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Expert Analysis

Calif. Redevelopment Agencies — Abolished

Law360, New York (August 5, 2011, 6:26 PM EDT) -- On June 29, 2011, Gov. Edmund G. Brown signed ABx1 26 into law, fulfilling his promise to abolish California's nearly 400 redevelopment agencies (the "RDAs") as part of his 2011-2012 budget. In conjunction with ABx1 26 (the "RDA Abolition Bill"), the governor signed ABx1 27 (the "Opt-In Program"), through which RDAs wishing to continue their redevelopment activities may do so upon making certain voluntary payments to the state....

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