Section 33481 Of Article 15. Merger Of Redevelopment Project Areas In The Cities Of Chula Vista, San Jose, And Santa Fe Springs From California Health And Safety Code >> Division 24. >> Part 1. >> Chapter 4. >> Article 15.
33481
. If the redevelopment agency has, prior to merger of
redevelopment project areas pursuant to Section 33480, incurred any
indebtedness on account of a constituent project area so merged,
taxes attributable to that area which are allocated to the agency
pursuant to Section 33670 shall be first used to comply with the
terms of any bond resolution or other agreement pledging such taxes
from the constituent project area.