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California likely to eliminate redevelopment agencies

California likely to eliminate redevelopment agencies

Leaders of California cities had been trying to fashion a compromise with lawmakers after the state Supreme Court ruled the state had the authority to eliminate the agencies and use their property tax money for local services.


By By BD+C Staff | February 8, 2012

A California state senate bill that would delay the elimination of the 400 community redevelopment agencies in the state does not have sufficient support to pass by the Feb. 1 deadline.

Leaders of California cities had been trying to fashion a compromise with lawmakers after the state Supreme Court ruled the state had the authority to eliminate the agencies and use their property tax money for local services.

Click here fore more information. BD+C

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