Redevelopment agency definition
Examples of Redevelopment agency in a sentence
On January 9, 2012, the City Council elected to become the Successor Agency for the former Redevelopment agency in accordance with the Bill as part of City Resolution No. 2 (2012).After enactment of the law, which occurred on June 28, 2011, redevelopment agencies in the State of California were prohibited from entering into new projects, obligations or commitments.
Among the reasons were due to efficiency it is more efficient to have one group of people operating the area of operation for the Downtown Development Authority right now is coterminous with the area of Urban Redevelopment agency with the exception of the expansion area where you get for the new city center and the trail.
Boardmember Paul motioned to approve Resolution 21-2 Amending the by-laws of the Redevelopment agency of Roy City.
MANAGER DOES NOT CARRY AND IS NOT OBLIGATED TO CARRY ANY INSUR- ANCE COVERAGE FOR THE PROPERTY TENANTS STORES IN THE UNIT, FOR LOSS CAUSED BY FIRE OR OTHER CASUALTY, THEFT, ACT OF GOD OR OTHERWISE.
Redevelopment agency dissolution statues provide that if the City disposes of the property, the affected taxing agencies – including Calleguas – would be entitled to net proceeds of the sale proportional to their shares of the base property tax revenues.