Redevelopment Dissolution Statutes definition

Redevelopment Dissolution Statutes means collectively ABx1 26 enacted in June 2011, and AB 1484 enacted in June 2012.
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Examples of Redevelopment Dissolution Statutes in a sentence

  • The Redevelopment Dissolution Statutes govern the dissolution of the former RDA, which includes this disposition of its former real property.At the time of its dissolution, the former RDA owned one property and the property was transferred to the Successor Agency.The Successor Agency obtained a “finding of completion” from State of California Department of Finance on October 3, 2013, pursuant to Health and Safety Code Section 34179.7. A copy of the FOC is attached as Exhibit A.

  • If, at the time of a proposed amendment of this Agreement, the Successor Agency and the Oversight Board have been terminated in accordance with the applicable provisions of the Redevelopment Dissolution Statutes, then the proposed amendment shall not require execution by the terminated Successor Agency or approval by the terminated Oversight Board.

  • As an Affected Taxing Entity under the Redevelopment Dissolution Statutes, in the future the City should receive back from the County of Los Angeles Auditor-Controller the equivalent of approximately 26 percent of the acquisition funds provided to the Community Redevelopment Agency(CRA)/LA, an amount estimated at $191,000 to be deposited in the General Fund.

  • Thus, the LRPMP is due to DOF by February 7, 2014.The Successor Agency is now responsible for disposition of the properties in accordance with the procedures and requirements of the Redevelopment Dissolution Statutes, and the first step is to prepare the LRPMP.

  • As authorized under the "Redevelopment Dissolution Statutes (Part 1.8 and 1.85 of Division 24 of the Health and Safety Code), the Successor Agency has prepared, and the California Department of Finance has approved, a Long Range Property Management Plan ("LRPMP").

  • These Redevelopment Dissolution Statutes govern the dissolution of the former RDA, which includes the disposition of the former RDA’s real property.

  • The Successor Agency is now responsible for disposition of the Properties in accordance with the procedures and requirements of Redevelopment Dissolution Statutes, with particular reference to Health and Safety Code Section 34191.1, 34191.3, 34191.4(a), and 34191.5. Property Uses/Disposition.

  • Upon the future sale of the CRA/LA Parcels, the City, as an Affected Taxing Entity under the Redevelopment Dissolution Statutes, will receive approximately 26 percent of the sales proceeds from the County Auditor­Controller.

  • Unless otherwise specified, code section references contained in this Revised Part II are to sections of the California Health and Safety Code added by the Redevelopment Dissolution Statutes.

  • The waiver by either party of a breach or violation of any provisions of this Agreement shall not operate as or be construed to be a waiver of any subsequent breach hereof.

Related to Redevelopment Dissolution Statutes

  • Event of Dissolution shall have the meaning set forth in Section 10.1.

  • Dissolution Regulations means the Charitable Incorporated Organisations (Insolvency and Dissolution) Regulations 2012.

  • Winding Up Period means the period from the Dissolution Event to the Termination of the Company.

  • Dissolution Date means, as the case may be:

  • Total dissolved solids means the total dissolved (filterable) solids as determined by use of the method specified in 40 CFR Part 136 (2000).

  • Dissolution Event means (i) a voluntary termination of operations, (ii) a general assignment for the benefit of the Company’s creditors or (iii) any other liquidation, dissolution or winding up of the Company (excluding a Liquidity Event), whether voluntary or involuntary.

  • dissolution “insolvency”, or “reorganisation” of a company or corporation shall be construed so as to include any equivalent or analogous proceedings under the law of the jurisdiction in which such company or corporation is incorporated or any jurisdiction in which such company or corporation carries on business including the seeking of liquidation, winding-up, reorganisation, dissolution, arrangement, protection or relief of debtors;

  • Early Dissolution Event has the meaning specified in Section 9.2.

  • COMMENCEMENT OF THE INITIAL PUBLIC OFFERING means the date that the Securities and Exchange Commission declares effective the registration statement filed under the Securities Act for the Initial Public Offering.

  • Reorganization Cases means the cases filed by the Debtors under Chapter 11 of the Bankruptcy Code.

  • winding-up proceedings means collective proceedings involving realisation of the assets and distribution of the proceeds among the creditors, shareholders or members as appropriate, which involve any intervention by administrative or judicial authorities, including where the collective proceedings are terminated by a composition or other analogous measure, whether or not they are founded on insolvency or are voluntary or compulsory;

  • Event of dissociation means any of the events listed in Section 8.1 upon which the Member ceases to be a Member.

  • Event of withdrawal of a general partner means an event that causes a person to cease to be a general partner as provided in section 402.

  • Delaware Statutory Trust Statute means the provisions of the Delaware Statutory Trust Act, 12 Del. C.ss.3801, et. seq., as such Act may be amended from time to time.

  • Chapter 11 Cases means (a) when used with reference to a particular Debtor, the case pending for that Debtor under chapter 11 of the Bankruptcy Code in the Bankruptcy Court and (b) when used with reference to all the Debtors, the procedurally consolidated chapter 11 cases pending for the Debtors in the Bankruptcy Court.

  • Pre-Deconsolidation Period means any Tax Period ending on or before the Deconsolidation Date, and, in the case of any Straddle Period, the portion of such Straddle Period ending on the Deconsolidation Date.

  • Inner Duct or “Conduit" shall mean any passage or opening in, on, under, over or through the Sprint Central Office Building cable or conduit systems.

  • Partnership Change of Control means Tesoro Corporation ceases to Control the General Partner.

  • Liquidating Events shall have the meaning set forth in Section 13.1.

  • Clean-Up Period has the meaning specified in Section 8.02(b).

  • Liquidation Process Regulations means, the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations 2016 as amended from time to time;

  • Commencement of Foreclosure The first official action required under local law in order to commence foreclosure proceedings or to schedule a trustee's sale under a deed of trust, including (i) in the case of a mortgage, any filing or service of process necessary to commence an action to foreclose, or (ii) in the case of a deed of trust, posting, the publishing, filing or delivery of a notice of sale, but not including in either case (x) any notice of default, notice of intent to foreclose or sell or any other action prerequisite to the actions specified in (i) or (ii) above, (y) the acceptance of a deed-in-lieu of foreclosure (whether in connection with a sale of the related property or otherwise) or (z) initiation and completion of a short pay-off.

  • Power of withdrawal means a presently exercisable general power of appointment other than a power:

  • Scheduled Dissolution Date means, in respect of each Series, the date specified as such in the applicable Final Terms;

  • Chapter 11 Case has the meaning set forth in the Recitals.

  • Delaware Statutory Trust Act means Chapter 38 of Title 12 of the Delaware Code.