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Friday, Mar 29, 2024

Agency looks to protect money

CITY HALL , The Redevelopment Agency, under threat of losing $3.3 million in tax revenue to Sacramento as lawmakers try to close a $24-billion deficit, is expected to join a growing legal effort to protect the local money. The League of California Cities, the California Redevelopment Assn. and other cities and counties argue a June 12 plan from the Legislative Budget Conference Committee is unconstitutional and can hinder further development in cities. For the full story click www.glendalenewspress.com/articles/2009/06/23/politics/gnp-fight23.txt

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