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HEALTH AND SAFETY CODE
SECTION 33140-33142


33140. If an agency has not redeveloped or acquired land for, or
commenced the redevelopment of, a project, or entered into contracts
for redevelopment within two years after the adoption of an ordinance
pursuant to Section 33101, or, in the case of an agency authorized
to transact business and exercise powers by resolution adopted
pursuant to the provisions of Section 33101 that were in effect prior
to the adoption of that resolution, the legislative body may, by
ordinance, declare that there is no further need for the agency. A
legislative body shall not adopt an ordinance declaring that there is
no further need for the agency if, in one or more project areas, the
agency has not complied with subdivision (a) of Section 33333.8.
Upon the adoption of the ordinance, the offices of the agency members
are vacated and the capacity of the agency to transact business or
exercise any powers is suspended until the legislative body adopts an
ordinance declaring the need for the agency to function.

33141. Upon the motion of the legislative body or upon
recommendation of the agency, the legislative body of the community
may, by ordinance, order the deactivation of an agency by declaring
that there is no need for an agency to function in the community, if
the agency has no outstanding bonded indebtedness, no other unpaid
loans, indebtedness, or advances, and no legally binding contractual
obligations with persons or entities other than the community, unless
the community assumes the bonded indebtedness, unpaid loans,
indebtedness, and advances, and legally binding contractual
obligations. A legislative body shall not adopt an ordinance
declaring that there is no need for the agency, if in one or more
project areas, the agency has not complied with subdivision (a) of
Section 33333.8. An ordinance of a legislative body declaring there
is no need for an agency to function in the community shall be
subject to referendum as prescribed by law for the ordinances of the
legislative body.

33142. The legislative body of the community shall file with the
Secretary of State a certified copy of any ordinance suspending or
dissolving an agency pursuant to Section 33140 or 33141.


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