SR-6-B (53)
. . 68
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. . NOV 2 9 199"
JPM:JA:Ordlnance2(mac)
Clty Councll MeetlngNovember 29,1994 Santa Monica, Callfornia
TO: Mayor and C~ty Councll
FROM: Clty Staff
SUBJECT: Ordinances amendlng the Redevelopment Plans for the
Ocean Park 1 (a) , Ocean Park l(b) and Downtown
Redevelopment ProJects, and establlsh1ng certaln
l~mltatlons for the Redevelopment Plans pursuant to the
Communlty Redevelopment Law Reform Act of 1993 (Assembly
Blll 1290).
At its meetlng on November 22, 1994, the Clty Councll lntroduced
for first readlng ordlnances amendlng the Redevelopment plans for
the Ocean Park l(a}, Ocean Park l(b) and Downtown Redevelopment
Projects, and establlshlng certain llmltatlons for the
Redevelopment Plans pursuant to the Communlty Redevelopment Law
Reform Act of 1993 (Assembly Blll 1290). The ordlnances are now
presented to the Clty Councll for adoptlon.
RECOMMENDATION
It is respectfully recommended that the accompanYlng ordlnances be
adopted.
PREPARED BY;
Jeffrey P. Mathieu, Dlrector of Resource Management
Judy Anderson, Administrat1ve SerVlces Offlcer
NOV 2 9 1994
68
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RM.JPM:OP1A(mac)
City Couneil Meet~ng November 29, 1994 Santa Monica, California
ORDINANCE NUMBER 1778
(City Council Series)
AN ORDINANCE OF THE CITY OF SANTA MONICA, CALIFORNIA, AMENDING
THE REDEVELOPMENT PLAN FOR THE OCEAN PARK REDEVELOPMENT PROJECT
1 (A) , AND ESTABLISHING CERTAIN LIMITATIONS FOR THE REDEVELOPMENT
PLAN PURSUANT TO THE COl""..MUNITY REDEVELOPMENT LAW REFORM ACT OF
1993 (ASSEMBLY BI~L 1290)
WHEREAS, the Redevelopment Plan for the Ocean Park Redevelopment
Project 1 (a) was approved and adopted by the City Council of the City of
Santa Monica on June 30, 1960, by Ordinance No 497 ; and
WHEREAS, in 1993 the Callfornia State Legislature enacted the
Community Redevelopmen~ Reform Ae~ of 1993 (AB12 90) , making various
amendments to the Community Redevelopment Law (Heal~h and Safety Code
Section 33000, .e.t. seq.), which became effeetive on January 1, 1994; and
WHEREAS, Health and Safety Code Seetion 33333.6 expressly requires
eaeh redevelopment plan adopted prior to December 31, 1993, to contain
certain restrictions and Ilmitations, which must be imposed prior to
December 31, 1994; anQ
WHEREAS, Health and Safety Code Section 33333.6 expressly provides
that such restr~ctions and limitations be imposed by way of ordinance
and shall be deemed to const~tute an aroendment of the redevelopment plan
without the necessity of compliance with Health and Safety Code Section
33450 or any other provision of the COMmunity Redevelopment Law relating
::'0 amendment;
NOW, THEREFORE, the City Council of the City of Santa Monica does
.
,
.
ordain as follows:
Section 1. In accordance wlth the requirements of the Community
Redevelopment Law Reform Act of ::.. 993, and notwithstanding any o~her
provision in the ~edevelopment Plan for the Ocean Park Redevelopment
Project 1 (a) , the Ci~y Council hereby establishes the following
limitations for the Ocean Park Redevelopment Project l(a), subject to
all of the provisions of this Ordlnance and further subject to Health
and Safety Code Seetion 33333 6 (g) and (h) :
A. In accordance with 3ealth and Safety Code Section 33333.6(a),
:.he time for establishing loans, advances and indebtedness to be paid
with the proceeds of property taxes reeeived pursuant ~o Health and
Safety Code Section 33670, to finance in whole, or in part, the Ocean
Park Redevelopment ?rojeet 1 (a) , shall not exceed January 1, 2004. This
limit, however, shall not 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 obligatlons under Health
and Safety Code Section 33413. This limit shall not prevent the Agency
from refinancing, refunding, or restructurlng indebtedness after the
time limit if the indebtedness is root increased and the ~ime during
which the indebtedness is to be repaid does not exceed the date on which
the indebtedness would have been paid. This time limit may be extended
only by amendment of the Redevelopment Plan for the Ocean Park
Redevelopment Project 1 (a) , after the Agency makes the findings required
by subdivisions (a) (2) (A) and (a) (2) (B) of Health and Safety Code
Section 33333 6 . However, this amended time limit may not exceed
January 1, 2014.
.
.
B. In accordance with Healtr. and Safety Code Sect~on 33333.6(b)
the effectiveness of the Redevelopment Plan for the Ocean ?ark
Redevelopment Project 1 (a} shall ter7Linace January 1 2009; after which
....., time the Agency shall have no authorlty to act pursuant to the
Redevelopment Plan for the Ocean Park Redevelopment Pro~ect 1 (a} except
to pay previously incurred indebcedness and to enforce eXlsting
covenants, contracts or other obligations.
C. In aceordance with Health and Safety Code Sectlon 33333.6 (c) ,
except as provided in subdivislons ( g) and (h) of Health and Safety
Code SeC~lon 33333.6, the Agency shall not pay indebtedness or receive
property taxes pursuant to Health and Safety Code Section 33670 after
January 1, 2019, for the purposes of the Ocean Park Redevelopment
Project 1 (a) .
Section 2. The limitations established in this Ordinance shall
apply to the Redevelopment Plan for the Ocean Park Redevelopment Project
1 (a) and may only be amended ln the manner required and to the extent
permitted by law.
Section 3. Any provision of the Santa Monica Municipal Code or
appendices thereto inconsistent Ni~h the provisions of this Ordinance,
to the extent of such inconSlstencies and no further, are hereby
repealed or modified to that extent necessary to affect the provisions
of this Ordinance.
Section 4. If any section, subsection, sentenee, elause, or
phrase of this Ordinance is for any reason held to be invalid or
unconstltutional by a decision of any court of any competent
.
jurisdiction, such decision shall not affect the validity of the
remaining portions of ~his Ordinance. ~he City Council hereby declares
"that it would have passed t.h~s Ordinance, and each and every section,
subsectlon, sentence, clause, or phrase not declared invalid or
unconstitutional without regard to whether any portion of the Ordinance
would be subsequently declared i~valid or unconstitutional.
Section 5. The Mayor shall sign and the City Clerk shall attest
to the passage of thlS Ordinance The City Clerk shall eause the same
to be published once ~n the offieial newspaper within 15 days after its
adopt:Lon. This Ordi~ance shall beeome effective after 30 days from its
adoption.
APPROVED AS TO FORM:
"-
<1';vu~{~ !'h~ hL~\'L f-r'--<~-i
J
MARSHA JONES MOUTRIE
City Attorney
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.
q tff~
t!yor
State of Cahforrua )
County of Los Angeles ) 55
CIty of Santa Moruca )
I, ClarIce E. Dykhouse. CIty Clerk of the CIty of Santa Moruca. do hereby certIfy that the
foregOIng OrdInance No 1778 (CCS) had Its fIrst readIng on November 22, 1994 and had
Its second readmg on November 29, 1994 and was passed by the followmg vote'
Ayes: CouncIlmembers Abdo. Genser, Greenberg. Holbrook. Olsen, Rosenstem,
Vazquez
Noes CouncIlmembers None
AbstaIn . CouncIlmembers None
Absent Councllmembers None
ATTEST
.~f/1~
c...;- I '
City Clerk
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RM:JPM:OP1B(mac)
City Council Meeting November 29, 1994 Santa Monica, California
ORDINANCE NUMBER 1779
(City Council Series)
AN ORDINANCE OF THE CITY OF SANTA MONICA, CALIFORNIA,
AMENDING THE REDEVELOPMENT PLAN FOR THE OCEAN PARK
REDEVELOPMENT PROJECT l(B), AND ESTABLISHING CERTAIN
LIMITATIONS FOR THE REDEVELOPMENT PLAN PURSUANT TO THE
COMMUNITY REDEVELOPMENT LAW REFORM ACT OF 1993 (ASSEMBLY
BILL 1290)
WHEREAS, the Redevelopment Plan for the Ocean Park Redevelopment
Project 1 (b) was approved and adopted by ~he City Council of the City of
Santa Monica on January 17, 1961, by Ordinance No. 516, hereinafter
referred to as the "Orlginal projeet Area", and
WHEREAS, the Redevelopment Plan for ~he Ocean Park Redevelopment
Project 1 (b) was amended by Ordinance of the City Council of the City of
Santa Monica, November, 1964, to, among other things, expand the
boundaries of the Original Project Area, herelnafter referred to as the
"Added Territory".
WHEREAS, in 1993 the California State Legislature enacted the
Community Redevelopment Reform Act of 1993 (AB1290), making various
amendments to the Community Redevelopment Law (Health and Safety Code
Section 33000, ~ seq.), which became effective on January 1, 1994; and
WHEREAS, Health and Safety Code Seetion 33333.6 expressly requires
each redevelopment plan adopted prior to December 31, 1993, to contain
certain restrictions and limitations, which must be imposed prior to
December 31, 1994; and
WHEREAS, Health and Safety Code Section 33333.6 expressly provides that
,
.
such restrictions and limitations be imposed by way of ordinance and
shall be deemed to constitute an amendment of the redevelopment plan
without the necessity of compliance with Health and Safety Code Section
33450 or any other provision of the Community Redevelopment Law relating
to amendment;
NOW, THEREFORE , the City Council of the City of Santa Monica
does ordain as follows:
Section 1. In accordance with the requirements of the Community
Redevelopment Law Reform Act of 1993, and notw1thstanding any other
provlsion in the Redevelopment ?lan for the Ocean Park Redevelopment
Project 1 (b) , the City Council r.ereby establishes the following
limitations for the Ocean Park Redevelopment Project 1 (b) , Original
Project Area, subject to all of the provisions of this Ordinance and
further subject to Health and Safety Code Section 33333.6(g) and (h) .
A. In accordance with Health and Safety Code Seetion 33333.6 (a) ,
:.he time for establishing loans, advances and ~ndebtedness to be paid
with the proceeds of property taxes received pursuant to Health and
Safety Code Section 33670, to finance in whole, or in part, the Ocean
Park Redevelopment Project l (b) , Original Project Area, shall not exceed
Jan uary 1, 2004. This limit, however, shall not prevent the Agency from
incurring debt ~o be paid from the Low and Moderate Income Housing Fund
or establishing more debt in order to fulfill the Ageney's housing
obligat1ons under Health and Safety Code Section 33413. This limit
shall not prevent the Ageney from refinancing, re funding, or
restrueturing i~debtedness after the time limit if the indebtedness is
not increased and the time during which the indebtedness is to be repaid
does not exceed the date on which the indebtedness would have been paid.
This time limit may be extended only by amendment of the Redevelopment
Plan for the Ocean Park Redevelopment Project 1 (b) , after the Agency
makes the findings required subdivisions (a) (2) (A) and (a) (2) (B) of
Health and Safety Code Section 33333.6. However, this amended time
limit may not exceed January ~, 2014.
B. In accordance with Health and Safety Code Section 33333.6(b),
the effectiveness of the Redevelopment Plan for the Ocean Park
Redevelopment Project 1 (b) , Original Project Area, shall terminate
January 1, 2009; after which time the Agency shall have no authority to
aet pursuant to the Redevelopment ?lan for the Ocean Park Redevelopment
Project 1 (b) , exeept to pay previously incurred indebtedness and to
enforce existing covenants, contracts or other obligations.
C. In accordance with Health and Safety Code Section 33333.6(c),
except as provided in subdivisions (g) and ( h) of Health and Safety Code
Section 33333.6, the Agency shall not pay indebtedness or receive
property taxes pursuant to Health and Safety Code Section 33670 after
January 1, 2019, for the purposes of the Ocean Park Redevelopment
Project 1 (b) , Original Project Area.
Section 2. In accordance with the requirements of the
Community Redevelopment Law Reform Act of 1993, and notwithstanding any
other provision in the Redevelopment Plan for the Ocean Park
Redevelopment Project l(b), with respect to the Added Territory, the
City Council hereby establishes the following limitations for the Ocean
Park Redevelopment Project 1 (b) , subject to all of the provisions of
this Ordinance and further subjeet to Health and Safety Code Section
33333.6(g) and (h) .
A. =n accordance with Health and Safety Code Section 33333.6(a),
the time =or establishing loans, advances and indebtedness to be paid
with the proceeds of property taxes received pursuant to Health and
Safety Code Section 33670, to finance in whole, or in part, the Ocean
Park Redevelopment Project 1 (b) , with respect to the Added Territory,
shall not exceed January 1, 2004. This limit, :lowever, shall not
prevent the Agency f~om incurring debt to be paid from the Low and
Moderate Income Housing Fund or establishlng more debt in order to
fulfill the Agency's housing obl1gatlons under Health and Safety Code
Section 33413. This limit shall not prevent the Agency from
refinancing, refunding, or restructuring 1ndebtedness after the time
limit if the 1ndebtedness 1S not increased and the time during which the
indebtedness is to be repaid does not exceed the date on which the
indebtedness would have been paid.
This time limit may be extended only by amendment of the
Redevelopment Plan for the Ocean Park Redevelopment Project 1 (b) , after
the Agency makes the findings required subdivisions (a) (2) (A) and
(a) (2) (B) of Health and Safety Code Section 33333.6. However, this
amended time limit may not exceed January 1, 2014.
B. In accordance with Health and Safety Code Section 33333.6(b)
the effectiveness of the Redevelopment Plan for the Ocean Park
Redevelopment Project 1 (b) with respect to the Added Territory, shall
terminate January 1, 2009; after whieh time the Agency shall have no
authority to act pursuant to the Redevelopment Plan for the Ocean Park
Redevelopment Project 1 (b) except to pay previously incurred
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indebtedness and to enforce existing covenants, contracts or other
obligations.
C. In accordance with Health and Safety Code Section 33333 6 (e)
except as provided in subdivisions ( g) and ( h) of Health and Safety Code
Section 33333.6, the payment of indebtedness or receipt of property
taxes pursuant to Health and Safety Code Section 33670 after January 1,
2019, for the purposes of the Ocean Park Redevelopment Project 1 (b) ,
with respect to the Added Territory, i,s prohibited.
Section 3 The I1mitations established in this Ordinanee shall
apply to the aedevelopment Plan for the Ocean Park Redevelopment Project
1 (b) and may only be amended in the manner requlred and to the extent
permitted by law.
Section 4 . Any provision of the Santa Monlea Municlpal Code or
appendices thereto inconsistent with the provisions of this Ordinance,
to the extent of such inconsistencies and no further, are hereby
repealed or modified to that extent neeessary to affect the provisions
of this Ordinance.
Section 5. If any section, subseetion, sentence, clause, or
phrase of this Ordinance is for any reason held ~o be invalid or
unconstitutional by a deelsion of any court of any competent
jurisdiction, such decision shall not affect the validity of the
remaining portions of this Ordinance. The City Council hereby declares
that it would have passed this Ordinance, and each and every section,
subsection, sentence, clause, or phrase not dee1ared invalid or
unconstitutional without regard to whether any portion of the Ordinance
would be subsequently declared invalid or unconstitutional.
Section 6. The Mayor shall sign and the City Clerk shall attest
to ~he passage of this Ordinance. The City Clerk shall eause the same
to be published once in the official newspaper within 15 days after its
adoption. This Ordinanee shall beeome effective after 30 days from its
adoption.
APPROVED AS TO FORM:
.,
(1. .- -'"f V
; ~u..L ~ l( ~:j~~ Lt..,d..-L fc~
MARSHA JONES MOUTRIE
City Attorney
.
~ .
Jf ;/~
Mayor
State of CalIforrna )
County of Los Angeles ) ss
CIty of Santa Moruca )
I. Clance E Dykhouse, City Clerk of the CIty of Santa Moruca. do hereby certIfy that the
foregomg Ordmance No 1779 (CCS) had Its fIrst readmg on November 22, 1994 and had
Its second readmg on November 29, 1994 and was passed by the followmg vote
Ayes Councllmembers' Abdo, Genser, Greenberg. Holbrook, Olsen, Rosenstem,
Vazquez
Noes Councllmembers None
Abstam: Councllmembers None
Absent Councllmembers None
ATTEST
/k f f1j/~
c-- - . - !'-
CIty Clerk
^
.
.
RM:JPM:downtown(mac)
City Council Meeting Kovember 29, 1994 Santa Monica,California
ORDINANCE NUMBER l780
(City Council Series)
AN ORDINANCE OF ~HE CITY OF SANTA MONICA, CALIFORNIA, AMENDING
~HE REDEVELOPMENT PLAN FOR THE DOWNTOWN REDEVELOPMENT PROJECT,
AND ESTABLISHING CERTAIN LI~ITATIONS FOR THE REDEVELOPMENT PLAN
PURSUANT TO THE COMMUNITY REDEVELOPMENT LAW REFORM ACT OF 1993
(ASSEMBLY BILL :290)
WHEREAS, the Redevelopment Plan for the Downtown Redevelopment
?~oject was approved and adopted by the C~ty Counc~l of the City of
Santa Monica on January 13, 1976, by O:::-dinanee No 1021 ; and
WHEREAS, in 1993 the Californla State Legislature enacted the
Commun1ty Redevelopment Reform Act of 1993 (AB12 90) , making various
amendments to the Community Redevelopment Law (~ealth and Safety Code
Section 33000, .at. seq.), which became effective on January 1, 1994;
and
WHEREAS, Health and Safety Code Section 33333.6 expressly requires
each redevelopment plan adopted prior to Deeember 31, :. 9 93, to contain
eertain restrictions and limitations, which must be imposed prior to
December 31, 1994; and
WHEREAS, Health and Safety Code Section 33333.6 expressly provides
that such restrictions and limitations be imposed by way of ordinance
and shall be deemed to constitute an amendment of the redevelopment plan
without the necessity of eompllance with Health and Safety Code Section
33450 or any other provision of the Community Redevelop~ent Law relating
to amend"llent;
A
.
>
NOW, THEREFORE , ::.he City Council of the City of Santa Monica
does orda1n as follows:
Section - . In accordanee with t~e requirements of -r.he Community
~edevelopment Law Reform Act of 1993, and notwi~hstandi~g any other
provision in the Redevelopment Plan for the Downtown Redevelopment
Project, the City Council hereby establishes the following limitations
for the Downtown Redevelopment proJeet, subject to all of the provisions
of this Ordinance and further subject to Health and Safety Code Section
33333.6(g) and (h) :
A. In aecordance with Health and Safety Code Sect~on 33333 6(a),
the time for establishing loans, advances and indebtedness to be paid
with the proceeds of property taxes received pursuant to Health and
Safety Code Section 33670, to f:..nanee in whole, or in part, the Downtown
Redevelopment Project, shall not exceed January 1, 2004. -::'his limit,
however, shall not prevent the Agency from incurring debt to be paid
from the Low and Moderate Income ~ousing Fund or establishing more debt
::":1 order to fulf~ll the Agency's r.ousing Obligations under Health and
Safety Code Section 33413. Th1s limit shall ~ot prevent the Agency from
refinancing, refunding, or restructur1ng indebtedness after the time
limit if the indebtedness is not inereased and the time during which the
indebtedness is to be repaid does not exceed the date O~ which the
indebtedness would have been paid. This time limit may be extended only
by amendment of the Redevelopment Plan for the Downtown Redevelopment
Project, after the Agency makes the findings required subdivisions
(a) (2) (A) and (a) (2) (3) of Health and Safety Code Seetion 33333.6.
However, this amended time limit may not exceed January ~, 2014.
.
.
B. In aecordance with Heal~h and Safety Code Section 33333.6(b},
the effectiveness of the Redevelopment Plan for the Down~own
Redevelopment Project, shall terminat:e January 1, 2016; after which time
~he Agency shall have no authority to act pursuant to t~e Redevelopment
Plan for the Downtown Redevelopment Project, exeept to pay previously
incurred indebtedness and to enforce existing covenants, contracts or
other obligatlons.
C. In accordance with Health and Safety Code Sect~on 33333.6(c),
except as provided in subdivisions (g) and (h) of Health and Safety
Code Section 33333 6, the Agency shall not pay indebtedness or receive
property taxes pursuant to Health and Safety Code Section 33670 after
.January 13, 2026, for the purposes of the Downtown Redevelopment
Project.
Section 2. The limitations established in this Ordinance shall
apply to the Redevelopment Plan for the Downtown Redevelopment projeet
and may only be amended in the manner required and to the extent
per~itted by law
Section 3. Any provision of the Santa Monica Municipal Code or
appendices thereto inconsistent with the provisions of this Ordinance,
to the extent of such inconsistencies and no further, are hereby
repealed or modified to that extent necessary to affect the provis1ons
of this Ordinance.
Section 4. If any section, subsection, sentence, clause, or
phrase of this Ordinance is for any reason held to be invalid or
unconstitutlonal by a decision of any court of any competent
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.
jurisdiction, such decision shall not affect the validity of the
remaining portions of this Ordinanee. The City Counell hereby declares
that it would have passed this O~dl~anee, and each and every section,
subsection, sentence, clause, or phrase not declared invalid or
unconstitutional without regard to whether any portion of the Ordinance
would be subsequently declared invalid or unconstitu~ional.
Sectlon 5. The Mayor shall sign and the City Clerk shall attest to
the passage of thlS Ordinance. The City Clerk shall cause the same to
be published once in the official newspaper within 15 days after its
adoption. This Ordihanee shall become effeetive after 30 days from its
adoption.
APPROVED AS TO FORM:
'"\ '\
hI ,;, ~ I: ..1 /~I L
..' ~~ .a l.A....--J".. ~ 1.1 :~'-' i:.-c-r
J
M~RSHA JONES MOUTRIE
City Attorney
.
.
.
q py(
f/1
Mayor
State of Cahforma )
County of Los Angeles ) ss
Cuy of Santa MOllica )
I, Clance E Dykhouse, CIty Clerk of the CIty of Santa Maruca. do hereby certIfy that the
foregomg Ordmance No 1780 (CCS) had Its first readmg on November 22. 1994 and had
Its second readmg on November 29, 1994 and was passed by the followmg vote
Ayes Councllmembers Abdo. Genser. Greenberg, Holbrook. Olsen. Rosenstem.
Vazquez
Noes Councllmembers None
Abstam' CouncIlmembers None
Absent CouncIlmembers. None
ATTEST
~.. c~4H,,/fJ;~
CIty Clerk
~
. ' .
PROOF OF PUBLICATION This space IS for the County Clerk's F,ling Stamp
(2015.5 C.C. P,)
..,.~>-:' .- ~ <-;-~ onK
,... "\:~ . _ oc'"~;>O ~
l~~~ CC'.~>:.:~ .r~) AVE
; ~ \ r~.:~ ~,,1/: i~ .c~ \1 CA
STATE OF CALIFORNIA
County of Los Angeles,
I am a cItIzen of the UnIted States and a
resIdent of the County aforesa Id, I am over
the age of eighteen years, and nof a party to Proof of Publication of
or Interested In the above-entitled matter I
am the principal clerk of the printer of the ................. .............................. ..........................
................. ..... ................. ............... ...... .. . .. ...... .. ...... -.. ... ....... - -.. .. .. .. - - - - ~
THE OUTLOOK EO 12-43
.................. ---- .......... .... ... ..... .. . .. ORDINANCE NUMBER 1778
a newspaper of general cIrculation, printed (CIty Council SerIes)
AN" ORDINANCE OF THE CITY OF SANTA MONICA,
and published .l).~)JtX. ~~Qt:J?J: .!?~~.QAX. CALIFORNIA, AMENDING THE REDEVELOPMENT PLAN
FOR THE OCEAN PARK REDEVELOPMENT PROJECT
I(A), AND ESTABLISHING CERTAIN LIMITATIONS FOR
In the City of .~.~.~.TA.M9N.J~A........ ... THE REDEVELOPMENT PLAN PURSUANT TO THE
COMMUNITY REDEVELOPMENT LAW REFORM ACT OF
County of Los Angeles. and which 1993 (ASSEMBLY BILL 1290)
newspaper has been adludged a newspaper WHEREAS, the Redevelopment Plan for the Ocean Park Redevelopment
of general circulation by the Superior Court Project l(A) was appnlVed and adoFired by the CIty Councd of the City of
Santa MOnica on June 30, 1960. by dmance No 497. and
of the County of Los Angeles, State of WHEREAS, m 1993 the Callforma State Legislature enacted the Cammu-
California, under the date of JA:'IJ 26 19 31 mty Redevelopment Reform Act of 1993 (ABI290), makmg vanous amend-
ments to the Commumty Redevelopment Law (Health and Safety Code
, ..... .. ... 01-. ... I SectIon 33000. et seq). whIch became effectIve on January 1. 1994, and
Case Number .. ~H.:n.~.....J thatthe notice, WHEREAS. Health and Safety Code SectIon 33333 6 expressly reqUlres
each redevelopment plan adopted pnor to December 31, 1993, to contain
of which the annexed is a printed copy (set certam restnctIons and hmltatIons, WhiCh must be Imposed prIor to
in type not smaller than nonpareIl), has December 31. 1994, and
WHEREAS, Health and Safety Code Section 33333 6 expressly provides
been published In each regular and entire that such restrICtlOlJB and brn.t'~ -lr~ by way Df ~. and
Issue of said newspaper and not In any s1la1l be deemed to constitute an amendment of the redevelopment plan ~
supplement thereof on the tollowmg dates, wlthtout the necessity of comphance With HeaU.b a~ l;8d~~~
334M or any other proVIslOn of the Commumty RedeveklpDlent "Law
to-Wit relatmg to amendment.
. .. . . . . .. .DEe. .3. . .. . .. NOW, THEREFORE. the City Councd of the City of Santa Maruca does
.... . . .. .. . . . .. ... .. . . . . . . .. ...... ordam as follows
all in the year 19.?~ Section 1 In accordance With the reqUlrements af the Commumty
Redevelopment Law Reform Act of 1993, and notWlthstandmg any othet.,
I certify (or declare) under penalty of prOVISlOn m the Redevelopment Plan for the Ocean Park Redevelopment.;
perlury that the foregol n9 IS true and PrOject l(a). the City Councll hereby estabhshes the foUowmg hmltabons
correct for the Ocean Park Redevelopment Project l(b), Ongmal Project Area.
subject to all of the provislOns of tlns Ordmance and further subject to
Dated at. . ~~~T.A ~10NICA Health and Safety Code Section 333336(g) and (h),
..... .. ill .. .. .. .. .. .. .. .... ............ ......... A In accordance WIth Health and Safety Code SectIon 33333 6(a), the brne
fo.. estabhshmg loans, advances and mdebtedness to be paid WIth the
C~.lf.ornla, thiS .3,......dayot.DEC.... 19.?1.. proceeds of property taxes received pursuant to Health and Safety Code
SectIon 33670. to fmance m whole, or In part, the Ocean Park Redevelop-
.I 0;/~L/'- ~ ment Project l(a). shall not exceed January 1. 2004 ThIs limit, however,
.\-.<;.....~........S;gnatur~ '7' .... shall not prevent the Agency from mcurrmg debt to be paid from the Low
and Moderate Income Housmg Fund or establlslnng more debt In order to
U fumll the Agency's housmg obl1gahons under Health and Salety Code
Sechon 33413 Tins hmlt shall not prevent the Agency from refmancmg.
F~ee cOII,esof tnls blink form mly be slcurea 'rom refundmg, or restructurmg mdebtedness after the tIme hmlt If the mdebt-
CALIFORNIA NEWSPAPER SERVICE edness IS not mcreased and the tIme dunng winch the mdebtedness IS to be
BUREAU,INC repaid does not exceed the date on wlnch the Indebtedness would have
Legal Advertlsmg ClearIng House been paid ThiS tIme hmit may be extended only by amendment of the
Redevelopment Plan for the Ocean Park Redevelopment Project 1(a),
POBox 3 J after the Agency makes the flDdmgs reqUIred SUbdIVISions (a)(2)(A) and
Los Angeles CA 90053 Telephone 625.2541 (a)(2}(B) of Health and Safety Code SectIon 333336 However, tlus amended
Plus" reou"s' GE/OIE/ilAL F>rOOfaf "ubi/CoitIon time hrnlt may not exceed January 1, 2014
ONhen orde"u,q U'I15 form B In accordance With Health and Safety Code SectIon 33333.6(b), the
effectIveness of the Redevelopment Plan for the Ocean Park Redevelop-
ment ProJect l(a) shall terminate January 1, 2009, after which tIme the
~genc"'y s~ll ~ve !Io ~JlursuanUo the Redevelopment Plan
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