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HomeMy WebLinkAbout2006 013 CC RESO2006 013 CC RESO ×P@æ RESOLUTION NO. 2006-013 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK, CALIFORNIA, MAKING AN ELECTION TO RECEIVE PAYMENTS PURSUANT TO HEALTH AND SAFETY CODE SECTION 33607.5 b) FOR THE SAN GABRIEL RIVER REDEVELOPMENT PROJECT AREA WHEREAS, the Community Development Commission of the City of Baldwin Park the Commission") had prepared and the City Council adopted an amendment to the Redevelopment Plan for the San Gabriel River Redevelopment Project Area the Redevelopment Plan") to extend the time limit to incur indebtedness; and WHEREAS, Section 33333.6 e)(2) of the Health and Safety Code provides that if the Redevelopment Plan is amended to extend the time limits to incur indebtedness, then Commission shall make the payment required by Section 33607.7 to affected taxing agencies; and WHEREAS, Section 33607.7 of the Health and Safety Code provides that if the Redevelopment Plan is amended to extend the time limits to incur indebtedness, and no pass-through agreement exists, the amounts required pursuant to subdivisions b), c), d) and e) of Section 33607.5 must be paid to each affected taxing entity, including the City, if the City elects to receive such tax increments; and WHEREAS, the City of Baldwin Park is an affected taxing entity under Section 33607.5 and pursuant to Subsection b) of Section 33607.5 can elect to share in the 25% pass-through amounts required to be paid of the taxing entities; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BALDWIN PARK HEREBY FINDS, DETERMINES, RESOLVES AND ORDERS AS FOLLOWS: Section 1. Pursuant to Health and Safety Code Sections 33333.6 e)(2) and 33607.5, the City Council hereby elects to receive its share of the twenty-five percent 25%) tax increment pass-through payment authorized by Health and Safety Code Section 33607.5 b) commencing with the first fiscal year the Commission is required to make such payments to the affected taxing entities and continuing each year thereafter. Section 2. That the Mayor shall sign and the City Clerk shall certify to the passage and adoption of this Resolution and thereupon the same shall take effect and be in force. 2006 013 CC RESO ×P@æ Resolution No. 2006-013 Page 2 ADOPTED and APPROVED this 1st day o arc X06. MA NO MA OR ATTEST: STATE OF CALIFORNIA COUNTY OF LOS ANGELES SS. CITY OF BALDWIN PARK I, ROSEMARY M. RAMIREZ, Chief Deputy City Clerk of the City of Baldwin Park, do hereby certify that the foregoing Resolution No. 2006-013 was duly and regularly approved and adopted by the City Council of the City of Baldwin Park at its regular meeting held on March 1, 2006, by the following vote: AYES: COUNCILMEMBERS: Anthony J. Bejarano, Marlen Garcia, Ricardo Pacheco, Mayor Pro Tern David J. Olivas and Mayor Manuel Lozano NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE ABSTAIN: COUNCILMEMBERS: NONE le ROSEMA Y M:-fbkf1REZ CHIEF DEPUTY CITY CLERK BIB] 38790-U01 2006-U02 013-U02 CC-U02 RESO-U02 LI3-U03 FO8417-U03 FO84139-U03 DO84151-U03 C6-U03 RESO-U03 3/13/2006-U04 ROBIN-U04