DIVISION 24. COMMUNITY DEVELOPMENT AND HOUSING [33000 - 37964]›PART 1.85. DISSOLUTION OF REDEVELOPMENT AGENCIES AND DESIGNATION OF SUCCESSOR AGENCIES [34170 - 34191.6]›CHAPTER 1. Effective Date, Creation of Funds, and Definition of Terms [34170 - 34171]

§ 34170.5

Health and Safety Code §§ 34161–34191.55 — Redevelopment Agency Dissolution and Successor Agencies (Division 24, Parts 1.8, 1.85, 1.87) · 2026 edition · updated 2026-09-22 · California

34170.5. (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.

(Added by Stats. 2011, 1st Ex. Sess., Ch. 5, Sec. 7. (AB 26 1x) Effective June 29, 2011. Operative February 1, 2012.)

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▸Contents — Health and Safety Code §§ 34161–34191.55 — Redevelopment Agency Dissolution and Successor Agencies (Division 24, Parts 1.8, 1.85, 1.87)

Health and Safety Code §§ 34161–34191.55 — Redevelopment Agency Dissolution and Successor Agencies (Division 24, Parts 1.8, 1.85, 1.87)

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