General Provisions

Cal. GOV § 53395.4

California Statutes

(

a) A district may finance only the facilities or services authorized in this

chapter to the extent that the facilities or services are in addition to those provided in the territory of the district before the district was created. The additional facilities or services may not supplant facilities or services already available within that territory when the district was created but may supplement those facilities and services as needed to serve new developments. (

b) A district may include areas that are not contiguous. (

c) A district may finance a project or portion of a project that is located in, or overlaps with, a redevelopment project area or former redevelopment project area. The successor agency to the former redevelopment agency shall receive a finding of completion, as defined in

Section 34179.7 of the Health and Safety Code, prior to the district financing any project or portion of a project under this subdivision. (

d) Notwithstanding subdivision (c), any debt or obligation of a district shall be subordinate to an enforceable obligation of a former redevelopment agency, as defined in

Section of the Health and Safety Code. For the purposes of this chapter, the division of taxes allocated to the district pursuant to subdivision (

b) of

Section shall not include any taxes required to be deposited by the county auditor-controller into the Redevelopment Property Tax Trust Fund created pursuant to subdivision (

b) of

Section 34170.5 of the Health and Safety Code. (

e) The legislative body of the city or county forming the district may choose to dedicate any portion of its net available revenue to the district through the financing plan described in

Section 53395.14. (

f) For the purposes of this section, “net available revenue” means periodic distributions to the city or county from the Redevelopment Property Tax Trust Fund, created pursuant to

Section 34170.5 of the Health and Safety Code, that are available to the city or county after all preexisting legal commitments and statutory obligations funded from that revenue are made pursuant to

Part 1.85 (commencing with

Section 34170) of Division of the Health and Safety Code. Net available revenue shall not include any funds deposited by the county auditor-controller into the Redevelopment Property Tax Trust Fund or funds remaining in the Redevelopment Property Tax Trust Fund prior to distribution. Net available revenues shall not include any moneys payable to a school district that maintains kindergarten and grades to 12, inclusive, community college districts, or to the Educational Revenue Augmentation Fund, pursuant to paragraph (4) of subdivision (

a) of

Section of the Health and Safety Code.

Document details

CollectionCalifornia Statutes
CitationCal. GOV § 53395.4
Date2014-02-18
Typestatute
Languageen
SourceCA_STAT
IdentifierGOV53395.4.201411

General Provisions

Cal. GOV § 53395.4

California Statutes

General Provisions

Cal. GOV § 53395.4

California Statutes

(

a) A district may finance only the facilities or services authorized in this

chapter to the extent that the facilities or services are in addition to those provided in the territory of the district before the district was created. The additional facilities or services may not supplant facilities or services already available within that territory when the district was created but may supplement those facilities and services as needed to serve new developments. (

b) A district may include areas that are not contiguous. (

c) A district may finance a project or portion of a project that is located in, or overlaps with, a redevelopment project area or former redevelopment project area. The successor agency to the former redevelopment agency shall receive a finding of completion, as defined in

Section 34179.7 of the Health and Safety Code, prior to the district financing any project or portion of a project under this subdivision. (

d) Notwithstanding subdivision (c), any debt or obligation of a district shall be subordinate to an enforceable obligation of a former redevelopment agency, as defined in

Section of the Health and Safety Code. For the purposes of this chapter, the division of taxes allocated to the district pursuant to subdivision (

b) of

Section shall not include any taxes required to be deposited by the county auditor-controller into the Redevelopment Property Tax Trust Fund created pursuant to subdivision (

b) of

Section 34170.5 of the Health and Safety Code. (

e) The legislative body of the city or county forming the district may choose to dedicate any portion of its net available revenue to the district through the financing plan described in

Section 53395.14. (

f) For the purposes of this section, “net available revenue” means periodic distributions to the city or county from the Redevelopment Property Tax Trust Fund, created pursuant to

Section 34170.5 of the Health and Safety Code, that are available to the city or county after all preexisting legal commitments and statutory obligations funded from that revenue are made pursuant to

Part 1.85 (commencing with

Section 34170) of Division of the Health and Safety Code. Net available revenue shall not include any funds deposited by the county auditor-controller into the Redevelopment Property Tax Trust Fund or funds remaining in the Redevelopment Property Tax Trust Fund prior to distribution. Net available revenues shall not include any moneys payable to a school district that maintains kindergarten and grades to 12, inclusive, community college districts, or to the Educational Revenue Augmentation Fund, pursuant to paragraph (4) of subdivision (

a) of

Section of the Health and Safety Code.

Document details

CollectionCalifornia Statutes
CitationCal. GOV § 53395.4
Date2014-02-18
Typestatute
Languageen
SourceCA_STAT
IdentifierGOV53395.4.201411