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Section 33492.92 Of Article 6. Mare Island Redevelopment Project Area From California Health And Safety Code >> Division 24. >> Part 1. >> Chapter 4.5. >> Article 6.
33492.92
. (a) This section shall apply to a redevelopment project
area that is adopted pursuant to this article and the territory of
which includes the Mare Island Naval Shipyard.
(b) Notwithstanding any other provision of law, the redevelopment agency shall make payments to affected taxing entities required by subdivision (a) of Section 33607.5, except that each of the time periods governing the payments shall be calculated from the date the county auditor makes the certification to the Director of Finance pursuant to Section 33492.9 instead of from the first fiscal year in which the agency receives tax-increment revenue.
(b) Notwithstanding any other provision of law, the redevelopment agency shall make payments to affected taxing entities required by subdivision (a) of Section 33607.5, except that each of the time periods governing the payments shall be calculated from the date the county auditor makes the certification to the Director of Finance pursuant to Section 33492.9 instead of from the first fiscal year in which the agency receives tax-increment revenue.
