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CALIFORNIA STATUTES AND CODES
SECTIONS 67700
GOVERNMENT CODE
SECTION 67700
67700. This title shall become inoperative when the board determines that 80 percent of the territory of Fort Ord that is designated for development or reuse in the plan prepared pursuant to this title has been developed or reused in a manner consistent with the plan adopted or revised pursuant to Section 67675, or June 30, 2014, whichever occurs first, and on January 1, 2015, this title is repealed. The Monterey County Local Agency Formation Commission shall provide for the orderly dissolution of the authority including insuring that all contracts, agreements, and pledges to pay or repay money entered into by the authority are honored and properly administered, and that all assets of the authority are appropriately transferred.
SECTION 67700
67700. This title shall become inoperative when the board determines that 80 percent of the territory of Fort Ord that is designated for development or reuse in the plan prepared pursuant to this title has been developed or reused in a manner consistent with the plan adopted or revised pursuant to Section 67675, or June 30, 2014, whichever occurs first, and on January 1, 2015, this title is repealed. The Monterey County Local Agency Formation Commission shall provide for the orderly dissolution of the authority including insuring that all contracts, agreements, and pledges to pay or repay money entered into by the authority are honored and properly administered, and that all assets of the authority are appropriately transferred.
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