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.