Here’s a LA Times article on the California Legislatures move to shut down all 400 of the “redevelopment agencies” (Urban Renewal in Idaho) as of February 1, 2012. The legislation was upheld by a 6-1 vote in the California Supreme Court. A caretaker will be appointed to pay off all remaining debt of each agency and no new projects will be authorized.
This was first suggested by Gov. Jerry Brown who let his distaste for these agencies be known when he went after way to cut the state deficit.
Here’s the entire L.A. TIMES article.
The abuses and waste in California are similar to what is going on in Idaho. Look for some legislation during the current Idaho session.
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