Redevelopment: Redevelopment Agency of the County of Riverside.

The Community Redevelopment Law provides that the territorial jurisdiction of a county redevelopment agency is the unincorporated territory in that county. This bill would require that the territorial jurisdiction of the Redevelopment Agency of the County of Riverside include (1) specified former agency territory now within the geographic boundaries of the City of Menifee or the City of Wildomar and (2) specified territory within an island of unincorporated territory that is surrounded or substantially surrounded by the City of Indio. The bill would also authorize the agency to apply specified housing units within that territory toward specified low- or moderate-income housing obligations of the agency. This bill would apply its provisions retroactively and prospectively to the above-described former agency territory. This bill would make legislative findings and declarations as to the necessity of a special statute for the Redevelopment Agency of the County of Riverside.