California Health and Safety Code

§ 33433

HSC § 33433 Effective Jan 1, 1997Div. 24 · Part 1 · Ch. 4 · Art. 11

Statute text

(a)(1) Except as provided in subdivision (c), before any property of the agency acquired in whole or in part, directly or indirectly, with tax increment moneys is sold or leased for development pursuant to the redevelopment plan, the sale or lease shall first be approved by the legislative body by resolution after public hearing. Notice of the time and place of the hearing shall be published in a newspaper of general circulation in the community at least once per week for at least two successive weeks, as specified in Section 6066 of the Government Code, prior to the hearing.

(2)The agency shall make available, for public inspection and copying at a cost not to exceed the cost of duplication, a report no later than the time of publication of the first notice of the hearing mandated by this section. This report shall contain both of the following:

(A)A copy of the proposed sale or lease.

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Legislative history

Amended by Stats. 1996, Ch. 64, Sec. 1. Effective January 1, 1997.