The following terms, used in this article, shall have the following meanings:
The streets bounding the project area are included therein, and this does not constitute a change in, but is declaratory of the existing law.
Pursuant to an agreement between the authority and the City of Sacramento, the boundaries of the project area established by this section may be amended by a resolution adopted by the authority to include all or any portion of the blocks bounded on the west by 5th Street, on the north by "N" Street, on the east by 7th Street, and on the south by "P" Street, upon the effective date of an ordinance adopted by the City of Sacramento amending the boundaries of the city's redevelopment project area to detach all or any portion of those blocks from the city's redevelopment project area for the purpose of including that area within the project area established by this section. For the purposes of paragraph (1) of subdivision (b) of Section 8183, the assessed value of the property detached from the city's redevelopment project area and included within the project area established by this section shall be that portion of the assessed value of that property upon which taxes were allocated to the taxing agencies immediately prior to the effective date of the resolution and shall exclude that portion of the assessed value of that property upon which taxes were allocated to the city's redevelopment agency.
In the event that the project area is not amended as described in this section, the city's redevelopment agency may satisfy any replacement housing obligations that result from the development of any portion of the blocks bounded on the west by 5th Street, on the north by "N" Street, on the east by 7th Street, and on the south by "P" Street within that portion of the project area agreed to by the authority and the City of Sacramento.
Ca. Gov. Code § 8180