Supreme Court Upholds Elimination of Redevelopment in California - Now What?
On December 29th, the California Supreme Court issued its much-anticipated opinion in California Redevelopment Assn. v. Matosantos, the case challenging ABX1 26 and ABX1 27. In a decision foreshadowed by the tone of last month's oral argument, the Court upheld ABX1 26, but struck down ABX1 27 as a violation of California's Proposition 22.
This means that the law eliminating California's redevelopment agencies stands, while the law that would have provided a mechanism to reinstate redevelopment agencies upon making certain "voluntary" payments was struck down. The bottom line: the decision ends redevelopment in California.
Nossaman presented this webinar to discuss the opinion, its implications, and what happens from here.
Click here to view a recording of this webinar.