Added by Stats. 2018, Ch. 1000, Sec. 7. (AB 2923) Effective January 1, 2019. Repealed as of January 1, 2031, by its own provisions.
(a)When the district enters into an exclusive negotiating agreement with a developer for the development of an eligible TOD project, that agreement shall confer a vested right to proceed with development in substantial compliance with the provisions of Sections 29010.6, 29010.7, 29010.8, and 29010.9. However, if Section 29010.6, 29010.7, 29010.8, or 29010.9 is repealed, that agreement shall confer a vested right to proceed with the eligible TOD project in substantial compliance with those provisions in effect at the time the agreement was entered into.
(b)This section shall remain in effect only until January 1, 2031, and as of that date is repealed.
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