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April 2014 Archives

Return Of The Jedi: Will Redevelopment Agencies Be Revived In California?

In 2011, the California Legislature, at the urging of Governor Jerry Brown, dissolved all California redevelopment agencies (RDAs). The first bill that Brown signed into law prevented RDAs from engaging in new activities and outlined a process for winding down their financial affairs. The second bill allowed individual RDAs to avoid dissolution if they made "substantial" annual payments into a Special District Allocation and Educational Revenue Augmentation Fund.