Ord 1999-025 - Laserfiche WebLink

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E. [Section 405] Time Limit on Use of Tax Increment Funds to Repay Indebtedness The Agency shall not use tax increment funds to repay indebtedness more than 45 years from the date of adoption of the Plan. After the time limit established herein, the Agency may not receive property taxes pursuant to Health and Safety Code Section 33670. V. [SECTION 500] ACTIONS BY THE CITY Upon the Agency's request, the City shall aid and cooperate with the Agency in implementing the Plan and shall take all actions necessary to ensure the continued fulfillment of the purposes of the Plan and to prevent the recurrence or spread in the Project Area of conditions causing blight. Actions by the City may include, but are not limited to, the following: 1. Instituting and completing proceedings to open, close, vacate, widen, or change the grade of streets, alleys, and public rights -of -way, and for other necessary modifications of the streets, the street layout, and other public rights -of -way in the Project Area. The City may require the abandonment, removal, and relocation by public utility companies of their operations in public rights -of -way as appropriate to carry out the Plan, provided that nothing in the Plan shall be construed to require the cost of such abandonment, removal, and relocation be borne by others than those legally required to bear such costs. 2. Instituting and completing proceedings necessary for changes and improvements in private and publicly -owned public utilities within or affecting the Project Area. 3. Revising the Zoning Code or adopting specific plans as appropriate within the Project Area to permit the land uses and development authorized by the Plan. 4. Imposing wherever necessary (by covenants or restrictions, conditional use permits or other means) appropriate controls within the limits of the Plan upon parcels in the Project Area to ensure their proper development and use. 5. Executing statutory development agreements where necessary and appropriate to facilitate developments approved by the Agency. WEST SAN LEANDRO /MACARTHUR BOULEVARD PAGE 35 REDEVELOPMENT PROJECT AREA REV 2999:22399:2259% 3269% 33099:090199:0615991 _1I