Supreme Court Upholds Dissolution of Redevelopment Agencies and Invalidates "Pay to Play" Option

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After months of legal uncertainty, the California Supreme Court today issued its opinion in California Redevelopment Association, et al. v. Matosantos, Case No. S194861, marking the end of California’s 400+ redevelopment agencies (“RDAs”) and invalidating the alternative by which RDAs could provide a portion of their funds to the state and continue to operate (the alternative has been referred to as “pay to play”).

Manatt attorneys and advisors will be hosting two conference calls next week to discuss the legal implications of the decision and answer your questions. Please watch for additional information via email regarding the dates and times of these important briefings.

Please see full article below for more information.

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Published In: Administrative Agency Updates, Civil Procedure Updates, Finance & Banking Updates, Tax Updates, Zoning, Planning & Land Use Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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