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Code · California · Health and Safety Code

§ 34170.5

54 words·~1 min read·/ca/health-and-safety-code/34170-5

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(a)The successor agency shall create within its treasury a Redevelopment Obligation Retirement Fund to be administered by the successor agency.
(b)The county auditor-controller shall create within the county treasury a Redevelopment Property Tax Trust Fund for the property tax revenues related to each former redevelopment agency, for administration by the county auditor-controller.
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