SECTIONS 33480-33484 - California Statutes

HEALTH AND SAFETY CODE

SECTION 33480-33484

33480. For the purpose of allocating taxes pursuant to Section
33670 and subject to the provisions of this article, redevelopment
project areas under the jurisdiction of the redevelopment agency of
the Cities of Chula Vista, San Jose, and Santa Fe Springs, for which
redevelopment plans have been adopted pursuant to Article 5
(commencing with Section 33360) of this chapter, may be merged,
irrespective of contiguity, by the amendment of each affected
redevelopment plan as provided in Article 12 (commencing with Section
33450) of this chapter. Each constituent project area so merged
shall continue under its own redevelopment plan, but, except as
otherwise provided in this article, taxes attributable to each
project area merged pursuant to this section which are allocated to
the redevelopment agency pursuant to Section 33670 may be allocated,
as provided in subdivision (b) of such section, to the entire merged
project area for the purpose of paying the principal of and interest
on loans, moneys advanced to, or indebtedness (whether funded,
refunded, assumed, or otherwise) incurred by the redevelopment agency
to finance or refinance, in whole or in part, such merged
redevelopment project.

33481. If the redevelopment agency has, prior to merger of
redevelopment project areas pursuant to Section 33480, incurred any
indebtedness on account of a constituent project area so merged,
taxes attributable to that area which are allocated to the agency
pursuant to Section 33670 shall be first used to comply with the
terms of any bond resolution or other agreement pledging such taxes
from the constituent project area.

33482. The redevelopment plan for a project area which is merged
pursuant to Section 33480 shall be amended in the same manner as
other redevelopment plans are amended. Notice of the public hearing
shall be mailed to the last known assessee of each parcel of land not
owned by the agency within the boundaries of the project area
described in the redevelopment plan being amended. Notice of the
public hearing need not be mailed to assessees of parcels of land
within the boundaries of other project areas combined into a merged
project area pursuant to Section 33480, except that notice of the
public hearing shall be given to the project area committee for each
project area which is part of the merged project area.

33483. Not less than 20 percent of all taxes which are allocated to
the redevelopment agency pursuant to Section 33670 for redevelopment
projects merged pursuant to this article, irrespective of the date
of adoption of the final redevelopment plans, shall be used for the
purposes set forth in Section 33334.2.

33484. This article shall be applicable only to redevelopment
projects of the redevelopment agency of the Cities of Chula Vista,
San Jose, and Santa Fe Springs for which a final redevelopment plan
was adopted by ordinance on or before January 1, 1979.
The Legislature finds and declares that conditions unique to the
financing of redevelopment in the Cities of Chula Vista, San Jose,
and Santa Fe Springs require the granting of authority to merge
project areas.