California Health and Safety Code

§ 34191.5

HSC § 34191.5 Effective Sep 22, 2015Div. 24 · Part 1.85 · Ch. 9

Statute text

(a)There is hereby established a Community Redevelopment Property Trust Fund, administered by the successor agency, to serve as the repository of the former redevelopment agency’s real properties identified in subparagraph (C) of paragraph (5) of subdivision (c) of Section 34179.5.

(b)The successor agency shall prepare a long-range property management plan that addresses the disposition and use of the real properties of the former redevelopment agency. If the former redevelopment agency did not have real properties, the successor agency shall prepare a long-range property management plan certifying that the successor agency does not have real properties of the former redevelopment agency for disposition or use. The plan shall be submitted to the oversight board and the Department of Finance for approval no later than six months following the issuance to the successor agency of the finding of completion.

(c)The long-range property management plan shall do all of the following:

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Legislative history

Amended by Stats. 2015, Ch. 325, Sec. 22. (SB 107) Effective September 22, 2015.