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Redevelopment

State Finds Redevelopment Accounting Mess

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In a follow-up to a report issued last year, the state controller’s office has determined that K-12 school districts understated the amount of pass-through payments received from redevelopment agencies by $105 million in the 2005-06 fiscal year, and community college districts underreported by $8.2 million. The errors caused the state to backfill $17.8 million to K-12 districts and $3.9 million to the colleges that the state did not owe.
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City Of Industry Redevelopment Extension Dies - For Now

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A bill that would permit the City of Industry to extend its redevelopment plan’s effectiveness for 10 years appears to have died when the bill’s author, Sen. Gloria Romero (D-East Los Angeles), pulled SB 1771 before a scheduled mid-April committee hearing.
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Sun Valley: Dumping Ground Or Urban Village?

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If any part of Los Angeles begs for redevelopment, it would be a 2,600-acre terrain in the northeast San Fernando Valley known as Sun Valley.
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Cities Protect Industrial Lands

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In the face of never-ending demand for housing and concerns about eroding the job base, some cities are imposing regulations to protect their industrial lands.
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What's A Business Worth? City Says Not Much; Court Disagrees

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An appellate court has upheld the awarding of $200,000 for lost goodwill to a business owner whose shop was taken by the Inglewood Redevelopment Agency, even though the business had mostly lost money.
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City Wins Tax Allocation Argument Over County At State Supreme Court

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The City of Dinuba’s redevelopment agency is entitled to tax increment that Tulare County erroneously distributed to itself and nine other local government entities, according to a unanimous state Supreme Court ruling.
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Eureka Conflict Of Interest Suit Is Ruled Too Late, Tossed Out

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A lawsuit contending that a Eureka Redevelopment Agency deal for a waterfront development violated conflict of interest laws has been thrown out. The First District Court of Appeal upheld a trial court judge, who ruled the lawsuit was filed after the statute of limitations had expired.
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Court Blocks Fontana Redevelopment Bond, Questions Housing Expenditures

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Concluding that Fontana has dodged its affordable housing obligations since 1987, the Fourth District Court of Appeal has blocked the Fontana Redevelopment Agency from issuing $40 million in tax allocation bonds because the agency has exceeded its debt limit. The court also declined to “validate” a settlement between Fontana and the state Department of Housing and Community Development concerning a $67 million shortfall in affordable housing funds, and the court makes clear that Fontana has been avoiding is affordable housing obligations since 1987.
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Capital Market Demands Coastal Exclusivity

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I simply adore being in Cannes, with its splendid, high-end hotels, its outdoor cafes, the elegantly turned-out couples strolling on the boulevard, the nearly naked young people frolicking at the water’s edge, unembarrassed by their perfectly toned bodies and golden skin….What’s that? I am mistaken? We’re not on the Riviera? Oh, naughty carissima, you are trying to fool me with a cruel joke! This couldn’t possibly be…Huntington Beach?
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California City's Desert Redevelopment Invalidated

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A controversial desert redevelopment project in California City has been invalidated by the Fifth District Court of Appeal, which rejected the eastern Kern County city’s determination that the vacant land qualified as blighted because of its parcelization and lack of road access.

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