California Government Code

§ 62456

GOV § 62456 Effective Jan 1, 2026Div. 8 · Title 6

Statute text

After receipt of a copy of the resolution of intention to establish the district, the official designated pursuant to Section 62455 shall prepare a proposed downtown revitalization financing plan. The downtown revitalization financing plan shall be consistent with the general plan and applicable specific plans, and shall include all of the following:

(a)A map and legal description of the proposed district, which may include all or a portion of the district designated by the governing body in its resolution of intention.

(b)A description of the potential commercial-to-residential conversion projects that are proposed in the area of the district. A commercial-to-residential conversion project may be mixed use, but at least 60 percent of the square footage of the commercial-to-residential conversion shall be designated for residential use. Mixed-use developments shall be limited to residential and commercial uses.

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Legislative history

Amended by Stats. 2025, Ch. 642, Sec. 7. (AB 1445) Effective January 1, 2026.