Section 33607.8 Of Article 1. General From California Health And Safety Code >> Division 24. >> Part 1. >> Chapter 6. >> Article 1.
33607.8
. (a) Notwithstanding any other provision of law, a
redevelopment agency may make payments from tax increment funds to an
affected taxing entity that is a state water supply contractor in
accordance with both of the following requirements:
(1) The payment shall not exceed the amount that, but for the
activities of the redevelopment agency, otherwise would have been
received by the affected taxing entity pursuant to a tax that was
originally approved by the state's voters prior to July 1, 1978.
(2) The payments shall be made for the purpose of funding the
payments of the state water supply contractor pursuant to its water
supply contract with the Department of Water Resources for the costs
of building, operating, maintaining, and replacing the State Water
Resources Development System.
(b) Allocations made by a redevelopment agency for payments made
pursuant to subdivision (a) shall not cause any reduction in payments
to an affected taxing entity pursuant to paragraph (2) of
subdivision (a) of Section 33607.5.
(c) For purposes of this section:
(1) "State Water Resources Development System" has the same
meaning as used in Section 12931 of the Water Code.
(2) "State water supply contractor" has the same meaning as used
in Section 11975 of the Water Code.