Redevelopment Revolving Fund
Known as the Community Redevelopment Law
The act spans §§ 33000–33855 (601 sections).
Added by Stats. 1963, Ch. 1812.
By resolution of the legislative body adopted by a majority vote, any money in the redevelopment revolving fund may be expended from time to time for:
(a) The acquisition of real property in any project area.
(b) The clearance, aiding in relocation of site occupants, and preparation of any project area for redevelopment.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.