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Expert Analysis

No More Redevelopment Agencies In Calif.

Law360, New York (January 9, 2012, 5:02 PM EST) -- On Dec. 29, 2011, the California Supreme Court released its decision in California Revelopment Association et. al. v. Matosantos and, in what represents the worst case scenario for redevelopment agencies, the court upheld the legislation abolishing redevelopment agencies and also invalidated the companion bill that gave redevelopment agencies the opportunity to continue in existence by remitting tax increment to the state....

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