Section 67478 Of Title 7.75. California State University, Channel Islands Site Authority Act From California Government Code >> Title 7.75.
67478
. (a) The authority shall adopt a plan to use ad valorem
property tax revenues for the benefit or support of the development
of the California State University campus on the site, including, but
not limited to, the mitigation of project-specific and cumulative
onsite and offsite environmental impact attributable to the
development of the campus as follows:
(1) As identified in the final environmental impact report for the
long-term development of the campus.
(2) As determined by the trustees and the County of Ventura
pursuant to an agreement under Article 2.5 (commencing with Section
65864) of Chapter 4 of Division 1 of Title 7.
(b) The authority's plan pursuant to subdivision (a) may contain a
provision to divide taxes pursuant to Section 33670 of the Health
and Safety Code. If the plan contains a provision to divide taxes
pursuant to Section 33670 of the Health and Safety Code, the
authority shall be subject to Sections 33492.13, 33492.15, 33492.16,
33492.28, and 33492.29 of the Health and Safety Code.