Chapter 8.36 — COMMUNITY REDEVELOPMENT

A survey of the City illustrates that there exist in the City blighted areas which constitute social and economic liabilities requiring redevelopment in the interest of the health, safety and general welfare of the people of the City and the State. Such blighted areas are characterized by the conditions set forth in the Community Redevelopment Law (Health and Safety Code Section 33000 et seq.), and it is the intention of the City Council to proceed under such law and other applicable laws to redevelop such areas.

(Prior code § 13A-1)

• A. Declaration of Need. The City Council hereby finds and declares that there is need for a Community Redevelopment Agency to function in the City, pursuant to the provisions of the Community Redevelopment Law.

• B. Designation. Pursuant to Section 33200 of the State Health and Safety Code, the City Council hereby declares itself to be the Community Redevelopment Agency.

• (Prior code § 13A-2)

Revenues derived from the allocation of taxes pursuant to the California Health and Safety Code relating to community redevelopment, are in whole, necessary for the effective implementation of the Paramount Redevelopment Plan as amended. (Prior code § 13A-3)

Loans, advances, or indebtedness to be repaid from the allocation of taxes, to finance in whole or in part, the redevelopment project, shall not be established or incurred by the Paramount Redevelopment Agency beyond December 18, 2025. This limitation coincides with the effective duration of the Paramount Redevelopment Plan, as amended. (Prior code § 13A-4)

Eminent domain proceedings to acquire property within the project area shall commence within 12 years of the effective date of this section. (Prior code § 13A-5)

The limitations established in this chapter, adopted pursuant to Section 33333.4 of the California Health and Safety Code shall apply to the Paramount Redevelopment Plan, as amended as if the Redevelopment Plan had been amended to include these limitations. (Prior code § 13A-6)

Amendment of the redevelopment plan to include these limitations is in accordance with Section 33333.4(3)(b) of the California Health and Safety Code, which does not require the legislative body nor the agency to comply with Article 12 (commencing with Section 33450 of the California Health and Safety Code) or any other provision of the California Health and Safety Code relating to the amendment of redevelopment plans. (Prior code § 13A-7)

The limitation on the revenues derived from taxes pursuant to the California Health and Safety Code relating to community redevelopment is hereby limited to $3,600,000.00. Taxes shall not be divided and shall not be allocated to the Paramount Redevelopment Agency beyond said limitation.

(Prior code § 13A-8)