BILL NUMBER:  AB 662
  VETOED	DATE: 10/13/2013




To the Members of the California State Assembly:

I am returning Assembly Bill 662 without my signature.

This measure would provide flexibility to cities and successor
agencies around the state currently winding down their redevelopment
affairs.  More importantly, this bill would authorize cities to
create Infrastructure Financing Districts within the boundaries of
former redevelopment project areas, as well as provide additional
property taxes for administrative costs to the local housing
authorities currently managing stranded housing assets.
Unfortunately, as currently written, the language to authorize new or
amended contracts for existing enforceable obligations could result
in unintended costs to the General Fund.

I applaud the author for her efforts to improve the dissolution
process. Therefore, I am directing my administration to work with the
author's office to make changes to the bill's language in a manner
that avoids those costs.  When the changes are made, I look forward
to seeing the measure return to my desk for signature.

Sincerely,



Edmund G. Brown Jr.