Wednesday, January 11, 2012

La community redevlopment agency

  • "The reality of the situation is the CRA [Community Redevelopment Agency] as we know it is dead," said Council President Herb Wesson. "And I think it's time for us to take it off of the machine.
  • (Los Angeles Times)
  • $109 million in new expenses should the City Council retain the employees and finish the work of its Community Redevelopment Agency, high-level analysts warned.
  • (Los Angeles Times)
  • The city severed ties with the Community Redevelopment Agency of LA on Wednesday, ending a 67-year relationship with a funding tool both praised and criticized for its ability to funnel millions of dollars to developers.
  • (Los Angeles Daily News)
  • Lobbyists at Los Angeles City Hall pressed the City Council on Wednesday to take legal responsibility for its  Community Redevelopment Agency, one day after lawmakers got a grim report on the financial risks of doing so.
  • (Los Angeles Times)
  • Despite heavy lobbying by developers, council members decided it wasnt a good idea to effectively take over the Community Redevelopment Agency. Vote was 9-3 (Garcetti, Alarcon and Reyes dissented, and Parks and Perry were absent).
  • (LA Observed)
  • The agency also is abandoning its plan to buy 9.5 acres of land owned by the Sacramento-based Lily Co.
  • (Sacramento Bee)
  • "No one knew what the wind-down period was going to look like" before the court's ruling, said La Quinta Councilwoman Terry Henderson.
  • (Riverside Press Enterprise)
  • The California Supreme Court dealt a lethal blow Thursday to the states 400 community redevelopment agencies one of seven members of the CRA/LA board.
  • (Daily Breeze)
  • LA PUENTE - The City Council will Coalition for the use of La Puente Park for a community carnival and waiver of fees and consideration of whether the city will serve as the successor agency to the La Puente Community Development Commission.
  • (San Gabriel Valley Tribune)

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