Section 33485 Of Article 16. Merger Of Project Areas From California Health And Safety Code >> Division 24. >> Part 1. >> Chapter 4. >> Article 16.
33485
. The Legislature finds and declares that the provisions of
this part, which require that taxes allocated pursuant to Section 16
of Article XVI of the California Constitution and Section 33670 be
applied to the project area in which those taxes are generated, are
designed to assure (1) that project areas are terminated when the
redevelopment of those areas has been completed and (2) that the
increased revenues that result from redevelopment accrue to the
benefit of affected taxing jurisdictions at the completion of
redevelopment activities in a project area. Mergers of project areas
are desirable as a matter of public policy if they result in
substantial benefit to the public and if they contribute to the
revitalization of blighted areas through the increased economic
vitality of those areas and through increased and improved housing
opportunities in or near such areas. The Legislature further finds
and declares that it is necessary to enact a statute that sets out
uniform statewide standards for merger of project areas to assure
that those mergers serve a vital public purpose.