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Ordinance 2889CITY OF ALAMEDA ORDINANCE NO. 2889 New Series ELIMINATING THE EXISTING TIM LIMIT ON INCURING DEBT FOR THE COMMTY IMROVEMENT PLAN FOR THE WEST END COMMITY IMROVEMENT PROJECT WHEREAS, the City Council of the City of Alameda (the "City Council" adopte Ordinance No. 2141 on July 5 , 1983, approving and adopting the Communty Imvement Plan (the "Communty Improvement Plan ) for the West End Communty Improvement Project (the "Project"); and WHREAS, the City Council amended the Communty Improvement Plan by Ordice No. 2222 , adopted on Januar 2, 1985 and Ordinance . No. 2682 , adopted onDecer 6, 1994; and WHREAS, Section Vm.B of the Communty Improvement Plan for the Project provides that , " (aJs to ta increments generated with the Project Area, no loans, advanes or indebtedess shall be estblished or incured by the Commssion afer theexon of twenty year frm (the) date upon which ths Plan was adopted withoutfi amendment to ths Plan ; and WHREAS, the Communty Improvement Commssion of the City of Alamed (th "Commssion ), has been designated as the offcial redevelopment agency in theCi of Alameda to car out the fuctions and requiements of the Communty Redelopment Law of the State of Californa (Heath and Safety Code Section 33000 et seq.) an to implement the Communty Improvement Pla1; and WHREAS, Section 33333.6 of the Communty Redevelopment Law, asamen by SB 211 which took .effect on Janua 1 , 2002 , authorizes redevelopment. agenes to eliminate the time limit on the establishment of loan, advances , andindebess contained in redevelopment plans. NOW , THREFORE , THE CITY COUNCIL OF TH CITY OF ALAMDA CALORN, DOES HEREBY ORDAI AS FOLLOWS: Section The Communty Improvement Plan for the West End Communty Improvement Project is hereby amended to elimate the time limt on the establishment ofloa, advances, and indebtedness established by Ordinance No. 2141. Section 2.Ordinance Nos. 2141 , 2222 and 2682 are continued in full force and effec as amended by this Ordinance. , the undersigned, hereby certify that the foregoing Ordinance was duly and regularly adopted and passed by the Council of the City of Alameda in a regular meeting assembled on the 19 day of November, 2002 by the following vote to wit: AYES:Council members Daysog, Johnson, Kerr , and Acting Mayor DeWitt - 4. NOES:None. ABSENT:None. ABSTENTIONS:None. IN WITNSS , WHEREOF, I have hereunto set my hand and affxed the offcial seal of said City thsth day of November, 2002. LtJ W Lara Weisiger, City Cl City of Alameda