HomeMy WebLinkAbout537 - Ordinances ORDINANCE NO. 537
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AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAMONGA, ESTABLISHING TIME LIMITATIONS
FOR THE RANCHO REDEVELOPMENT PROJECT AREA OF
THE RANCHO CUCAMONGA REDEVELOPMENT AGENCY,
PURSUANT TO THE PROVISIONS OF CALIFORNIA HEALTH
AND SAFETY CODE SECTION 33333.6
A. Recitals.
(i) Health and Safety Code Section 33333.6 requires this Council to establish by
ordinance time limitations applicable to the constituent portions of the Rancho Redevelopment
Project of the Rancho Cucamonga Redevelopmerit Agency ("Agency" hereafter).
(ii) The time limitations referred to in Recital (i), above, include a time limitation
on Agency's establishment of loans, advances and indebtedness pursuant to Health and Safety Code
subsection 33333.2 (a) (2) or 33333.4 (a) (2), which cannot exceed twenty (20) years from the
adoption of the subject redevelopment plan or January 1, 2004, whichever is later. Said time
limitation does no prevent Agency form incurring certain prescribed debts related to low and
moderate income housing.
(iii) The time limitations referred to in Recitals (i), above, include a time limitation
of the effectiveness ofa redevelopment plan which cannot exceed forty (40) years from the adoption
of the plan or January 1, 2009, whichever is later.
(iv) The time limitations referred to in Recital (i), above, include, with some stated
exceptions, a limitalton on Agency paying indebtedness or receiving property taxes pursuant to
California Health and Safety Code Section 33670 so that the same may not occur after ten (10) years
from the termination of the effectiveness of the subject redevelopment plan.
(v) This Agency's Rancho Redevelopmerit Project as presently constituted was
established by Ordinance No. 166, adopted December 23, 1981.
(vi) The purpose of this Ordinance is to establish the time limitations specified in
Health and Safety Code Section 33333.6 for Agency's Rancho Redevelopment Project Area.
B. Ordinance.
NOW, THEREFORE, the Council of the City of Rancho Cucamonga hereby does
ordain as follows:
Ordinance No. 537
Page 2
Section 1. It hereby is established that January 1, 2004 is the latest date upon which
Agency may establish loan, advances and indebtedness for the Rancho Redevelopment Project Area.
The time limitations confirmed in this Section 1 shall not prevent Agency from
incurring debt to be paid from Agency's low and moderate income housing fund or establishing more
debt in order to fulfill Agency's housing obligations under California Health and Safety Code Section
33413.
Section 2. Pursuant to California Health and Safety Code Subsection 33333.6 (b),
December 23, 2021 hereby is established as the date upon which the effectiveness of the Agency's
Rancho Redevelopment Project Area shall be deemed to be terminated.
Section 3. Pursuant to California Health and Safety Code subsection 33333.6 (c),
except as provided in Califomia Health and Safety Code subsections 33333.6 (g) and (h), December
23, 203 1 hereby is established as the latest date on which Agency shall pay indebtedness related to
its activities in or receive property taxes form its Rancho Redevelopmerit Project Area.
Section 4. The City clerk shall certify to the passage of this Ordinance and shall cause
the same to be published in the manner required by law.
PASSED, APPROVED, AND ADOPTED this 16th day of November, 1994.
AYES: Alexander, Buquet, Gutierrez, Stout, Williams
NOES: None
ABSENT: None
Dennis L. Stout, Mayor
ATTEST:
J. Ada(n{'s, CMC, City Clerk
Ordinance No. 537
Page 3
I, DEBRA J. ADAMS, CITY CLERK of the City of Rancho Cucamonga, California, do hereby
certify that the foregoing Ordinance was introduced at a regular meeting of the Council of the City
ofRancho Cucamonga held on the second day of November, 1994, and was finally passed at a regular
meeting of the City Council of the City ofRancho Cucamonga held on the 16th day of November,
1994.
Executed this 17th day of November, 1994, at Rancho Cucamonga, California.
Debra J. Adam~,~MC, City Clerk