Tag: Redevelopment

California Supreme Court Upholds Legislation to Eliminate Redevelopment Agencies, Invalidates Option for Agencies Survive by Sharing Tax Revenue

In a decision reflecting perhaps the worst-case scenario for the redevelopment community, the California Supreme Court largely upheld Assembly Bill X1 26, which requires the dissolution of redevelopment agencies across the State, but invalidated Assembly Bill X1 27, which would have given redevelopment agencies an option of continuing to exist if the agencies shared their … Continue Reading
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