Life or Death For Redevelopment Agency?
In a press release from Interim Communication Director Bill Lobdell this evening - too late to field questions - the Costa Mesa Redevelopment Agency announced that it will hold a special meeting this Friday, August 26th, at 4:30 in City Council Chambers at Costa Mesa City Hall.
LIFE OR DEATH?
According to the press release, this meeting is to determine whether to agree to pay the state about $1.4 million to keep the agency alive.
EXTORTION BY THE STATE
Legislation passed earlier this year to help close California's budget gap forces redevelopment agencies to pay the state if they want to continue to operate. The new state laws are being challenged in court, and the state Supreme Court agreed last week to hear the case.
This special meeting is needed because the legislation requires agencies , by Sunday, to adopt an "enforceable obligation payment schedule" for the rest of 2011.
LIVE AND IN LIVING COLOR ON CMTV
Because this meeting is being held in council chambers during the normal workday we assume it will be televised live on CMTV beginning at 4:30.
Labels: Redevelopment Agency