HomeMy WebLinkAboutCC Res 2959 1980-04-14
I
RESOLUTION NO. c29t:!.-r
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF SEAL BEACH, CALIFORNIA,
OPPOSING STATE ASSEMBLY BILL NO. 2257
CONCERNING THE RESTRICTION OF THE
INTRA-AGENCY USE OF TAX INCREMENT
FUNDS OUTSIDE OF PROJECT AREAS FROM
WHICH SUCH FUNDS ARE GENERATED.
WHEREAS,
existing law allows a Redevelopment Agency to use
proceeds of tax increment revenues in project
areas of such agency other than the one from which
such revenues were generated; and
WHEREAS,
the enactment into law of Assembly Bill No. 2257
would result in a major revision of the existing
law affecting the financial capability of Redevelop-
ment Agencies to carry out their functions.
I
NOW, THEREFORE, BE IT RESOLVED by the Redevelopment Agency of
the City of Seal Beach that it opposes the enactment into law
of Assembly Bill No. 2257 and strongly urges the legislature
and its committees to disapprove said bill.
BE IT FURTHER RESOLVED by the Redevelopment Agency of the City
of Seal Beach that the City Clerk shall transmit copies of this
resolution to the appropriate elected officials throughout the
State of California.
PASSED, APPROVED AND ADOPTED by the City Council of the ~~f
Seal Be~ali~nia, at a meeting thereof on the / _
day of !A./' ,198 by the following vote:
AYES:
NOES:
ABSENT:
Councilmember
1
Councilmember
Counci 1 member
I
Mayo1'"' ~