California Health and Safety Code

§ 34177.7

HSC § 34177.7 Effective Jan 1, 2024Div. 24 · Part 1.85 · Ch. 3

Statute text

(a)(1) In addition to the powers granted to each successor agency, and notwithstanding anything in the act adding this part, including, but not limited to, Sections 34162 and 34189, the successor agency to the Redevelopment Agency of the City and County of San Francisco shall have the authority, rights, and powers of the Redevelopment Agency to which it succeeded solely for the purpose of issuing bonds or incurring other indebtedness to finance:

(A)The affordable housing required by the Mission Bay North Owner Participation Agreement, the Mission Bay South Owner Participation Agreement, the Disposition and Development Agreement for Hunters Point Shipyard Phase 1, the Candlestick Point-Hunters Point Shipyard Phase 2 Disposition and Development Agreement, and the Transbay Implementation Agreement.

(B)The infrastructure required by the Transbay Implementation Agreement.

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Legislative history

Amended by Stats. 2023, Ch. 782, Sec. 2.5. (SB 593) Effective January 1, 2024.