The Wall Street Journal reported today that by eliminating nearly 400 redevelopment entities that the state will save more than $1 Billion per year. The full text of the article is on the link below.
The Wall Street Journal reported today that by eliminating nearly 400 redevelopment entities that the state will save more than $1 Billion per year. The full text of the article is on the link below.
Looks as if California has figured out the solution to that problem before us, but hopefully we will follow their lead very soon.
It goes without saying that if the ERC had not existed, we could have saved a bundle here. It was the hose that Weinzapfel used to siphon dollars from the pockets of taxpayers to the pockets of his favored few.
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It was truly his medium. He worked in it like some artists work in oils.
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