Wednesday, May 30, 2012

Cities to battle California in court for redevelopment money

Many municipal projects are in question because of a legal dispute over what should become of hundreds of millions of dollars in property tax revenue that used to go to redevelopment.

The city of Adelanto had planned to spend $15 million on affordable housing. Artesia proposed to invest $2.3 million in downtown improvements. Atascadero budgeted $53 million for upgrades including a pedestrian bridge downtown and a better wall at the city zoo.


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