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RES-10513 Receiving City's Statutory Share of Tax IncrementRESOLUTION NO. 10513 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE ELECTING TO RECEIVE THE CITY'S STATUTORY SHARE OF TAX INCREMENT FROM THE ORANGE MERGED AND AMENDED REDEVELOPMENT PROJECT AREA. WHEREAS, the City of Orange (the "City") is a municipal corporation, which exercises governmental functions and powers and is organized and existing under the laws of the State of California; and WHEREAS, the Orange Redevelopment Agency, a public body, corporate and politic the "Agency"), has been duly created, established and authorized to transact business and exercise its powers under and pursuant to the Community Redevelopment Law (commencing with Section 33000 of the Health and Safety Code of the State of California and herein referred to as the "Redevelopment Law"); and WHEREAS, the City Council of the City of Orange (the "City Council"), by Ordinance No. 9-83 adopted on December 6, 1983, approved a redevelopment plan for the Tustin Street Project Area and designated by such Ordinance certain area within the City as a redevelopment project area (the "Tustin Street Original Project Area"), and thereafter, by Ordinance No. 20-88 adopted on June 21, 1988, approved an amendment to said redevelopment plan adding territory (the "Tustin Street Amendment No. 1 Project Area") to the Tustin Street Original Project Area (the Tustin Street Original Project Area and the Tustin Street Amendment No. 1 Project Area are collectively referred to herein as the " Tustin Street Project Areas"); and 7VHEREAS, the City Council, by Ordinance No. 37-84 adopted on November 20,1984, approved a redevelopment plan for the Southwest Project Area and designated by such Ordinance certain area within the City as a redevelopment project area (the "Southwest Original Project Area"), and thereafter, by Ordinance No. 20-86 adopted on July 15, 1986, by Ordinance No. 24-88 adopted on July 5, 1988, and by Ordinance No. 17-96 adopted on July 9, 1996, approved "Southwest Amendment No. 1 Project Area," "Southwest Amendment No.2 Project Area," and "Southwest Amendment No. 3 Project Area," respectively, to said redevelopment plan adding territory to the Southwest Original Project Area (the Southwest Original Project Area, the Southwest Amendment No. 1 Project Area, the Southwest Amendment No. 2 Project Area, and the Southwest Amendment No. 3 Project Area are collectively referred to herein as the "Southwest Project Areas"); and WHEREAS, because the Southwest Amendment No. 3 Project Area was adopted after December 31, 1993, it is subject to statutory tax sharing with affected taxing entities under Healthand Safety Code Section 33607.5( a) ("Section 33607.5") with payments required to be paid pursuant to subdivisions (b), (c), (d) and ( WHEREAS, the City Council, by Ordinance No. 22-88 adopted on June 28, 1988,approved a redevelopment plan for the Northwest Project Area and designated by such Ordinance certain area within the City as a redevelopment project area (the " Northwest Project Area"); and WHEREAS, in connection with the redevelopment plan for the Tustin Street Original Project Area, the Agency entered into tax sharing agreements prior to January 1,1994 with the County of Orange, the Orange County Flood Control District, and the Orange Unified School District, but no tax sharing agreements exist for the other affected taxing entities, including the City; and WHEREAS, in connection with the amendment to the redevelopment plan for the area designated as the Tustin Street Amendment No. 1 Project Area, the Agency entered into tax sharing agreements prior to January 1, 1994 with the County of Orange, the Orange County Flood Control District, the Orange County Harbors, Beaches and Parks District, the Orange Unified School District, the Orange County Department of Education, the Rancho Santiago. Community College District, the Orange County Sanitation District No. 2, and the Orange County Water District, but no agreements exist for the other affected taxing entities,including the City; and WHEREAS, in connection with the redevelopment plan for the Southwest Original Project Area, the Agency entered into tax sharing agreements prior to January 1, 1994 with the County of Orange, the Orange County Flood Control District, the Orange Unified School District, and the Orange County Department of Education, but no agreements exist for the other affected taxing entities, including the City; and WHEREAS, in connection with the amendment to the redevelopment plan for the area designated as the Southwest Amendment No. 1 Project Area, the Agency entered into tax sharing agreements prior to January 1, 1994 with the County of Orange, the Orange County Flood Control District, the Anaheim Union High School District, the Anaheim City School District, and the Orange County Water District, but no agreements exist for the other affected taxing entities, including the City; and WHEREAS, in connection with the amendment to the redevelopment plan for the area designated as the Southwest Amendment No. 2 Project Area, the Agency entered into tax sharing agreements prior to January 1, 1994 with the County of Orange, the Orange County Flood Control District, the Orange County Harbors, Beaches and Parks District, the Orange Unified School District, the Orange County Department of Education, the Anaheim City School District, the Rancho Santiago Community College District, the Orange County Sanitation District No. 2 and the Orange County Water District, but no agreements exist for the other affected taxing entities, including the City; and WHEREAS, in connection with the redevelopment plan for the Northwest Project Area, the Agency entered into tax sharing agreements prior to January 1, 1994 with the County of Orange, the Orange County Flood Control District, the Orange County Harbors, Beaches and Parks District, the Orange Unified School District, the Orange County Department of Education, the Rancho Santiago Community College District, and the Orange County Sanitation District No. 2, and the Orange County Water District, but no agreements exist for the other affected taxing entities, including the City; and WHEREAS, the City Council, by Ordinance No. 21-01 adopted on November 27,2001 approved the Amended and Restated Redevelopment Plan (the "Redevelopment Plan")for the Orange Merged and Amended Redevelopment Project Area (the " Redevelopment Project Area"), thereby merging the Tustin Street Project Areas, the Southwest Project Areas and the Northwest Project Area (referenced individually as "Component Area") and extending the time limit on the establishment of loans, advances and indebtedness for each Component Area adopted prior to December 31, 1993, thus triggering statutory tax sharing with affected taxing entities under Health and Safety Code Section 33607.7(a) (" Section 33607.7") for all Component Areas other than the Southwest Amendment No. 3 Component Area; and WHEREAS, Section 33607.7 provides that the Agency must pay to each affected taxing entity the amounts required to be paid by any tax sharing agreement in effect prior to January 1, 1994 between the Agency and the affected taxing entity or, if no agreement exists,the statutory pass through payments required to be paid pursuant to subdivisions (b), (c), ( d)and (e) of Section33607.5; and WHEREAS, Section 33607.5(b) provides that in any fiscal year in which the Agency receives tax increment, the City may elect to receive its share of statutory pass-through payments for the Redevelopment Project Area; and WHEREAS, the City Council now desires to make such an election for the Redevelopment Project Area commencing with Fiscal Year 2010-11 and continuing each year thereafter.NOW, THEREFORE, the City Council of the City of Orange finds, determines and resolves, on the basis of the facts set forth in the agenda report presented to it and any testimony received at the meeting at which this matter was considered, as follows:The foregoing recitals are true and correct.2. The City Council hereby elects toreceive the City's share of statutory tax increment payments for the Redevelopment Project Area provided forunder Section 33607.5, commencing with Fiscal Year 2010-11 and continuing each fiscal year thereafter.3. The Agency staff is hereby directed and authorized to transmit a copy of this Resolution to the appropriate department(s) of the Auditor- Controller ADOPTED this 12t" day of October, 2010 r f Mayor, City of Orange A, TEST Mary E ~ u h ity Clerk, C' Orange s I, MARY E. MURPHY, City Clerk of the City of Orange, California, do hereby certify that the foregoing Resolution was duly and regularly adopted by the City Council of the City of Orange at a regular meeting thereof held on the 12th day of October, 2010, by the following vote: AYES: COUNCILMEMBERS: Smith, Murphy, Cavecche, Dumitru, Bilodeau NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None ABSTAIN: COUNCILMEMBERS: None Mary Cit range 4