (20) year limit. The current plan does not have a time limit for receipt of tax increment after the termination of the Redevelopment Plan. Since AB 1290 requires a limit of 10 years after the termination of the plan, both the original and amended areas will be limited to July 15, 2025. The following are the new time limits for the South Central Redevelopment Plan as required by AB 1290. City Council Report Ordinances 1141 and 1142 November 21, 1994 South Central Redevelopment Plan: Oriqinal Project Ares Effective Date of Redevelopment Plan July 15, 2015 Last Date to Incur Debt January 1, 2004 Last Date to Collect Tax Increment to Retire Debt July 15, 2025 South Central Redevelopment Plan: Added Area Effective Date of Redevelopment Plan July 15, 2015 Last Date to Incur Debt July 15, 2005 Last Date to. Collect Tax Increment to Retire Debt July 15, 2025 Ordinance 1142 incorporates the new time limits for the South Central Redevelopment Plan and is attached for City Council approval. URGENCY ORDINANCE Since the Redevelopment Plans are adopted by Ordinance, the Council must amend them by Ordinance. AB 1290 requires that the two redevelopment plans be amended before December 31, 1994. In order to accomplish this, the City Attornay's Office has recommended the City Council adopt these ordinances as Urgency Ordinances, which requires a four-fifths vote of the City Council. As urgency ordinances, they become effective immediately upon second reading, scheduled for the Council meeting of December 5, 1994. If these are not adopted as urgency ordinances, the 30 day referendum period would not allow them to be effective until January 4, 1995, after the State mandated deadline. RECOMMENDED ACTIONS It is recommended the City Council adopt, by a four-fifths (4/5) vote, the attached Ordinances 1141 and 1142, amending the Town Center and South Central Redevelopment Plans. Christine A~on Assistant City Manager Richard -Zi~ em~ Redevelopment Program Manager r zimmer \ redevgen\ t iml imt. cc 2 10 11 12 13 15 16 17 18 19 20 21 22 23 24 25 26 28 ORDINANCE NO. 1141 AN URGENCY ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUSTIN,~ CALIFORNIA, AMENDING CERTAIN TIME LIMITATIONS WIT}{ RESPECT TO THE TOWN CENTER REDEVELOPMENT PLAN The City Council of the City of Tustin does hereby ordain as follows: I. The City Council finds and determines as follows: ae That the City Council adopted the Town Center Redevelopment Plan on November 22, 1976 by Ordinance No. 701 and subsequently amended the Redevelopment Plan on September 8, 1981 by Ordinance No. 855 and further amended the Redevelopment Plan on March 20, 1989 by Ordinance No. 1021; B · That Section 33333.6 of the Community Redevelopment Law established certain limitations on the incurring of indebtedness, the duration of the effectiveness of redevelopment plans, ~and the collection of taxes from redevelopment project areas adopted on or before December 31, 1993; Ce That Section 33333.6 of the Community Redevelopment Law mandates limits to the incurring of debt to twenty (20) years after the date of adoption of the redevelopment plan or January 1, 2004, whichever is later; limits to the effectiveness of redevelopment plans to 40 years from the date of adoption of the plan or January 1, 2009, whichever is later; and limits to the repayment of indebtedness or receipt of property taxes pursuant to Section 33670 of the Community Redevelopment Law to ten (10) years from the termination of the effectiveness of the redevelopment plan; De That The Town Center Redevelopment Plan currently has a time limit for incurring debt of November 22, 2006, an indeterminate time limit for repayment of indebtedness or receipt of property taxes and a time limit on the effectiveness of the Redevelopment Plan of thirty (30) years after the Second Amendment, or April 19, 2019; E· That the Redevelopment Agency on November 21, 1994, recommended approval of the proposed Town Center Redevelopment Plan Amendment; 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Ordinance No. 1141 Page 2 F · That a public hearing was duly noticed, called and held on December 5, 1994 by the City Council. G. That incorporation into the Town Center Redevelopment Plan of the time limits set forth in Section 33333.6 of the Health and Safety Code is mandated by law and is therefore not a discretionary act by the City. Accordingly, this action does not constitute a "project" within the meaning of the California Environmental Quality Act (Public Resources Code Sections 21000 et seq.) and is not subject to environmental review. He State law adoPted by the California Legislature, Statutes of 1993, Chapter 942, Assembly Bill 1290, Health and Safety Code Section 33333.6, mandates that the time limits prescribed in said section shall be applied in the Town Center Redevelopment Plan on or before December 31, 1994. Compliance with this State-mandated action is only possible if this Ordinance is adopted by the City Council of the City of Tustin as an urgency ordinance pursuant to the provisions of the Government Code, approved by a four-fifths vote of the City Council, to be effective immediately upon adoption, in order to fully provide and protect the public peace, health and safety of the citizens of Tustin by full receipt of the benefits and protections of the California Community Redevelopment Law. II. NOW, THEREFORE, the City Council of the City of Tustin DOES HEREBY ORDAIN as follows: Section 1. Section 600 (Limitations on Finances), Paragraph 2 of the Town Center Redevelopment Plan shall be amended to read as follows: "A. The Agency shall not establish loans, advances and indebtedness to be paid with the proceeds of property taxes received pursuant to Section 33670 of the Community Redevelopment Law to finance in whole or in part the Town Center Redevelopment Project after January 1, 2004, unless the Town Center Redevelopment Plan is amended pursuant to State Law." Section 2. Section 1000 (Duration of the Plan) shall be amended to read: as follows: 10 11 12 13 ¸r 14 15 16 17 18 19 20 21 22 23 24 25 26 27 Ordinance No ' 11=~ Page 3 ~B. Except.for the non%discrimination and non-segregation provisions which shall run in perpetuity, the provisions of the Town Center Redevelopment Plan shall be effective through November 22, 2016; provided, however, that the Agency may pay indebtedness and receive property taxes within the Town Center Project Area pursuant to Section 33670 through November 22, 2026." Section 3. The City Council hereby approves and adopts this Ordinance by the required foUr-fifths (4/5) vote as an urgency ordinance pursuant to GoVernment Code Section 36937 in order to protect and maintain all benefits and protections of the California Redevelopment Law for the preservation of the public peace, health and safety by effecting compliance with mandated state law and preservation of all the rights and benefits of the Community Redevelopment Law for the public health and safety of the citizens of Tustin. PASSED AND ADOPTED by a four-fifths (4/5) vote of the City Council at a regular meeting of the Tustin City Council held on the day of December, 1994. THOMAS R. SALTARELLI MAYOR MARY E. WYNN CITY CLERK STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF TUSTIN ) CERTIFICATION FOR ORDINANCE NO. 1141 MARY.E. WYNN, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, does hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Ordinance No. 1141 was passed and adopted at a regular meeting of the City Council held on the day of December, 1994, by the following vote: COUNCILPERSONS AYES: COUNCILPERSONS NOES: COUNCILPERSONS ABSTAINED: COUNCILPERSONS ABSENT: 28 MARY E. WYNN, City Clerk 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ORDINANCE NO. 1142 AN URGENCY ORDINANCE OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALI'FORNIAi AMENDING CERTAIN TIME LIMITATIONS WITH RESPECT TO THE SOUTH CENTRAL REDEVELOPMENT PLAN The City Council of the City of Tustin does hereby ordain as follows: I. The City Council finds and determines as follows: ae B · That the City Council adopted the South Central Redevelopment Plan on August 1, 1983 by Ordinance No. 890 and subsequently amended the Redevelopment Plan, including adding territory to the Project Area, on July 15, 1985 by Ordinance No. 939. (Attachment 1, hereto, identifies the original project area adopted by Ordinance No. 890 and Attachment 2, hereto, identifies the area added to the Project Area by Ordinance No. 939); That Section 33333.6 of the Community Redevelopment Law established certain limitations on the incurring of indebtedness, the duration of the effectiveness of redevelopment plans, and the collection of taxes from redevelopment project areas adopted on or before December 31, 1993; C. That Section 33333.6 of the Community Redevelopment Law mandates limits to the incurring of debt to twenty (20) years after the date of adoption of the redevelopment plan or, with respect to added territory, from the date of an amendment to a redevelopment plan which adds territory to the project area, or January 1, 2004, whichever is later; limits to the effectiveness of redevelopment plans to 40 years from the date of the adoption of the redevelopment plan, or, with respect to added territory, from the date of an amendment to a redevelopment plan which adds territory to the project area, or January 1, 2009, whichever is later; and limits to the repayment of indebtedness or receipt of property taxes pursuant to Section 33670 of the Community Redevelopment Law to ten (10) years from the termination of the effectiveness of the redevelopment plan, De That the South Central Redevelopment Plan currently has a time limit for incurring debt of July 15, 2015, no time limit for repayment of indebtedness or receipt of property taxes and a time limit on the effectiveness of the Redevelopment Plan of thirty (30) years after the Amendment adopted by Ordinance No.939, or July 15, 2015; 10 11 12 13 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Ordinance'No. 11~2 Page 2 E . Fe S. H. That the Redevelopment Agency on November 21, 1994, recommended approval of the proposed South Central Redevelopment Plan Amendment; That a public hearing was duly noticed, called and held on November 21, 1994-by the City Council. That incorporation into the South Central Redevelopment Plan of the time limits set forth in Section 33333.6 of the Health and Safety Code is mandated by law and is therefore not a discretionary act by the City. Accordingly, this action does not constitute a "project" within the meaning of the California Environmental Quality Act (Public Resources Code Sections.21000 et seq.) and is not subject to environmental review. State law adopted by the California Legislature, Statutes of 1993, Chapter 942, Assembly Bill 1290, Health and Safety Code Section 33333.6, mandates that the time limits prescribed in said section shall be applied in the South Central Redevelopment Plan on or before December 31, 1994. Compliance with this State-mandated action is only possible if this Ordinance is adopted by the City Council of the City of Tustin as an urgency ordinance pursuant to the provisions of the Government Code, approved by a four-fifths vote of the City Council, to be effective immediately upon adoption, in order to fully provide and protect the public peace, health and safety of the citizens of Tustin by full receipt of the benefits and protections of the California Community Redevelopment Law. II. NOW, THEREFORE, the City Council of the City of Tustin DOES HEREBY ORDAIN as follows: Section 1. Section 600 (Limitations on Finances), Paragraph 2 of the South Central Redevelopment Plan shall be amended to read as follows: "A. With respect to the original South Central Project Area adopted by Ordinance 890, shown in Attachment 1 to Ordinance 1142, the Agency shall not establish loans, advances and indebteclness to be paid with the proceeds of property taxes received pursuant to Section 33670 of the Community Redevelopment Law to finance in whole or in part the redevelopment project after January 1, 2004, 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Ordinance No. 1142 Page 3 · unless the Redevelopment Plan is amended pursuant to State Law. With respect to the territory added to the project area by Ordinance 939, Shown in Attachment 2 to Ordinance 1142, the Agency shall not establish loans, advances and indebtedness to be paid with the proceeds of property taxes received pursuant to Section 33670 of the Community Redevelopment Law to finance in whole or in part the redevelopment project after July 15, 2005, unless the Redevelopment Plan is amended pursuant to State Law." Section 2. Section 1000 (Duration of the Plan) shall be amended to read: as follows: "A. With respect to the original South Central Project Area adopted by Ordinance 890, shown in Attachment 1 to Ordinance 1142, and except for the non-discrimination and non-segregation provisions which shall run in perpetuity, the provisions of the South Central Plan shall be effective through July 15, 2015; provided, however, that the Agency may pay indebtedness and receive property taxes within South Central Project Area pursuant to Section 33670 through July 15, 2025, unless the Redevelopment Plan is amended pursuant to State Law. B.~ With respect to the territory added to the project area by Ordinance 939, shown in Attachment 2 to Ordinance 1142, and except for the non-discrimination and non- segregation provisions which shall run in perpetuity, the provisions of the South Central Redevelopment Plan shall be effective through July 15, 2015; provided, however, that the Agency may pay indebtedness and receive property taxes within the South Central Redevelopment Project Area pursuant to Section 33670 through July 15, 2025, unless the Redevelopment Plan is amended pursuant to State Law." Section 3. The City Council hereby approves and adopts this Ordinance by the required four-fifths (4/5) vote as an urgency ordinance pursuant to Government Code Section 36937 in order to protect and maintain all benefits and protections of the California Redevelopment Law for the preservation of the public peace, health and safety by effecting compliance with mandated state law and preservation of all the rights and benefits of the Community Redevelopment Law for the public health and safety of the citizens of Tustin. 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 28 Ordinance No. 1142 Page 4 PASSED AND ADOPTED by a four-fifths (4/5) vote of the City Council at a regular meeting of the Tustin City Council held on the day of December, 1994. THOMAS R. SALTARELLI MAYOR MARY E. WYNN CITY CLERK STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF TUSTIN ) CERTIFICATION FOR ORDINANCE NO. 1142 MARY E. WYNN, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, does hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Ordinance was passed and adopted at a regular meeting of the City Council held on the 5th day of December, 1994, by the following vote: COUNCILPERSONS AYES: COUNCILPERSONS NOES: COUNCILPERSONS ABSTAINED: COUNCILPERSONS ABSENT: MARY E. WYNN, City Clerk ATTACHMENT 1 ORDINANCE NO. 1142 ORIGINAL REDEVELOPMENT PROJECT AREA SOUTH CENTRAL REDEVELOPMENT PLAN Page 1 of 2 ATTACHMENT 1 ORDINANCE NO. 1142 ORIGINAL REDEVELOPMENT PROJECT AREA SOUTH ~CENTRAL REDEVELOPMENT ~LAN · Page 2 of 2 ATTACHMENT 2 ORDINANCE NO'. 1142 ADDED REDEVELOPMENT PROJECT AREA 'SOUTH CENTRAL REDEVELOPMENT PLAN ~T - "'VACSH~,;,% Page 1 of 2