Section 33492.29 Of Article 1. General Provisions From California Health And Safety Code >> Division 24. >> Part 1. >> Chapter 4.5. >> Article 1.
33492.29
. An ordinance adopting a redevelopment plan under this
chapter shall include a finding that the effect of tax increment
financing will not cause a significant financial burden or detriment
on any taxing agency deriving revenues from a project area. This
finding shall only be required when the project is financed in part
or in whole from revenues derived from the allocation of taxes
pursuant to Section 33670.