Zoning, Planning and Use
Jul. 28, 2011
Redevelopment agencies head into reassessment mode
Restrictions increase in light of the looming dissolution of redevelopment agencies. By Amy E. Freilich and William F. Delvac of Armbruster Goldsmith & Delvac LLP
Redevelopment agencies in California have been dramatically affected by two recent bills signed into law by Gov. Jerry Brown. AB 1X 26 dissolves redevelopment agencies effective Oct. 1, and severely restricts their activities in the interim. Among other things, this bill prohibits redevelopment agencies from: entering into contracts; amending existing contracts; incurring, refunding or restructuring debt unless required t...
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