California

petronius

(26,602 posts)

10. State Supreme Court upholds abolition of redevelopment agencies (LA Times)

Thu Dec 29, 2011, 03:10 PM

Dec 2011

[div class = excerpt]The state acted legally when it abolished more than 400 redevelopment agencies to help close a budget gap but overstepped the law by permitting some of the agencies to survive if they shared their property tax revenue, the California Supreme Court ruled Thursday.

The ruling was a major blow to redevelopment agencies, authorized by law since 1945 and responsible for the creation of such neighborhoods as Old Pasadena and San Diego's Gaslamp Quarter, and a victory for state officials grappling with budget shortfalls.

It came in response to lawsuits filed by the redevelopment agencies but represents the worst possible outcome for them.

Redevelopment agencies sued the state to overturn both the law that ended redevelopment and a compromise measure that would have permitted some agencies to continue as long as they shared their revenue.
http://latimesblogs.latimes.com/lanow/2011/12/california-supreme-court-redevelopment-agency-ruling.html

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Do you know what a Redevelopment Agency is California? [View all] SHRED Dec 2011 OP

RDA's are a scam tularetom Dec 2011 #1

The problem is smaller towns use the RDA as a resource to maintain roads, build parks, etc ProgressiveProfessor Dec 2011 #2

Many RDAs are frantically transferring their funds to their respective cities KamaAina Dec 2011 #3

RDA: developers dreams, hoarding the $ katty Dec 2011 #4

I'm extremely familiar with Redevelopment Agency work. JDPriestly Dec 2011 #5

In my small town, the city council agreed roody Dec 2011 #6

I am pissed about the football stadium flamingdem Dec 2011 #7

In downtown nonetheless... ellisonz Dec 2011 #8

I thought it was an agency that develops Reds. Kablooie Dec 2011 #9

State Supreme Court upholds abolition of redevelopment agencies (LA Times) petronius Dec 2011 #10

In the short term, the abolition helps the budget. In the longer term, the prospects are a bit murky Xithras Jan 2012 #11