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California Code, Health and Safety Code - HSC § 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.

Cite this article: - California Code, Health and Safety Code - HSC § 34170.5 - last updated January 01, 2019 |

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