Jurris.COM

Article 1. Definitions of California Health And Safety Code >> Division 24. >> Part 1. >> Chapter 9. >> Article 1.

The definitions contained in this article govern the construction of this chapter, unless the context requires otherwise.
"Indebtedness" means any obligations incurred by a redevelopment agency prior to July 1, 1978, the payment of which is to be made in whole or in part out of taxes allocated to the agency pursuant to Section 33670 and includes:
  (a) Bonds, notes, interim certificates, debentures, or other obligations issued by an agency (whether funded, refunded, assumed or otherwise) pursuant to Article 5 (commencing with Section 33640) of Chapter 6 of this part.
  (b) Loans or moneys advanced to the agency, including, but not limited to, loans from federal, state or local agencies.
  (c) A contractual obligation which, if breached, could subject the agency to damages or other liabilities or remedies.
  (d) An obligation incurred pursuant to Section 33445.
  (e) Indebtedness incurred pursuant to Section 33334.2.
  (f) Obligations imposed by law with respect to activities which occurred prior to July 1, 1978.
"Indebtedness" also means a loan from the Local Agency Indebtedness Fund pursuant to Article 6.5 (commencing with Section 16496) of Chapter 3 of Part 2 of Division 4 of Title 2 of the Government Code for the purpose of making payments of principal or interest with respect to indebtedness specified in Section 33801.
"Payment" means any payment of principal or interest payable with respect to indebtedness payable from taxes allocated pursuant to subdivision (b) of Section 33670, which is as defined in Section 33801 or 33802, including redemption payments and any administrative costs associated with the payment of such indebtedness.
"Persons and families of low or moderate income" has the same meaning as defined in Section 50093.