HomeMy WebLinkAboutResolution - 2181 RESOLUTION NO. 2181
ELECTION BY CITY TO RECEIVE PAYMENTS PURSUANT
TO HEALTH AND SAFETY CODE SECTION 33676
WHEREAS, the City of San Jacinto (the "City") and the San Jacinto Redevelopment
Agency (the "Agency") have designated certain area to be added (the "Project Amendment
Area") to the redevelopment project area for the San Jacinto Redevelopment Project pursuant to
proposed Amendment No. I to the Project ("Amendment No. I"), which Amendment No. 1
provides for tax increment financing as to the Project Amendment Area pursuant to
Section 33670 of the California Health and Safety Code; and
WHEREAS, the boundaries of the Project Amendment Area (namely, the area proposed
to be added to the Project Area of the Project by virtue of Amendment No. 1) were established
by the Planning Commission of the City of San Jacinto by its Resolution No. 93-14, which is
incorporated herein by reference; and
WHEREAS, the Agency has recommended the adoption of Amendment No. 1 to the San
Jacinto Redevelopment Project and the City will be considering the adoption of such Amendment
No. 1; and
WHEREAS, Section 33676 of the California Health and Safety Code provides that the
City of San Jacinto, as an affected taxing agency, may make certain elections regarding the
receipt of incremental property tax revenues to be derived from redevelopment project areas; and
WHEREAS, the City desires to make such elections, which shall be effective so long as
Amendment No. 1 remains in effect;
NOW, THEREFORE BE IT RESOLVED, FOUND AND DETERMINED as follows:
1. The City hereby elects to be allocated, in addition to the portion of taxes allocated
to the City pursuant to Health and Safety Code Section 33670(a), all or any portion of the tax
revenues allocated to the San Jacinto Redevelopment Agency in connection with Amendment
No. 1 to the San Jacinto Redevelopment Project pursuant to Health and Safety Code Section
33670(b) attributable to one or more of the events set forth in Health and Safety Code Section
33676(a)(1), (2) and (3). The election made pursuant to this Section 1 shall remain in effect so
long as Amendment No. 1 to the San Jacinto Redevelopment Plan remains in effect.
2. Copies of this Resolution shall be mailed or delivered to the Auditor/Controller
and the Tax Collector for the County of Riverside and the governing bodies of the County and
the Agency.
Mayor
Attest:
City Clerk
�r
Puat:10287_11941B2763.1
PASSED, approved and adopted this 28th day of December, 1993.
AYES: Counci_lmembers Ford, Solo.rio, Williams , Mayor_ Hafliger
NOES: None
ABSENT: None
ABSTAIN: Councilmember_ Leahy
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