California redevelopment

STATE SUPREME COURT APPROVES ELIMINATION OF REDEVELOPMENT FUNDS


East County Performing Arts Center is among major projects at risk from the decision

December 29, 2011 (Sacramento) – Sounding a death knell for hopes to restore redevelopment funds eliminated by the Legislature to fund education, the California supreme Court today ruled that the state has the right to eliminate local redevelopment agencies. The decision has sparked criticism from local business owners and politicians on both the left and right.