Chapter 2.35
FORTUNA REDEVELOPMENT AGENCY*
Sections:
2.35.050 Time limits on indebtedness.
2.35.060 Time limits – Payments on indebtedness.
2.35.070 Time limits – Other requirements.
* For statutory provisions authorizing the creation of local disaster councils, see Government Code § 8610 et seq.
2.35.010 Declaration of need.
The city council has determined that there is a community need for a redevelopment agency in the city and declares that there is a need for a redevelopment agency to function within the city pursuant to Section 33000 et seq. of the Health and Safety Code. (Ord. 97-611 § 2; Ord. 88-527 § 1. Formerly 2.54.010).
2.35.020 Powers and duties.
The city council declares itself to be the redevelopment agency of the city pursuant to Section 33200 of the Health and Safety Code and finds that such action will serve the public interest and promote the public safety and welfare in an effective manner. The city council further declares that all of the rights, powers, privileges and immunities of the Community Development Law are vested in the city council. (Ord. 97-611 § 2; Ord. 88-527 § 2. Formerly 2.54.020).
2.35.030 Designated.
The redevelopment agency created in this chapter is designated as the “Fortuna redevelopment agency.” (Ord. 97-611 § 2; Ord. 88-527 § 3. Formerly 2.54.030).
2.35.040 Compensation.
Inasmuch as the population of the city of Fortuna is less than 200,000, compensation of the members of the redevelopment agency is established pursuant to Section 33114.5 of the Health and Safety Code, as such section may be amended from time to time. Provided, however, that no member shall receive compensation for attending more than four meetings of the agency during any calendar month. In addition, members shall receive their actual and necessary expenses incurred in the discharge of their duties. (Ord. 97-611 § 2; Ord. 88-527 § 4. Formerly 2.54.040).
2.35.050 Time limits on indebtedness.
The time limits on the establishing of loans, advances and indebtedness, as set forth in the last paragraph of Section 502 of the redevelopment plan, is hereby amended to read:
The Agency shall not establish or incur loans, advances or indebtedness to finance in whole or in part the Project after twenty years from the date of adoption of this Plan. Loans, advances or indebtedness may be repaid over a period of time beyond said time limit.
Based upon the date of adoption of the redevelopment plan, the agency shall not incur loans, advances or indebtedness after July 5, 2009. (Ord. 94-596).
2.35.060 Time limits – Payments on indebtedness.
The agency shall not pay indebtedness or receive property taxes pursuant to Section 33670 of the Health and Safety Code after 10 years from the termination of the effectiveness of the redevelopment plan, as established in Section 800 of the redevelopment plan. Based upon the termination date established in Section 800 of the redevelopment plan, the agency shall not pay indebtedness or receive property taxes pursuant to Section 33670 after July 5, 2039. (Ord. 94-596).
2.35.070 Time limits – Other requirements.
The ordinance codified in this chapter amending the redevelopment plan is adopted pursuant to Section 33333.6 of the Health and Safety Code. In addition to the specific limitations established and amended as provided in FMC 2.35.050 and 2.35.060, this chapter hereby incorporates by reference those provisions of subsections (g) and (h) of said Section 33333.6. (Ord. 94-596).