California State Controller John Chiang filed a report on Thursday finding that San Jose inappropriately transferred properties, cash and other assets from its former redevelopment agency before it and hundreds of other agencies were exterminated by Gov. Jerry Brown, but Oakland A’s owner Lew Wolff is not concerned nor deterred from his campaign to move his team to San Jose. Read more here.
Tag Archives: Redevelopment Agencies
As a result of the California Supreme Court’s ruling this morning upholding the state’s right to abolish local redevelopment agencies, Escondido (CA) Mayor Sam Abed stated today that the proposed new ballpark for the Triple-A Tucson Padres (Pacific Coast League) is now dead. According to team owner Jeff Moorad, the franchise will likely be sold, unless another market steps up to the plate in the North County. Read more here.
The proposed new ballpark in Escondido (CA) for the Triple-A Tucson Padres (Pacific Coast League) remains on life support, in no small part because the city failed to act on a deal before the California Legislature passed bills that effectively eliminate local redevelopment agencies, unless municipalities make hundreds of millions in payments to the state. A decision by the California Supreme Court on the Continue reading
Govenor Jerry Brown is back in the California governor’s mansion after a near 30-year hiatus. So far, there is no talk of space or the once-queen of rock-and-roll Linda Ronstadt, but the now-senior Brown is going after local redevelopment agencies, which could hamper ballpark development in California, including the proposed new stadium in San Jose for the Oakland A’s. Read more here.