HomeMy WebLinkAbout1497 - ORDINANCES - 12/21/1994 ORDINANCE NO. 1497
OF THE CITY COUNCIL OF THE CITY OF
PALM SPRINGS, CALIFORNIA AMENDING
THE REDEVELOPMENT PLAN FOR THE
CENTRAL BUSINESS DISTRICT
REDEVELOPMENT PROJECT AREA
WHEREAS, on July 11, 1973, the City Council of the City of Palm springs (the "City")
adopted Ordinance No. 952, approving the Redevelopment Plan for the Central Business District
Redevelopment Project Area (the "Redevelopment Plan") as the official redevelopment plan for
said project area; and
WHEREAS, the Redevelopment Plan a currently approved provides that the
Redevelopment Plan shall remain effective through July 11, 2008; and
WHEREAS, the Redevelopment Plan as currently approved allows the Agency to
establish loans, advances, and/or indebtedness to finance in whole, or in part, the redevelopment
project until July 11, 2008; and
WHEREAS, the Redevelopment Plan as currently approved allow the Agency to repay
loans, advances, or indebtedness until July 11, 2008; and
WHEREAS, pursuant to Stats. 1992, c. 942 (AB 1290), the California Legislature
enacted a Health and Safety Code Section 33333.6 which requires revisions to the time limits
on the exercise of certain rights and powers pursuant to redevelopment plans adopted on or
before December 31, 1993.
NOW, THEREFORE, THE CITY COUNCIL OF THE CI'lTY OF PALM SPRINGS,
DOES ORDAIN AS FOLLOWS:
Section 1. The Redevelopment Plan shall be of no further effect after July 11, 2008.
After this date, the Redevelopment Agency of the City of Palm Springs
shall have no further authority to act pursuant 'to the Redevelopment Plan
except to pay previously incurred indebtedness and to enforce existing
covenants, contracts, or other obligations.
Section 2. No loans, advances, or indebtedness to be repaid from property tax
received pursuant to Health and Safety Code Section 33670 shall be
established pursuant to the Redevelopment Plan after January 1, 2004.
This limitation shall not, however, prevent the Agency from incurring
debt to be paid from the Low and Moderate Income Housing Fund or
establishing more debt in order to fulfill the Agency's housing obligation
under Health and Safety Code Section 33412 after said date.
Section 3. Except as specifically provided herein, the Agency shall not pay
indebtedness or receive property tax pursuant to Health and Safety Code
Section 33670 under the Redevelopment Plan after July Il, 2018. The
limitations imposed by this Ordinance shall not be construed to affect the
validity of any bond, indebtedness, or other obligation authorized by the
City Council or the Agency pursuant to the Community Redevelopment
Law (Health and Safety Code Section 33000, ra seq.), prior to January 1,
1994, nor shall the provisions of this Ordinance be construed to affect the
right of the Agency to receive property taxes, pursuant to Health and
Safety Code Section 33670, to pay such indebtedness or other obligation.
The limitations established by this Ordinance sliall not be applied to limit
Ordinance No. 1497
Page 2
allocation of taxes to the Agency to the extent required to eliminate
project deficits created under a subdivision (e) of Health and Safety Code
Section 33320.5, subdivision (g) of Health and Safety Code Section
33334.6, or subdivision (d) of Health and Safety Code Section 33487, in
accordance with the plan adopted pursuant thereto for the purpose of
eliminating any deficit or to implement a replacement housing program
pursuant to Health and Safety Code Section 33413. In the event of a
conflict between these limitations and the obligations under Health and
Safety Code Section 33334.6 or to implement a replacement housing
program pursuant to Health and Safety Code Section 33413, the City
Council shall amend this Ordinance to modify the limitations to the extent
necessary to permit compliance with the plan adopted pursuant to
subdivision (g) of Health and Safety Code Section 33334.6 and to allow
full expenditure of monies in the Agency's Low and Moderate Income
Housing Fund in accordance with Health and Safety Code Section 33334.3
or to permit implementation of the replacement housing program pursuant
to Health and Safety Code Section 33413.
Section 4. If Health and Safety Code Section 33333.6 is amended to revise the
limitations required to be imposed upon redevelopment plans thereunder,
the Redevelopment Plan shall be deemed to have been automatically
amended as so required.
Section 5. The limitations established in Sections 1, 2, and 3 of this Ordinance shall
apply to the Redevelopment Plan as if the Redevelopment Plan had been
amended to include those limitations, but in adopting such revisions
neither the City Council nor the Agency is required to comply with Article
12 (commencing with Section 33450) of the Community Redevelopment
Law or any other provision of the Community Redevelopment Law
(Health and Safety Code Section 33000, et sew.-) relating to the amendment
of redevelopment. plans.
Section 6. The Mayor shall sign this Ordinance and the City Clerk shall cause the
same to be published or posted as required by law.
ADOPTED this 21st day of December 1994.
AYES: Members Hodges, Kleindienst, Lyons, Reller-Spurgin & Mayor Maryanov
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST: CITY OF PALM SPRINGS, CALIFORNIA
Lily Clerk Mayor
REVIEWED & APPROVED
I HEREBY CERTIFY THAT the foregoing Ordinance 1497_ was duly adopted by the City
Council of the City of Palm Springs, in a meeting thereof held on the date above shown, and
that a copy was published in the DESERT SUN, a newspaper of general circulation, printed and
published in said City of Palm Springs , on December 26, 1994.
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`—� City Clerk