Calif. Redevelopment Elimination – Not Yet

West Coast Land Use and Environment Associate Chelsea Maclean authored a Law360 article titled "Calif. Redevelopment Elimination – Not Yet"

In the article, Ms. Maclean discusses the recent California Supreme Court orders regarding redevelopment agencies (RDAs). On Aug. 11, the California Supreme Court issued an order temporarily staying portions of the redevelopment legislation that would eliminate California redevelopment agencies (RDAs). The court modified the order on Aug. 17 to clarify some ambiguities in the original order. While the orders have effectively frozen the ability of RDAs to conduct new business, obligations under existing contracts (including owner participation agreements or other agreements entered into prior to the enactment of the legislation) will remain intact. Further, for the time being, the court's orders stayed the schedule for eliminating RDAs, transferring RDA assets and responsibilities to successor agencies and deadlines by which RDAs must elect whether to enter into a new voluntary program.

Read the full article (subscription required).