City of Culver City, California
City Council Agenda Item Report
RECOMMENDATION:
Staff recommends that the Culver City City Council (the “Council”) adopt the
Ordinance to amend certain time limits in the Redevelopment Plan for the Culver
City Redevelopment Project.
BACKGROUND/ DISCUSSION:
At the September 6, 2005 the Council introduced Ordinance No. 2005-0 __ an
Ordinance of the City of Culver City, California, amending the Redevelopment Plan
for the Culver City Redevelopment Project Area to extend certain time limits
applicable to the Redevelopment Plan (SB 1096).
The Ordinance is presented to the Council for adoption.
ATTACHMENTS:
1. Ordinance No. 2005-0 __ an Ordinance of the City of Culver City, California,
Amending the Redevelopment Plan for the Culver City Redevelopment Project
Area to Extend Certain Time Limits Applicable to the Redevelopment Plan (SB
1096).
MOTION:
That the Culver City City Council:
Adopt the Ordinance No. 2005-0__ and waive further reading.
Meeting Date: 09/12/2005 Item Number:
AGENDA ITEM: Consideration of Adoption of an Ordinance Amending Certain
Time Limits in the Redevelopment Plan for the Culver City Redevelopment Project
Contact Person/Dept.: Todd Tipton Phone Number: (310) 253-5783
Fiscal Impact: Yes [ ] No [X] General Fund: Yes [ ] No [ ]
Public Hearing: [ ] Action Item: [X] Attachments: [X]
Public Notification:
Taxing Agencies in Component Areas 1, 2 and 3 by mail on August 4, 2005.
Publication in the Culver City News on August 25, 2005. Master Notification List on
September 7, 2005.
Department Approval:
Susan Evans 9/1/05
CAO Approval:
City Controller Approval:
MEETING DATE September 12, 2005
AGENDA ITEM Consideration of Adoption an Ordinance Amending Certain
Time Limits in the Redevelopment Plan for the Culver City
Redevelopment Project
ATTACHMENTS
Pages
1 Draft Ordinance No 2005-0 an Ordinance of the City of Culver City,
California, Amending the Redevelopment Plan for the Culver City
1-9
Redevelopment Project Area to Extend Certain Time Limits Applicable To
The Redevelopment Plan (SB 1096)ORDINANCE NO 2005-
AN ORDINANCE OF THE CITY OF CULVER CITY,
CALIFORNIA, AMENDING THE REDEVELOPMENT PLAN FOR
THE CULVER CITY REDEVELOPMENT PROJECT AREA TO
EXTEND CERTAIN TIME LIMITS APPLICABLE TO THE
REDEVELOPMENT PLAN (SB 1096)
WHEREAS the Slauson-Sepulveda Redevelopment Plan for Project Area
No 1 was adopted and amended by ordinances of the Culver City Council ("City
Council ) on July 26 1971 (Ord No CS-712), June 6, 1977 (Ord No CS-892) and
December 11 1989 (Ord No 89-034), respectively, (the "Amended Project Area No 1
Redevelopment Plan")
WHEREAS the Overland-Jefferson Redevelopment Plan, for Project Area
No 2 was adopted and amended by ordinances of the City Council on December 28,
1971 (Ord No CS-729), and December 27 1994 (Ord No 94-035) (the "Amended
Project Area No 2 Redevelopment Plan '),
WHEREAS the Washington-Culver Redevelopment Plan for Project Area
No 3 was adopted and amended by ordinances of the City Council on November 24
1975 (Ord No CS-862) and December 27, 1994 (Ord No 94-036) (the "Amended
Project Area No 3 Redevelopment Plan"),
WHEREAS, the Amended Project Area No 1 Redevelopment Plan, the
Amended Project Area No 2 Redevelopment Plan and Amended Project Area No 3
Redevelopment Plan (collectively the "Redevelopment Plans") were merged into the
Redevelopment Plan for the renamed Culver City Redevelopment Project by ordinance
of the City Council on November 23, 1998 (Ord No 98-014)(the "Redevelopment Plan"),
WHEREAS, as part of that merger, former Project Area No 1 was designated
as Component Area No 1, former Project Area No 2 was designated as Component|101010101010101010 10
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28Area No 2 and former Project Area No 3 was designated as Component Area No 3 in
the Redevelopment Plan
WHEREAS, a new Component Area No 4 was created and added to the Culver
City Redevelopment Project by ordinance of the City Council on November 23 1998
(Ord No 98-015),
WHEREAS, pursuant to Health and Safety Code Sections 33333 2(a)(2) and
33333 6(a), the Redevelopment Plan contains a time limit for the effectiveness of the
Redevelopment Plan,
WHEREAS, pursuant to Health and Safety Code Section 33333 2 (a)(3) and
33333 6(b), the Redevelopment Plan contains a time limit for the payment of
indebtedness and receipt of property taxes,
WHEREAS, the California State Legislature has enacted SB 1096 making
various amendments to the Community Redevelopment Law (Health and Safety Code
Section 33000 et seq ),
WHEREAS, Health and Safety Code Section 33333 2(d) and 33333 2(d)(4), as
added by SB 1096, provides that when an agency is required pursuant to Health and
Safety Code Section 33681 12 to make a payment to the county auditor for deposit in
the county's Educational Revenue Augmentation Fund, the legislative body of the
agency may amend, by ordinance, the redevelopment plan to extend the time limits
required pursuant to paragraphs 2 and 3 of subdivision (a) of Health and Safety Code
Section 33333 2 by one year for each year in which a payment is made In adopting
the ordinance neither the legislative body nor the agency is required to comply with
Health and Safety Code Section 33354 6, Article 12 (commencing with Health and
Safety Code Section 33450), or any other provision of the Community Redevelopment
Law relating to the amendment of redevelopment plans,
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28WHEREAS Health and Safety Code Section 33333 2 applies only to
redevelopment plans adopted on or after January 1, 1994,
WHEREAS, Component Area No 4 was adopted on or after January 1 1994,
WHEREAS Health and Safety Code Sections 33333 6(e)(2)(D) and
33333 6(e)(3), as added by SB 1096, provide that when an agency is required pursuant
to Health and Safety Code Section 33681 12 to make a payment to the county auditor
for deposit in the county s Educational Revenue Augmentation Fund, the legislative
body of the agency may amend by ordinance, the redevelopment plan to extend the
time limits required pursuant to subdivisions (a) and (b) of Health and Safety Code
Section 33333 6 by one year for each year in which a payment is made In adopting
the ordinance, neither the legislative body nor the agency is required to comply with
Health and Safety Code Section 33354 6, Article 12 (commencing with Health and
Safety Code Section 33450), or any other provision of the Community Redevelopment
Law relating to the amendment of redevelopment plans,
WHEREAS, Health and Safety Code Section 33333 6 applies only to
redevelopment plans adopted on or before December 31, 1993,
WHEREAS, Component Area No 1 Component Area No 2 and Component
Area No 3 were adopted on or before December 31, 1993,
WHEREAS, the Redevelopment Plan contains a time limit for effectiveness for
Component Area No 1 and Component Area No 2 The time limits for effectiveness for
Component Area No 1 and Component Area No 2 are less than ten (10) years from
June 30, 2005 Under Health and Safety Code Section 33333 6 (e)(2)(D)(i1), the
Redevelopment Plan may be amended with respect to the time limits for effectiveness
and the time limits for payment of indebtedness and receipt of property taxes
WHEREAS, the Redevelopment Plan contains a time limit for effectiveness for
Component Area No 3 The time limit for effectiveness for Component Area No 3 is
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28more than ten (10) years but less than twenty (20) years from June 30, 2005 Under
Health and Safety Code Section 33333 6(e)(2)(D)(i1), the Redevelopment Plan may be
amended with respect to the time limit for effectiveness and the time limit for payment
of indebtedness and receipt of property taxes
WHEREAS, Health and Safety Code Sections 33333 2(d) and
33333 6(e)(2)(D) do not apply to any redevelopment plan if the time limits for the
effectiveness of the redevelopment plan established pursuant to Health and Safety
Code Sections 33333 2(a)(2) or 33333 6(a) is more than twenty (20) years after the
last day of the fiscal year in which a payment is made,
WHEREAS, the Redevelopment Plan contains a time limit for effectiveness of
the Redevelopment Plan for Component Area No 4 The time limit for effectiveness for
the Redevelopment Plan for Component Area No 4 is more than twenty (20) years from
June 30, 2005 and therefore, Component Area No 4 is not eligible for the time limits
extensions under Health and Safety Code Section 33333 2 (d),
WHEREAS, the Culver City Redevelopment Agency (the "Agency ) is required to
make payments pursuant to Health and Safety Code Section 33681 12,
WHEREAS, funds used to make payments to Los Angeles County's ((County")
Educational Revenue Augmentation Fund pursuant to Health and Safety Code Section
33681 12 would otherwise have been used to pay the costs of projects and activities
necessary to carry out the goals and objectives of the Redevelopment Plan
WHEREAS, the Agency and the City Council of the City of Culver City desire to
take advantage of the above mentioned provisions of the Health and Safety Code and
adopt an ordinance to extend the time limits on the effectiveness of the Redevelopment
Plan for Component Area No 1 Component Area No 2 and Component Area No 3 and
the time limits for paying indebtedness and receiving property taxes for Component
Area No 1, Component Area No 2 and Component Area No 3, and
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28WHEREAS all legal prerequisites to the adoption of this Ordinance have
occurred
THE CITY COUNCIL OF THE CITY OF CULVER CITY CALIFORNIA DOES
HEREBY ORDAIN AS FOLLOWS
SECTION 1 The City Council hereby finds and determines that all of the
foregoing recitals are true and correct
SECTION 2 The City Council hereby finds and determines with respect
to Component Area No 1, Component Area No 2 and Component Area No 3 for fiscal
year 2004-2005, all of the following
a During 2004-2005 fiscal year, the Agency, prior to May 10, 2005,
remitted an amount for deposit in the County's Educational Revenue Augmentation
Fund pursuant to Health and Safety Code Section 33681 12
b Funds used to make the payment to the County's Educational
Revenue Augmentation Fund pursuant to Health and Safety Code Section 33681 12
would otherwise have been used to pay the costs of projects and activities necessary to
carry out the goals and objectives of the Redevelopment Plan
c The Agency is in compliance with the requirements of Health and
Safety Code Section 33334 2 or 33334 6, as applicable
d The Agency has adopted an implementation plan in accordance
with the requirements of Health and Safety Code Section 33490
e The Agency is in compliance with subdivisions (a) and (b) of
Health and Safety Code Section 33413 to the extent applicable
f The Agency is not subject to sanctions pursuant to subdivision (e)
of Health and Safety Code Section 33334 12 for failure to expend, encumber or
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SECTION 3 The City Council hereby finds and determines with respect to
Component Area No 1, Component Area No 2 and Component Area No 3 for fiscal
year 2005-2006, all of the following
a Agency, prior to May 10, 2006, shall remit an amount for deposit in
the County s Educational Revenue Augmentation Fund pursuant to Health and Safety
Code Section 33481 12 In addition, Agency has sent notice to County of its intent to
remit such amount for deposit in County's Educational Revenue Augmentation Fund In
furtherance of this obligation Agency shall immediately set aside an estimated amount
sufficient to cover the payment to the County Auditor-Controller for deposit in the
County's Educational Revenue Augmentation Fund and shall remit such amount prior
to May 10 2006
b The funds proposed to be set aside and used to make the payment
to the County s Educational Revenue Augmentation Fund pursuant to Health and
Safety Code Section 33681 12 would otherwise have been used to pay the costs of
projects and activities necessary to carry out the goals and objectives of the
Redevelopment Plan
c The Agency is in compliance with the requirements of Health and
Safety Code Section 33334 2 or 33334 6, as applicable
d The Agency has adopted an implementation plan in accordance
with the requirements of Health and Safety Code Section 33490
e The Agency is in compliance with subdivisions (a) and (b) of Health
and Safety Code Section 33413 to the extent applicable
f The Agency is not subject to sanctions pursuant to subdivision (e)
of Health and Safety Code Section 33334 12 for failure to expend encumber, or
disburse an excess surplus
SECTION 4 Amendment of Time Limits Based upon the above findings and
in accordance with Health and Safety Code Sections 33333 6(e)(2)(D) and
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2733333 6(e)(3) and notwithstanding any other provisions in the Redevelopment Plan
the City Council hereby amends the Redevelopment Plan by extending the time limits
for plan effectiveness and payment of indebtedness and receipt of property taxes by
two (2) additional years each for Component Area No 1 Component Area No 2 and
Component Area No 3 only as stated herein by adoption of this Ordinance and
thereby establishes the following limitations
A Component Area No 1
(1) Plan Effectiveness The term of plan effectiveness for Component
Area No 1 shall expire on July 26 2014
(2) Repayment of Indebtedness, Receipt of Property Taxes Subject
to the provisions of paragraphs (g) and (h) of Health and Safety
Code Section 33333 6, no indebtedness shall be repaid from the
division and allocation of taxes to the Agency from Component
Area No 1 beyond July 26, 2024
B Component Area No 2
(1) Plan Effectiveness The term of plan effectiveness for Component
Area No 2 shall expire on December 28 2014
(2) Repayment of Indebtedness, Receipt of Property Taxes Subject
to the provisions of paragraphs (g) and (h) of Health and Safety
Code Section 33333 6, no indebtedness shall be repaid from the
division and allocation of taxes to the Agency from Component
Area No 2 beyond December 28 2024
C Component Area No 3
(1) Plan Effectiveness The term of plan effectiveness for Component
Area No 3 shall expire on November 24, 2018
(2) Repayment of Indebtedness, Receipt of Property Taxes Subject
to the provisions of paragraphs (g) and (h) of Health and Safety
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28Code Section 33333 6, no indebtedness shall be repaid from the
division and allocation of taxes to the Agency from Component
Area No 3 beyond November 24, 2028
SECTION 5 Except as amended herein, the Redevelopment Plan shall
remain in full force and effect according to its terms
SECTION 6 All required proceedings and considerations precedent to
the adoption of this ordinance have been regularly taken in accordance with applicable
law
SECTION 7 The Executive Director of the Agency shall notify the
appropriate public entities of the adoption of this ordinance including all taxing entities
as defined in Health and Safety Code Section 33353 2
SECTION 8 The limitations established by this ordinance shall apply to
the Redevelopment Plan and may only be amended in the manner required and to the
extent permitted by law
SECTION 9 If any section, subsection, subdivision, paragraph, sentence
clause or phrase in this ordinance or any part thereof is for any reason held to be
unconstitutional or invalid or ineffective by any court of competent jurisdiction such
decision shall not affect the validity or effectiveness of the remaining portions of this
ordinance or any part thereof The City Council hereby declares that it would have
passed each section, subsection, subdivision, paragraph, sentence, clause or phrase
thereof irrespective of the fact that any one (1) or more subsections subdivisions,
paragraphs, sentences, clauses or phrases be declared unconstitutional or invalid or
ineffective
SECTION 10 The Mayor of the City shall sign and City Clerk shall attest to
the passage of this ordinance The effective date of this ordinance shall be thirty (30)
days from the date of its adoption and prior to the expiration of fifteen (15) days from
the adoption hereof the City Clerk, pursuant to Section 512 of the City Charter shall
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28cause a summary of this ordinance to be published in Culver City News Additionally
the City Clerk shall post a summary of this Ordinance in at least three (3) public places
within the City pursuant to Section 517 of the City Charter
APPROVED and ADOPTED this
ALBERT M VERA Mayor
City of Culver City, California
ATTEST APPROVED AS TO FORM
AeltitTastr-
CHRISTOPHER ARMENIA, CAROL A SCHWAB
City Clerk City Attorney
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day of 2005MEETING DATE September 12, 2005
AGENDA ITEM Consideration of Adoption an Ordinance Amending Certain
Time Limits in the Redevelopment Plan for the Culver City
Redevelopment Project
ATTACHMENTS
Pages
1 Draft Ordinance No 2005-0 an Ordinance of the City of Culver City,
California, Amending the Redevelopment Plan for the Culver City
1-9
Redevelopment Project Area to Extend Certain Time Limits Applicable To
The Redevelopment Plan (SB 1096)ORDINANCE NO 2005-
AN ORDINANCE OF THE CITY OF CULVER CITY,
CALIFORNIA, AMENDING THE REDEVELOPMENT PLAN FOR
THE CULVER CITY REDEVELOPMENT PROJECT AREA TO
EXTEND CERTAIN TIME LIMITS APPLICABLE TO THE
REDEVELOPMENT PLAN (SB 1096)
WHEREAS the Slauson-Sepulveda Redevelopment Plan for Project Area
No 1 was adopted and amended by ordinances of the Culver City Council ("City
Council ) on July 26 1971 (Ord No CS-712), June 6, 1977 (Ord No CS-892) and
December 11 1989 (Ord No 89-034), respectively, (the "Amended Project Area No 1
Redevelopment Plan")
WHEREAS the Overland-Jefferson Redevelopment Plan, for Project Area
No 2 was adopted and amended by ordinances of the City Council on December 28,
1971 (Ord No CS-729), and December 27 1994 (Ord No 94-035) (the "Amended
Project Area No 2 Redevelopment Plan '),
WHEREAS the Washington-Culver Redevelopment Plan for Project Area
No 3 was adopted and amended by ordinances of the City Council on November 24
1975 (Ord No CS-862) and December 27, 1994 (Ord No 94-036) (the "Amended
Project Area No 3 Redevelopment Plan"),
WHEREAS, the Amended Project Area No 1 Redevelopment Plan, the
Amended Project Area No 2 Redevelopment Plan and Amended Project Area No 3
Redevelopment Plan (collectively the "Redevelopment Plans") were merged into the
Redevelopment Plan for the renamed Culver City Redevelopment Project by ordinance
of the City Council on November 23, 1998 (Ord No 98-014)(the "Redevelopment Plan"),
WHEREAS, as part of that merger, former Project Area No 1 was designated
as Component Area No 1, former Project Area No 2 was designated as Component|101010101010101010 10
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28Area No 2 and former Project Area No 3 was designated as Component Area No 3 in
the Redevelopment Plan
WHEREAS, a new Component Area No 4 was created and added to the Culver
City Redevelopment Project by ordinance of the City Council on November 23 1998
(Ord No 98-015),
WHEREAS, pursuant to Health and Safety Code Sections 33333 2(a)(2) and
33333 6(a), the Redevelopment Plan contains a time limit for the effectiveness of the
Redevelopment Plan,
WHEREAS, pursuant to Health and Safety Code Section 33333 2 (a)(3) and
33333 6(b), the Redevelopment Plan contains a time limit for the payment of
indebtedness and receipt of property taxes,
WHEREAS, the California State Legislature has enacted SB 1096 making
various amendments to the Community Redevelopment Law (Health and Safety Code
Section 33000 et seq ),
WHEREAS, Health and Safety Code Section 33333 2(d) and 33333 2(d)(4), as
added by SB 1096, provides that when an agency is required pursuant to Health and
Safety Code Section 33681 12 to make a payment to the county auditor for deposit in
the county's Educational Revenue Augmentation Fund, the legislative body of the
agency may amend, by ordinance, the redevelopment plan to extend the time limits
required pursuant to paragraphs 2 and 3 of subdivision (a) of Health and Safety Code
Section 33333 2 by one year for each year in which a payment is made In adopting
the ordinance neither the legislative body nor the agency is required to comply with
Health and Safety Code Section 33354 6, Article 12 (commencing with Health and
Safety Code Section 33450), or any other provision of the Community Redevelopment
Law relating to the amendment of redevelopment plans,
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28WHEREAS Health and Safety Code Section 33333 2 applies only to
redevelopment plans adopted on or after January 1, 1994,
WHEREAS, Component Area No 4 was adopted on or after January 1 1994,
WHEREAS Health and Safety Code Sections 33333 6(e)(2)(D) and
33333 6(e)(3), as added by SB 1096, provide that when an agency is required pursuant
to Health and Safety Code Section 33681 12 to make a payment to the county auditor
for deposit in the county s Educational Revenue Augmentation Fund, the legislative
body of the agency may amend by ordinance, the redevelopment plan to extend the
time limits required pursuant to subdivisions (a) and (b) of Health and Safety Code
Section 33333 6 by one year for each year in which a payment is made In adopting
the ordinance, neither the legislative body nor the agency is required to comply with
Health and Safety Code Section 33354 6, Article 12 (commencing with Health and
Safety Code Section 33450), or any other provision of the Community Redevelopment
Law relating to the amendment of redevelopment plans,
WHEREAS, Health and Safety Code Section 33333 6 applies only to
redevelopment plans adopted on or before December 31, 1993,
WHEREAS, Component Area No 1 Component Area No 2 and Component
Area No 3 were adopted on or before December 31, 1993,
WHEREAS, the Redevelopment Plan contains a time limit for effectiveness for
Component Area No 1 and Component Area No 2 The time limits for effectiveness for
Component Area No 1 and Component Area No 2 are less than ten (10) years from
June 30, 2005 Under Health and Safety Code Section 33333 6 (e)(2)(D)(i1), the
Redevelopment Plan may be amended with respect to the time limits for effectiveness
and the time limits for payment of indebtedness and receipt of property taxes
WHEREAS, the Redevelopment Plan contains a time limit for effectiveness for
Component Area No 3 The time limit for effectiveness for Component Area No 3 is
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28more than ten (10) years but less than twenty (20) years from June 30, 2005 Under
Health and Safety Code Section 33333 6(e)(2)(D)(i1), the Redevelopment Plan may be
amended with respect to the time limit for effectiveness and the time limit for payment
of indebtedness and receipt of property taxes
WHEREAS, Health and Safety Code Sections 33333 2(d) and
33333 6(e)(2)(D) do not apply to any redevelopment plan if the time limits for the
effectiveness of the redevelopment plan established pursuant to Health and Safety
Code Sections 33333 2(a)(2) or 33333 6(a) is more than twenty (20) years after the
last day of the fiscal year in which a payment is made,
WHEREAS, the Redevelopment Plan contains a time limit for effectiveness of
the Redevelopment Plan for Component Area No 4 The time limit for effectiveness for
the Redevelopment Plan for Component Area No 4 is more than twenty (20) years from
June 30, 2005 and therefore, Component Area No 4 is not eligible for the time limits
extensions under Health and Safety Code Section 33333 2 (d),
WHEREAS, the Culver City Redevelopment Agency (the "Agency ) is required to
make payments pursuant to Health and Safety Code Section 33681 12,
WHEREAS, funds used to make payments to Los Angeles County's ((County")
Educational Revenue Augmentation Fund pursuant to Health and Safety Code Section
33681 12 would otherwise have been used to pay the costs of projects and activities
necessary to carry out the goals and objectives of the Redevelopment Plan
WHEREAS, the Agency and the City Council of the City of Culver City desire to
take advantage of the above mentioned provisions of the Health and Safety Code and
adopt an ordinance to extend the time limits on the effectiveness of the Redevelopment
Plan for Component Area No 1 Component Area No 2 and Component Area No 3 and
the time limits for paying indebtedness and receiving property taxes for Component
Area No 1, Component Area No 2 and Component Area No 3, and
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28WHEREAS all legal prerequisites to the adoption of this Ordinance have
occurred
THE CITY COUNCIL OF THE CITY OF CULVER CITY CALIFORNIA DOES
HEREBY ORDAIN AS FOLLOWS
SECTION 1 The City Council hereby finds and determines that all of the
foregoing recitals are true and correct
SECTION 2 The City Council hereby finds and determines with respect
to Component Area No 1, Component Area No 2 and Component Area No 3 for fiscal
year 2004-2005, all of the following
a During 2004-2005 fiscal year, the Agency, prior to May 10, 2005,
remitted an amount for deposit in the County's Educational Revenue Augmentation
Fund pursuant to Health and Safety Code Section 33681 12
b Funds used to make the payment to the County's Educational
Revenue Augmentation Fund pursuant to Health and Safety Code Section 33681 12
would otherwise have been used to pay the costs of projects and activities necessary to
carry out the goals and objectives of the Redevelopment Plan
c The Agency is in compliance with the requirements of Health and
Safety Code Section 33334 2 or 33334 6, as applicable
d The Agency has adopted an implementation plan in accordance
with the requirements of Health and Safety Code Section 33490
e The Agency is in compliance with subdivisions (a) and (b) of
Health and Safety Code Section 33413 to the extent applicable
f The Agency is not subject to sanctions pursuant to subdivision (e)
of Health and Safety Code Section 33334 12 for failure to expend, encumber or
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SECTION 3 The City Council hereby finds and determines with respect to
Component Area No 1, Component Area No 2 and Component Area No 3 for fiscal
year 2005-2006, all of the following
a Agency, prior to May 10, 2006, shall remit an amount for deposit in
the County s Educational Revenue Augmentation Fund pursuant to Health and Safety
Code Section 33481 12 In addition, Agency has sent notice to County of its intent to
remit such amount for deposit in County's Educational Revenue Augmentation Fund In
furtherance of this obligation Agency shall immediately set aside an estimated amount
sufficient to cover the payment to the County Auditor-Controller for deposit in the
County's Educational Revenue Augmentation Fund and shall remit such amount prior
to May 10 2006
b The funds proposed to be set aside and used to make the payment
to the County s Educational Revenue Augmentation Fund pursuant to Health and
Safety Code Section 33681 12 would otherwise have been used to pay the costs of
projects and activities necessary to carry out the goals and objectives of the
Redevelopment Plan
c The Agency is in compliance with the requirements of Health and
Safety Code Section 33334 2 or 33334 6, as applicable
d The Agency has adopted an implementation plan in accordance
with the requirements of Health and Safety Code Section 33490
e The Agency is in compliance with subdivisions (a) and (b) of Health
and Safety Code Section 33413 to the extent applicable
f The Agency is not subject to sanctions pursuant to subdivision (e)
of Health and Safety Code Section 33334 12 for failure to expend encumber, or
disburse an excess surplus
SECTION 4 Amendment of Time Limits Based upon the above findings and
in accordance with Health and Safety Code Sections 33333 6(e)(2)(D) and
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2733333 6(e)(3) and notwithstanding any other provisions in the Redevelopment Plan
the City Council hereby amends the Redevelopment Plan by extending the time limits
for plan effectiveness and payment of indebtedness and receipt of property taxes by
two (2) additional years each for Component Area No 1 Component Area No 2 and
Component Area No 3 only as stated herein by adoption of this Ordinance and
thereby establishes the following limitations
A Component Area No 1
(1) Plan Effectiveness The term of plan effectiveness for Component
Area No 1 shall expire on July 26 2014
(2) Repayment of Indebtedness, Receipt of Property Taxes Subject
to the provisions of paragraphs (g) and (h) of Health and Safety
Code Section 33333 6, no indebtedness shall be repaid from the
division and allocation of taxes to the Agency from Component
Area No 1 beyond July 26, 2024
B Component Area No 2
(1) Plan Effectiveness The term of plan effectiveness for Component
Area No 2 shall expire on December 28 2014
(2) Repayment of Indebtedness, Receipt of Property Taxes Subject
to the provisions of paragraphs (g) and (h) of Health and Safety
Code Section 33333 6, no indebtedness shall be repaid from the
division and allocation of taxes to the Agency from Component
Area No 2 beyond December 28 2024
C Component Area No 3
(1) Plan Effectiveness The term of plan effectiveness for Component
Area No 3 shall expire on November 24, 2018
(2) Repayment of Indebtedness, Receipt of Property Taxes Subject
to the provisions of paragraphs (g) and (h) of Health and Safety
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28Code Section 33333 6, no indebtedness shall be repaid from the
division and allocation of taxes to the Agency from Component
Area No 3 beyond November 24, 2028
SECTION 5 Except as amended herein, the Redevelopment Plan shall
remain in full force and effect according to its terms
SECTION 6 All required proceedings and considerations precedent to
the adoption of this ordinance have been regularly taken in accordance with applicable
law
SECTION 7 The Executive Director of the Agency shall notify the
appropriate public entities of the adoption of this ordinance including all taxing entities
as defined in Health and Safety Code Section 33353 2
SECTION 8 The limitations established by this ordinance shall apply to
the Redevelopment Plan and may only be amended in the manner required and to the
extent permitted by law
SECTION 9 If any section, subsection, subdivision, paragraph, sentence
clause or phrase in this ordinance or any part thereof is for any reason held to be
unconstitutional or invalid or ineffective by any court of competent jurisdiction such
decision shall not affect the validity or effectiveness of the remaining portions of this
ordinance or any part thereof The City Council hereby declares that it would have
passed each section, subsection, subdivision, paragraph, sentence, clause or phrase
thereof irrespective of the fact that any one (1) or more subsections subdivisions,
paragraphs, sentences, clauses or phrases be declared unconstitutional or invalid or
ineffective
SECTION 10 The Mayor of the City shall sign and City Clerk shall attest to
the passage of this ordinance The effective date of this ordinance shall be thirty (30)
days from the date of its adoption and prior to the expiration of fifteen (15) days from
the adoption hereof the City Clerk, pursuant to Section 512 of the City Charter shall
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28cause a summary of this ordinance to be published in Culver City News Additionally
the City Clerk shall post a summary of this Ordinance in at least three (3) public places
within the City pursuant to Section 517 of the City Charter
APPROVED and ADOPTED this
ALBERT M VERA Mayor
City of Culver City, California
ATTEST APPROVED AS TO FORM
AeltitTastr-
CHRISTOPHER ARMENIA, CAROL A SCHWAB
City Clerk City Attorney
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day of 2005