This page contains a single entry from the blog posted on January 19, 2011 5:47 AM. The previous post in this blog was Among the victims. The next post in this blog is David Wu has some issues. Many more can be found on the main index page or by looking through the archives.

E-mail, Feeds, 'n' Stuff

Wednesday, January 19, 2011

"Urban renewal" -- game on!

The California retread governor's sensible call to put a halt to expensive "urban renewal" schemes has the developer welfare types in the city halls of the Golden State scrambling to protect their slush funds. The revolution, it seems, will not be preceded by a charrette.

Comments (1)

Interesting read. Excerpts:

Though little understood by the public, the state's nearly 400 active redevelopment agencies are allowed to collect property taxes that would otherwise go to schools and counties. Often, the agencies partner on projects with private developers, providing subsidies or donating land. The agencies mostly are run by city council members, and thus are a considerable source of power for them.

"How do you justify maintaining a system that takes billions of dollars from schools, law enforcement and other vital services and uses that money to subsidize developers?" Tom Dresslar, a spokesman for state Treasurer Bill Lockyer, asked.

Clicky Web Analytics