California Statutes
§ 34193.2. — 34193.2. (Added by Stats. 2011, 1st Ex. Sess., Ch. 6, Sec. 2.)
California·Code HSC Health and Safety Code - HSC·Div. 24. DIVISION 24. COMMUNITY DEVELOPMENT AND HOUSING·Part 1.9. PART 1.9. Alternative Voluntary Redevelopment Program·Ch. 2. CHAPTER 2. Continued Agency Existence
The community remittances that are made under this part are intended to benefit the community by ensuring improved educational and other community services in the areas served by the redevelopment agency.
(a)A city or county’s agreement to remit revenues to school entities and special districts under this part is a precondition to continue redevelopment pursuant to this part.
(b)Participation in the alternative voluntary redevelopment program shall also constitute an agreement, on the part of a city or county, that it assigns its rights to any payments owed from a redevelopment agency, including, but not limited to, payments from loan agreements, to the
state, in the event that the city or county fails to make a remittance required pursuant to this part.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 34193.2. (34193.2. (Added by Stats. 2011, 1st Ex. Sess., Ch. 6, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2011, 1st Ex. Sess., Ch. 6, Sec. 2. (AB 27 1x) Effective June 29, 2011. Ruled unconstitutional per California Redevelopment Assn. v. Matosantos (2011) 53 Cal.4th 231.