California Government Code

§ 62006

GOV § 62006 Effective Jan 1, 2022Div. 4 · Title 6 · Part 1

Statute text

(a)The authority shall require the preparation of an annual independent financial audit paid for from revenues of the authority, and review the plan at least annually and make any amendments that are necessary and appropriate in accordance with the following procedures:

(1)Amendments to an approved plan, including proposals to finance affordable housing pursuant to Part 2, and additional eligible projects, may be approved by a majority vote of the authority’s governing board at a public hearing held following the provision of a 30-day mailed notice describing the proposed changes to all property owners, residents and taxing agencies.

(2)Amendments that propose any of the following shall be adopted in accordance with all notice and hearing requirements for the affected landowners and residents within the proposed additional territory applicable to an initial plan set forth in Section 62004:

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Legislative history

Amended by Stats. 2021, Ch. 391, Sec. 10. (SB 780) Effective January 1, 2022.