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Plan to eliminate redevelopment agencies meets with stiff opposition

January 15, 2011 |  7:40 pm

http://latimesblogs.latimes.com/.a/6a00d8341c630a53ef0133f2e4c1ae970b-350wi Gov. Jerry Brown's plan to eliminate California's municipal redevelopment agencies as part of his proposed state budget has met with strong opposition at the local level.

Critics say Brown's plan would take away one of the most potent tools city officials have to improve blighted areas by building housing and commercial projects.

Redevelopment agencies collect billions of dollars in property tax revenue and dole out hundreds of millions annually in contracts, making them a significant source of power for the city officials who control them.

Brown projected that killing the agencies would save the state $1.7 billion in the next fiscal year.

Santa Monica's head of economic development, Andy Agle, called the idea "shameful."

Read the full story here.

-- Jessica Garrison

Photo: Section of redeveloped Bunker Hill in downtown Los Angeles. Credit: Los Angeles Times

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