December 2011

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City will evaluate scope of California Supreme Court’s ruling regarding redevelopment agencies

City will evaluate scope of California Supreme Court’s ruling regarding redevelopment agencies

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In an opinion issued today, the California Supreme Court largely upheld the provisions of Assembly Bill 1X 26 – which terminates new activity by redevelopment agencies and reallocates to the state and other entities the tax increment proceeds used by Mission Viejo to provide for a number of infrastructure improvements and to satisfy state-mandated housing [...]

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