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News & Press: Court Cases

Redevelopment Agencies: Covarrubias v. Cohen

Tuesday, October 18, 2016  
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In a suit against the Director of the Department of Finance to compel the Department to approve the City's continued payments of set-asides from "tax increment" -- the increase above the tax base level attributed to redevelopment -- to the fund for subsidized housing in the City's redevelopment project area that was previously mandated under redevelopment law, the trial court's judgment in favor of defendants is affirmed where: 1) the strictly statutory obligation to make set-asides accrued on an annual basis and accordingly expired when redevelopment agencies were disbanded; and 2) the set-asides therefore were no longer enforceable obligations of the redevelopment agency.

Cal.App. 3rd Dist. (C078237) 10/7/16

Docket


California Land Title Association


1215 K Street #1816 Sacramento, CA 95814-3905
Email: mail@clta.org  |  Phone: 916-444-2647  |   Fax: 916-444-2851