john2072
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Dołączył: 26 Sty 2011
Posty: 1715
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Skąd: England
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 Wysłany: Śro 10:19, 26 Sty 2011 Temat postu: including Pasadena |
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. That way, the money will be unavailable if the state moves to shut down agencies and seize their money.Mavrogenes said most of his agency's $185 million in yearly tax revenues are Advertisementobligated to pay debts for existing projects.But the agency has $58 million in its coffers from prior bond sales and other sources that the city would like to protect. Mavrogenes said San Jose wants that money to lure technology jobs, build a charter school on the East Side and acquire land for a baseball stadium.Other cities began taking such actions Friday, when Los Angeles steered $930 million from its redevelopment agency to the city in a bid to protect cash for projects. In an emergency meeting on Monday -- the Martin Luther King holiday -- Fremont's city council approved up to $140 million in redevelopment bonds that it hopes to issue by the end of the month to fund construction of the Irvington BART Station.Riverside County and a number of cities, including Pasadena, Anaheim, Santa Monica, West Hollywood and Napa, have taken similar steps, Mavrogenes said.But there seems to be little political consensus in the Capitol on whether to freeze or eliminate redevelopment activity.Spokespeople for Speaker John A. Perez and Senate President Pro Tem Darrell Steinberg, both Democrats, s
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