Section 33354.6 Of Article 4. Preparation And Adoption Of Redevelopment Plans By The Agency From California Health And Safety Code >> Division 24. >> Part 1. >> Chapter 4. >> Article 4.
33354.6
. (a) When an agency proposes to amend a redevelopment plan
which utilizes tax increment financing to add new territory to the
project area, to increase either the limitation on the number of
dollars to be allocated to the redevelopment agency or the time limit
on the establishing of loans, advances, and indebtedness established
pursuant to paragraphs (1) and (2) of subdivision (a) of Section
33333.2 or pursuant to paragraphs (1) and (2) of subdivision (a) of
Section 33333.4, to lengthen the period during which the
redevelopment plan is effective, to merge project areas, or to add
significant additional capital improvement projects, as determined by
the agency, the agency shall follow the same procedure, and the
legislative body is subject to the same restrictions as provided for
in this article for the adoption of a plan.
(b) When an agency proposes to increase the limitation on the
number of dollars to be allocated to the redevelopment agency, it
shall describe and identify, in the report required by Section 33352,
the remaining blight within the project area, identify the portion,
if any, that is no longer blighted, the projects that are required to
be completed to eradicate the remaining blight and the relationship
between the costs of those projects and the amount of increase in the
limitation on the number of dollars to be allocated to the agency.
The ordinance adopting the amendment shall contain findings that both
(1) significant blight remains with the project area and (2) the
blight cannot be eliminated without the establishment of additional
debt and the increase in the limitation on the number of dollars to
be allocated to the redevelopment agency.