Department of Finance
915 L Street
Sacramento, CA 95814

Property Disposition

Under ABx1 26 and AB 1484, successor agencies are directed to dispose of former redevelopment agency properties.  Health and Safety Code (HSC) specifies how successor agencies will dispose of non-housing property depending on the type of property as provided below:

GOVERNMENTAL PURPOSE PROPERTY
HSC section 34181 (a) lists governmental purpose assets to include roads, school buildings, parks, police and fire stations, libraries, and local agency administrative buildings.  The following chart outlines the steps successor agencies can take to transfer property for governmental purposes:

NON-GOVERNMENTAL PURPOSE PROPERTY
HSC section 34177 (e) directs successor agencies on the steps to dispose of non-housing and non-governmental purpose properties.  The following chart outlines the steps a successor agency must follow prior to being allowed to dispose of property:

For information related to Due Diligence Reviews, refer to our webpage at: http://www.dof.ca.gov/redevelopment/due_dilligence/view.php.

For additional information relating to the Finding of Completion, refer to http://www.dof.ca.gov/redevelopment/finding_of_completion/view.php.

For additional information relating to the Long-Range Property Management Plan, refer to http://www.dof.ca.gov/redevelopment/long_range_property_management/view.php.

For questions related to former redevelopment agency property disposition, submit an email to: Redevelopment_Administration@dof.ca.gov.

 

 

Webpage last updated August 28, 2012