HomeMy WebLinkAbout2018 265 CC RESO RESOLUTION NO. 2018-265
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF BALDWIN PARK, CALIFORNIA,
CONFIRMING THE ELECTION TO RECEIVE
PAYMENTS PURSUANT TO HEALTH AND SAFETY
CODE SECTION 33607.5 (b) FOR THE PUENTE
MERCED, DELTA, SIERRA VISTA AND CENTRAL
BUSINESS DISTRICT REDEVELOPMENT PROJECT
AREAS
WHEREAS, the Community Development Commission of the City of
Baldwin Park (the "Commission") prepared and the City Council adopted
amendments to the Redevelopment Plans for the Puente Merced, Delta, Sierra
Vista and Central Business District Project Areas (the "Redevelopment Plans")
to extend the time limits to incur indebtedness; and
WHEREAS, Section 33333.6 (e)(2) of the Health and Safety Code
provides that if the Redevelopment Plans are 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 Plans are 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 confirms its earlier election 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 was required to make such payments to the
affected taxing entities and continuing each yearthereafter.
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.
Resolution No. 2018-265
Page 2
ADOPTED and APPROVED this 16th day of May 2018.
MA EL LOZANO
MAYOR
ATTEST:
STATE OF CALIFORNIA }
COUNTY OF LOS ANGELES SS.
CITY OF BALDWIN PARK
I, ALEJANDRA AVILA, City Clerk of the City of Baldwin Park, do hereby
certify that the foregoing Resolution No. 2018-265 was duly and regularly
approved and adopted by the City Council of the City of Baldwin Park at its
regular meeting held on May 16, 2018, by the following vote:
AYES: COUNCILMEMBERS: Cruz Baca, Monica Garcia,
Susan Rubio, Mayor Pro Tern Ricardo
Pacheco and Mayor Manuel Lozano
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
ABSTAIN: COUNCILMEMBERS: NONE
ALEJAN A AVILA
CITY CLERK