End of Redevelopment Helps Balance Budget
Legislative Analyst Mac Taylor has described Governor Brown's budget proposal as "roughly" balanced. Brown was able to save money from major cut backs- like last year's dissolution of redevelopment agencies, and voter-approved tax increases, like Prop 30.
Clearlake Completes Redevelopment Wind-Down
Clearlake Redevelopment Oversight Board has approved its state mandated fund report- finding a negative balance of $1,648, city acquired properties totaling a worth of $1.2 million, and more than $936,000 to be disbursed to the county.
DOF Mandates That Stanislaus County Return $10 Million to State
The DOF has decided the former redevelopment funds were not restricted to projects despite an October review that found the $10 million to be restricted for housing projects per the county's 1991 agreement with California Legal Rural Assistance. State officials disagreed with the review and ultimately required $10 million be returned to the county auditor-controller by Dec. 21.
Business Deals of Hercules Former Redevelopment Agency Remain Unsettled
Disputes between the city and a local fitness business continue as both parties have differing views on amounts owed to the city and on the terms of an oral purchase and financing agreement. The city has also failed to collect money owed from a local restaurant that closed in December. With the restaurant owing the city more than $112,000, several employees are also coming forth with claims of unpaid wages.
HUD Approves Onizuka Redevelopment in Sunnyvale
With HUD's approval, Sunnyvale can move forward on redeveloping the former Onizuka air force station. The redevelopment plan includes an affordable housing project and a Foothill-De Anza Community College campus.
