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SR-414-000 (2) RMd:Housing:BM:TR:resource/share/staffreports/SB1045.doc City and Agency Joint Meeting: January 13, 2004 Santa Monica, California TO: Mayor and City Council Chairperson and Redevelopment Agency From: City Staff Subject: Adoption of Ordinances To Extend the Time Limits on the Effectiveness of the Redevelopment Plans and the Time Limits for Paying Indebtedness and Receiving Property Taxes for the Earthquake Recovery, Downtown, Ocean Park 1A, and Ocean Park 1B Redevelopment Project Areas Introduction At its meeting on December 16, 2003, the City Council introduced for first reading ordinances extending the time limits for paying indebtedness and receiving property taxes for the Earthquake Recovery, Downtown, Ocean Park 1A, and Ocean Park 1B Redevelopment Project Areas. The Ordinance is now presented to the City Council for adoption. Recommendations It is respectfully recommended that the accompanying ordinances be adopted. Prepared by: Jeff Mathieu, Director Resource Management Dept. Bob Moncrief, Housing Manager Tina Rodriguez, Redevelopment Administrator Marty Kennerly, Administrative Services Officer Attachments: A - Earthquake Recovery Ordinance See Adopted Ordinance No. 2108 (CCS). B - Downtown Ordinance See Adopted Ordinance No. 2109 (CCS). C - Ocean Park 1A Ordinance See Adopted Ordinance No. 2110 (CCS). D - Ocean Park 1B Ordinance See Adopted Ordinance No. 2111 (CCS). 1