BILL NUMBER: AB 1412
VETOED DATE: 09/22/2015
To the Members of the California State Assembly:
I am returning Assembly Bill 1412 without my signature.
This bill establishes a separate process to allow the successor
agency to the City of San Joaquin's former redevelopment agency to
repay a specific loan owed by the former redevelopment agency to the
city.
Today, I have signed SB 107, which provides a more general process to
facilitate successor agencies' repayment of loans which cities and
counties made to their former redevelopment agencies. I believe this
latter process is more appropriate and should be sufficient.
Sincerely,
Edmund G. Brown Jr.