The state had demanded redistribution of $29 million left over after dissolving redevelopment agencies.
Tag: redevelopment
Posted inCountywide, Irvine, Top Stories
Great Park Homes Project Could Go Before Voters
The developer says that should negotiations with the city fail, a ballot initiative is still possible.
Posted inEconomy, Government
After Years of Red Ink and Cuts, Many City Budgets Stabilizing
Most of Orange County’s cities are expecting a 1- to 4-percent boost to their main revenue sources in the new fiscal year.
Posted inCountywide, Investigative, Stanton, Top Stories
Venerable Stanton Neighborhood Tries to Save Its Park
Budget woes might mean the end of Victor Zuniga Park, but a group of neighbors rooted there for generations are doing all they can.
Posted inCountywide, Investigative, Top Stories, Westminster
How the End of Redevelopment Hits a City’s Bottom Line
A recent grand jury report shows that the unraveling of redevelopment agencies, which officially began in February, has proven to be complicated and contentious.
Posted inCountywide, Investigative, Irvine, Top Stories, Transportation
Can the Great Park Be Built Without Redevelopment?
As it has become more likely that the park will lose funding totaling $2.2 billion over 40 years, its leadership has been privately exploring other fundraising ideas. One city councilman wants to have a more public discussion.
Posted inIrvine
Behind Irvine’s $2.2 Billion Fight for the Great Park’s Future
Irvine is already on the list of biggest losers from the end of redevelopment, but its reality could end up being even worse than many think.
Posted inIrvine
Irvine Passes ‘Best Budget’; Great Park’s Prospects Dim
The budget passed Tuesday night by the City Council shows the city has weathered the recession, but the Great Park’s finances are another story.
Posted inIrvine
State Denies Great Park Bid to Keep $1.4 Billion in Tax Dollars
The state’s decision further clouds the future of what was billed as a rival to Balboa Park in San Diego and Central Park in New York.
Posted inIrvine
Great Park Funding Remains in Limbo
A spokesman for the state Department of Finance says information he gave Voice of OC last week was erroneous.
