Section 33671 Of Article 6. Taxation From California Health And Safety Code >> Division 24. >> Part 1. >> Chapter 6. >> Article 6.
33671
. In any redevelopment plan or in the proceedings for the
advance of moneys, or making of loans, or the incurring of any
indebtedness (whether funded, refunded, assumed, or otherwise) by the
redevelopment agency to finance or refinance, in whole or in part,
the redevelopment project, the portion of taxes mentioned in
subdivision (b) of Section 33670 may be irrevocably pledged for the
payment of the principal of and interest on such loans, advances, or
indebtedness.