Redevelopment Agencies Dissolved
The State of California dissolved all Redevelopment Agencies throughout the State with the passage of Assembly Bills 1X26 and 1X27, which Governor Jerry Brown signed on June 30, 2011.
The effect of this legislation prohibits agencies to incur new debt or to enter into new contractual obligations. Contractual debt obligations in existence prior to dissolving the redevelopment agencies will be honored.
For more information, contact us at 323-887-1386