Redevelopment: plan amendment.

The Community Redevelopment Law authorizes the establishment of redevelopment agencies in communities to address the effects of blight in those communities. Existing law requires each agency to prepare or cause to be prepared, and approve, a redevelopment plan for each project area. Existing law requires that a redevelopment plan contain specified time limitations and authorizes the extension of time limitations under specified circumstances. This bill would authorize an agency to extend the time limitation on the effectiveness of a redevelopment plan and on the payment of indebtedness and receipt of property taxes for not more than 10 years if the agency determines, based on substantial evidence that, among other conditions, at least 25% of the project area is property where the agency is authorized to take action to remedy or remove a release of hazardous substances pursuant to existing law. The bill would require the agency to include in certain reports specified information relating to that property and would make other related and conforming changes. The bill would specify that it applies only to territory within the original boundary of a specified project area of the Carson Redevelopment Agency. The bill would also declare the need for a special statute.