HomeMy WebLinkAbout1576 - ORDINANCES - 12/15/1999 ORDINANCE NO. 1576
AN ORDINANCE OF THE CITY COUNCIL OF
THE CITY OF PALM SPRINGS, CALIFORNIA,
AMENDING CERTAIN REDEVELOPMENT
PROJECT AREA PLANS PURSUANT TO THE
PROVISIONS OF ASSEMBLY BILL 1342 AND '
EXTENDING THE TIME LIMITATIONS IN,
WHICH SAID PROJECT AREAS MAY INCUR
INDEBTEDNESS OR RECEIVE PROPERTY
TAXES
WHEREAS, effective January 1, 1999, certain legislation (AB 1342) was enacted which
authorizes a legislative body to amend a redevelopment plan, which was adopted prior to January
1, 1994, so as to allow the extension of the time period in which a Redevelopment Agency may,
pursuant to its redevelopment plan incur indebtedness or receive property taxes; and
WHEREAS, the Community Redevelopment Agency of the City of Palm Springs (the
"Agency") has eight projects that meet the criteria established by AB 1342 and are able to Extend
the time period during which they may receive property taxes, specifically the Central Business
District Project, the Tahquitz-Andreas Project, the Ramon-Bogie Project, the South Palm
Canyon Project, the Oasis Project, the North Palm Canyon Project, the Highland-Gateway
Project, and the Baristo-Farrell Project; and
WHEREAS, the City Council now wishes to amend the redevelopment plans for the
Central Business District Project, the Tahquitz-Andreas Project, the Ramon-Bogie Project, the
South Palm Canyon Project, the Oasis Project, the North Palm Canyon Project, the Highland- '
Gateway Project, and the Baristo-Farrell Project to extend the time periods consistent with those
established under AB 1342.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PALM SPRINGS
DOES ORDAIN AS FOLLOWS:
SECTION 1: The City Council hereby amends the duration of the redevelopment plans for
the following redevelopment project areas, as follows:
The Central Business District Project Area is hereby extended to the date of July 11, 2013;
The Tahquitz-Andreas Project Area is hereby extended to the date of July 19, 2023;
The South Palm Canyon Project Area is hereby extended to the date of November 30,
2023;
The Ramon-Bogie Project Area is hereby extended to the date of November 30, 2023;
The Oasis Project Area is hereby extended to the date of July 10, 2024;
The North Palm Canyon Project Area is hereby extended to the date of September 19, '
2024;
The Highland-Gateway Project Area is hereby extended to the date of November''20,
2024; and
The Baristo-Farrell Project Area is hereby extended to the date of May 7, 2026.
Ord 1576 / �Vx
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SECTION 2: The Agency shall not pay indebtedness or receive property taxes in the form
of tax increment beyond an additional ten (10) years from the plan limits set forth in Section 1 of
this Ordinance, as permitted by Section 33333.6(c) of the California Health and Safety Code.
SECTION 3: The City Clerk is hereby ordered and directed to certify to the passage of
this Ordinance, and to cause the same or summary thereof, or a display advertisement, duly
' prepared according to law, to be published in accordance with law.
ADOPTED this 15th day of December 1999.
AYES: Members Oden, Reller-Spurgin, Mayor Kleindienst
NOES: Members Hodges, Jones
ABSENT: None
,TTRS CITY OF PALM SPRINGS, CALIFORNIA
City Clerk Mayor
REVIEWED AND APPROVED AS TO FORM:
I HEREBY CERTIFY THAT Ordinance 1576 was duly adopted by the
City Council of the City of Palm Springs, California in a meeting
held on the 15th day of December, 1999, and that same was published
in the DESERT SUN, anew piper of ge e al circulation on December
20, 1999.
P7-TRICIA A. SANDERS
City Clerk