Cal. Health & Saf. Code § 33671

Current through the 2023 Legislative Session.
Section 33671 - Irrevocable pledge of portion of taxes

In any redevelopment plan or in the proceedings for the advance of moneys, or making of loans, or the incurring of any indebtedness (whether funded, refunded, assumed, or otherwise) by the redevelopment agency to finance or refinance, in whole or in part, the redevelopment project, the portion of taxes mentioned in subdivision (b) of Section 33670 may be irrevocably pledged for the payment of the principal of and interest on such loans, advances, or indebtedness.

Ca. Health and Saf. Code § 33671

Added by Stats. 1963, Ch. 1812.