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Appeals court halts sale of state buildings

December 13, 2010 |  5:41 pm

The controversial sale of 11 state properties was stalled Monday when a California appeals court issued a stay of the transaction, probably delaying it until January.

Opponents of the sell-off, who had lost in Superior Court on Friday, cheered the decision.

“This is a great day for the people of the state of California,” said attorney Joseph Cotchett. He called the transaction, in which the state would lease back office space in the buildings they are selling, a bad deal for taxpayers.

Read the full story at http://latimesblogs.latimes.com/california-politics/

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