Government
Jan. 12, 2012
With agencies to dissolve, land values threatened
As the result of a recent state Supreme Court decision eliminating local redevelopment agencies, cities across California will be forced to sell off potentially thousands of properties once slated for development.
Daily Journal Staff Writer
Cities across California will be forced to sell off hundreds and potentially thousands of properties once slated for development as a result of a recent state Supreme Court decision eliminating local redevelopment agencies.
State officials say the plan will quickly inject money into education and other local services. But critics, primarily redevelopment advocates, contend the flood of new sales will ult...
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