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CA Codes (hsc:33600- 33608) Page 6 of 8 <br />EXHIBITA <br />taxing entity either of the following: <br />(1) If an agreement exists that requires payments to the taxing <br />entity, the amount required to be paid by an agreement between the <br />agency and an affected taxing entity entered into prior to January 1, <br />1999. <br />(2) If an agreement does not exist, the amounts required pursuant <br />to subdivisions (b), (c), (d), and (e) of Section 33607.5, until <br />termination of the redevelopment plan, calculated against the amount <br />of assessed value by which the current year assessed value exceeds an <br />adjusted base year assessed value. The amounts shall be allocated <br />between property taxes and educational facilities, including, in the <br />case of amounts paid during the 2011 -12 fiscal year through the <br />2015 -16 fiscal year, inclusive, land acquisition, facility <br />construction, reconstruction, remodeling, maintenance, or deferred <br />maintenance, according to the appropriate formula in paragraph (3) of <br />subdivision (a) of Section 33607.5. In determining the applicable <br />amount under Section 33607.5, the first fiscal year shall be the <br />first fiscal year following the fiscal year in which the adjusted <br />base year value is determined. <br />(c) The adjusted base year assessed value shall be the assessed <br />value of the project area in the year in which the .limitation being- <br />amended would have .taken effect without - theamendment or, if more <br />than one limitation is being amended, the first year in which one or <br />more of the limitations would have taken effect without the <br />amendment. The agency shall commence making these payments pursuant: <br />to the .terms of the agreement, if applicable,or, -if an..agreement <br />does notexist, -in the first fiscal year following the fiscal year in <br />which the adjusted base year value is determined.; <br />33607.8. (a) Notwithstanding any other provision of law, a <br />redevelopment agency may make payments from tax increment funds to an <br />affected taxing entity that is a state water supply contractor in <br />accordance with both of the following requirements: <br />(1) The payment shall not exceed the amount that, but for the <br />activities of the redevelopment agency, otherwise would have been <br />received by the affected taxing entity pursuant to a tax that was <br />originally approved by the state's voters prior to July 1, 1978. <br />(2) The payments shall be made for the purpose of funding the <br />payments of the state water supply contractor pursuant to its water <br />supply contract with the Department of Water Resources for the costs <br />of building, operating, maintaining, and replacing the State Water <br />Resources Development System. <br />(b) Allocations made by a redevelopment agency for payments made <br />pursuant to subdivision (a) shall not cause any reduction in payments <br />to an affected taxing entity pursuant to paragraph (2) of <br />subdivision (a) of Section 33607.5. <br />(c) For purposes of this section: <br />(1) "State Water Resources Development System" has the same <br />meaning as used in Section 12931 of the Water Code. <br />(2) "State water supply contractor" has the same meaning as used <br />in Section 11975 of the Water Code. <br />33608. (a) All acts and proceedings heretofore or hereafter taken <br />under color of law by a charter city meeting the criteria of <br />subdivision (g) and its redevelopment agency in a county with a <br />population over 9,000,000 with respect to a reimbursement agreement <br />4 -23 <br />http:// www. legiDfo .ca.gov /cgi- bin/displayeode? section =hsc &group= 33001 - 34000 &file = 336... 7/8/2014 <br />