Government
Jan. 4, 2012
It’s the end of redevelopment as we know it
The state Supreme Court's decision brings to life the nightmare redevelopment agencies feared most. By Rick E. Rayl and Bradford B. Kuhn of Nossaman LLP
When Gov. Jerry Brown took office earlier this year, he was faced with a massive budget deficit. While he considered a variety of measures to reduce California's glaring budget problem, the governor - like many of his predecessors - ultimately turned to redevelopment agencies to narrow the gap. In January, he proposed completely eliminating redevelopment agencies as a means of gaining control over their property tax incre...
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