HomeMy WebLinkAboutRES CC 2008 2782 2008 1217RESOLUTION NO. 2008 -2782
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, ELECTING TO RECEIVE A
SHARE OF TAX INCREMENT ALLOCATED UNDER THE
MOORPARK REDEVELOPMENT PLAN PURSUANT TO
HEALTH AND SAFETY CODE SECTION 33607.7
WHEREAS, the City Council of the City of Moorpark, adopted the
Redevelopment Plan for the Moorpark Redevelopment Project on July 5, 1989, by
Ordinance No. 110, in accordance with the California Community Redevelopment Law
(Health and Safety Code Section 33000 et seq.); and
WHEREAS, CRL Section 33333.6(e)(2) was amended by the California
legislature in 2001, effective January 1, 2002, to provide that as to redevelop plans
originally adopted prior to January 1, 1994, the legislative body of an agency (City
Council) may enact an ordinance eliminating the deadline on incurring indebtedness
formerly required by CRL Section 33333.6, and to further provide that such ordinance
may be adopted without compliance with CRL Section 33354.6 or Article 12 of the CRL,
except that the redevelopment agency must begin making certain payments of portions
of the Agency's tax increment to affected taxing entities required by CRL Section
33607.7 commencing from the date the applicable redevelopment plan reaches the
previously existing deadline to incur debt; and
WHEREAS, by Ordinance No. 369 (the "SB 211 Ordinance" or the "SB 211
Amendment "), the City has amended the Redevelopment Plan to eliminate the deadline
on incurring indebtedness (the "Deadline ") with respect to the entire Moorpark
Redevelopment Project Area, pursuant to California Health and Safety Code Section
33333.6; and
WHEREAS, California Health and Safety Code Section 33607.7 requires that
with respect to any redevelopment plan amended pursuant to Section 33333.6, the
redevelopment agency administering such plan amendment shall make certain
payments of portions of the tax increment generated within the project area or areas as
to which such Deadline has been eliminated to affected taxing entities, including the
community, to the extent the community elects to receive such tax increment; and
WHEREAS, the City Council may, by resolution, elect to receive a share of the
tax increment as authorized by Health and Safety Code Sections 33607.7 and
33607.5(b), net of amounts required by the Redevelopment Law to be deposited into
the Agency's Low and Moderate Income Housing Fund, based upon the pro rata share
of property taxes which would have been allocable to the City but for adoption of the
Plan Amendment.
Resolution No. 2008 -2782
Page 2
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The City Council elects to receive its prorated share of the tax
increment from the Moorpark Redevelopment Project Area as authorized by California
Health and Safety Code Sections 33607.7 and 33607.5(b).
SECTION 2. The City Clerk shall certify to the adoption of this resolution and
shall cause a certified resolution to be filed in the book of original resolutions.
SECTION 3. The City Clerk shall transmit a copy of this resolution to the
Agency and to the County Auditor - Controller.
PASSED AND ADOPTED this 17th day of December, 2008.
an' a S. Parvin, Mayor
ATTEST:
Maureen Benson, Assistant City Clerk
Resolution No. 2008 -2782
Page 3
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK )
I, Maureen Benson, Assistant City Clerk of the City of Moorpark, California, do
hereby certify under penalty of perjury that the foregoing Resolution No. 2008 -2782 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the
17th day of December, 2008, and that the same was adopted by the following vote:
AYES: Councilmembers Lowenberg, Mikos, Millhouse, Van Dam, and
Mayor Parvin
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 31 st day of December, 2008.
Maureen Benson, Assistant City Clerk
(seal)