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Real Estate/Development

Sep. 23, 2003

Prevailing-Wage Law Hits Development

BY LAURA COLEMAN CREJ Staff Writer Public subsidies are intended to facilitate development, not penalize developers for doing their job. The recent withdrawal of federal funding from Apple Valley's planned entertainment complex in the Victorville Valley region, at the developer's request, illustrates how developers, particularly those working in small towns and cities, have begun to feel the effects of a new state law requiring them to pay prevailing wages on projects receiving public

BY LAURA COLEMAN
CREJ Staff Writer

Public subsidies are intended to facilitate development, not penalize developers for doing their job.

The recent withdrawal of federal funding from Apple Valley's planned entertainment complex in the Victorville Valley region, at the developer's request, illustrates how developers, particularly those working in small towns and cities, have begun to feel the effects of a new state law requiring them to pay prevailing w...

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