Loading...
HomeMy WebLinkAboutCC ORD 1991-2013 Amendment to downtown redevelopment project (Special)ORDINANCE NO. 91-2013 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY APPROVING AND ADOPTING AMENDMENT III, NATIONAL CITY DOWNTOWN REDEVELOPMENT PROJECT, NATIONAL CITY, CALIFORNIA WHEREAS, the City Council of the City of National City, by adoption of Ordinance No. 1762 on December 1, 1981, approved the Redevelopment Plan and the Feasibility of Relocation for the National City Downtown Redevelopment Project, National City, California; and WHEREAS, the City Council, by adoption of Ordinance No. 1821 on May 22, 1984, approved Amendment I to said Redevelopment Plan; and WHEREAS, the City Council, by adoption of Ordinance No. 1851 on April 16, 1985, approved Amendment II to said Redevelopment Plan; and WHEREAS, the City Council wishes to further amend said Redevelopment Plan by adoption of an Amendment III; and WHEREAS, Notice of Public Hearing on Amendment III was sent to each property owner within the National City Downtown Redevelopment Project Boundary and to the County Auditor, the Assessor, the Tax Collector, the State Board of Equalization, and to the governing bodies of all taxing agencies which levy taxes within the Project Area; and WHEREAS, the CDC has made its Report on Amendment III, National City Downtown Redevelopment Project, to the City Council for the Public Hearing on Amendment III, which was held Tuesday, June 11, 1991, inthe City Council Chamber, Civic Center, 1243 National City Blvd., National City, California; and WHEREAS, the City Council considered the Report of the CDC and considered all testimony, both written and oral, and considered the environmental documents, the proposed expenditure of CDC tax increment funds for the acquisition of land and the construction of a police facility and for the construction of public improvements within the National City Downtown Redevelopment Project. NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of National City, as follows: Continued on Page Two Ordinance No. Page Two Section 1: It is hereby found and determined that Amendment III, National City Downtown Redevelopment Project, is necessary to effectuate the public purposes set forth in the California Community Redevelopment Law, hereinafter called "the Law," and that the carrying out of the Redevelopment Plan for the Project would promote the public peace, health, safety, and welfare of the community and would effectuate the purposes and policies set forth in said Law. Section 2: The Redevelopment Plan for the National City Downtown Redevelopment Project adopted by City Council Ordinance No. 1762 on December 1, 1981, and recorded December 4, 1981, Official Records, San Diego County, California, as File/Page No. 81-381665 is hereby amended to read as follows: (a) Section F.2.d. Estimates of Total Project Cost, Project Revenue and Bond Issues: (page 16 of the Plan) . The estimated total cost to complete this Project is $250 million, which is the maximum number of dollars of taxes which may be divid- ed and allocated to the CDC. The taxes allo- cated to the Project are by far the major source of Project Revenue. Estimates of Bond Issues are Bonds III, January, 1992, $21.1 million, and Bonds IV, January, 1998, $11.5 million. Section F.2.e. Other Financial Provisions: (page 16 of the Plan) . (1) Pursuant to Section 33333.2, paragraph (1) of the Law, the limitation on the number of dollars of taxes which may be divided and allocated to the CDC pursuant to Section 33670 of the Law in connection with this Redevelop- ment Plan is $250 million. (2) Pursuant to Section 33333.2, paragraph (2) of the Law, the time limit on the estab- lishing of loans, advances and indebtedness to finance in whole or in part this Redevelopment Plan and this Redevelopment Project is to and including the Fiscal Year 2014-2015. Continued on Page Three Ordinance No. Page Three (c (3) Pursuant to Section 33334.1 of the Law, the limit of bonded indebtedness that can be outstanding at one time is $100 million. (4) Pursuant to Section 33334.2 of the Law, not less than 20 percent of all taxes which are allocated to the CDC pursuant to Section 33670 shall be used by the CDC for the purpos- es of increasing, improving, and preserving the community's supply of low and moderate - income housing available at affordable housing cost, as defined by Section 50052.5, to per- sons and families of low or moderate income, as defined in Section 50093, and very low income households, as defined in Section 50105. Section E - Project Proposals: (pages 11 through 14 of the Plan). Section E.7. is added to provide as follows: "7. Police Facility Pursuant to Section 33445 of the Law, Community Development Commission tax increment revenues shall be utilized to pay for one-half the cost of the acquisition of land for and the cost of installation and construction of a new police facility for the City of National City within the Redevelopment Project Boundary. For this purpose, the Community Development Commission shall pay $4 million in cash in June, 1991, and $1 million in cash in December, 1991, to the National City Joint Powers Financing Authority, and shall make such further payments from time to time as requested by the Auditor and Treasurer of the Authority." Section E.8. is added to provide as follows: "8. Capital Improvement Projects Beginning July 1, 1992, the greater of $320,000.00 or 10 percent of the amount of CDC funds allocated annually for neighborhood improvement and for commercial and industrial redevelopment, Continued on Page Four Ordinance No. Page Four shall be devoted each year during the the duration of the Redevelopment Plan to capital improvement projects to be constructed by the City of National City within the Redevelopment Project Boundary." Section 3: It is hereby found and determined that the financing method set forth in the Redevelopment Plan for the Project, as amended by this Amendment III, is necessary to enable the Project to be completed. The carrying out of the Redevelopment Plan as amended by this Amendment III, is hereby found and determined to be economically sound and feasible. Section 4: Amendment III, National City Downtown Redevelopment Project, having been duly reviewed and considered, is hereby approved and adopted and all objections written or oral, are hereby overruled. ' PASSED and ADOPTED by the City Council of the City of National City, California, this 18th day of June, 1991. ATTEST: Lo AA /VI Anne Peoples, APPROVED AS TO FORM: George H. Aged Eiser, III City Attorney ity Clerk George H. aters, Mayor Passed and adopted by the Council of the City of National City, California, on JUNE 18, 1991 by the following vote, to -wit: Ayes: Councilmen Nays: Councilmen Absent: Councilmen Abstain: Councilmen AUTHENTICATED BY: Dal la, Inzunza, Waters None None Van Deventer% Zarate GEORGE H. WATERS Mayor of the City of National City, California City Clerk of the City of National Cit , California By: Deputy I HEREBY CERTIFY that the foregoing ordinance was not finally adopted until seven calendar days had elapsed between the days of its introduction and the days of its final passage, to wit, on and on JUNE 18, 1991 JUNE 11, 1991 I FURTHER CERTIFY THAT said ordinance was read in full prior to its final passage or that the reading of said ordinance in full was dispensed with by a vote of not less than a majority of the members elected to the Council and that there was available for the consideration of each mem- ber of the Council and the public prior to the day of its passage a written or printed copy of said ordinance. I FURTHER CERTIFY that the above and foregoing is a full, true and cor- rect copy of ORDINANCE NO. 91-2013 of the City of National City, passed and adopted by the Council of said City on JUNE 18 , 1991 (Seal) City Clerk of the City of National City, California By: Deputy