The California Supreme Court announced this week that it will hear oral arguments in the California Redevelopment Assn. v. Matosantos (S194861) redevelopment case on November 10, 2011. This case was brought before the court by the California Redevelopment Association’s (CRA) and California League of Cities (CLC) in order to challenge Governor Jerry Brown’s state legislation AB1X 26/27 which proposed to eliminate close to 400 California redevelopment agencies (RDAs). Until the case is resolved, redevelopment agencies have been able to remain open, however, they are unable to incur new debt, purchase property or enter into new contracts until a decision is made by the court.
This announcement will accelerate the case considerably as the court announced it hopes to have a decision by January 15, 2012. The November 10 hearing will take place from 9:00 am to 10:00 am in the Supreme Court Courtroom, Earl Warren Building, Fourth Floor, 350 McAllister Street, San Francisco.
To read the full press release, click here.
