“Indebtedness” means any obligations incurred by a redevelopment agency prior to July 1, 1978, the payment of which is to be made in whole or in part out of taxes allocated to the agency pursuant to Section 33670 and includes:
(a) Bonds, notes, interim certificates, debentures, or other obligations issued by an agency (whether funded, refunded, assumed or otherwise) pursuant to Article 5 (commencing with Section 33640) of Chapter 6 of this part.
(b) Loans or moneys advanced to the agency, including, but not limited to, loans from federal, state or local agencies.
(c) A contractual obligation which, if breached, could subject the agency to damages or other liabilities or remedies.
(d) An obligation incurred pursuant to Section 33445.
(e) Indebtedness incurred pursuant to Section 33334.2.
(f) Obligations imposed by law with respect to activities which occurred prior to July 1, 1978.
(Added by Stats. 1979, Ch. 29.)
Last modified: October 25, 2018