The Department of Finance’s pending decision could put to rest worries that Irvine would lose an estimated $1.4 billion in future tax revenue.
Tag: redevelopment
Posted inIrvine
Great Park Budget Cuts Target Controversial Consultants
The park’s board approves a fiscal 2012-13 budget that includes significant cuts to no-bid contractors, including public relations firm Forde & Mollrich.
Posted inIrvine
Controversial Great Park Contract on Chopping Block
The Great Park Board of Directors will consider a park budget that would slash a $100,000-per-month contract for the public relations firm Forde & Mollrich.
Posted inSanta Ana
Santa Ana Steps Back From the Brink
Interim City Manager Paul Walters says the city, facing possible bankruptcy a few months ago, could have a balanced budget for the coming fiscal year — maybe even a little extra.
Posted inFullerton, Government, Top Stories, Transportation
Fullerton Might Get OCTA’s Help to Fund Rail Crossings
The city lost nearly $8.5 million for the project when Gov.
Jerry Brown eliminated redevelopment.
Posted inCountywide, Investigative, Irvine, Top Stories
Another Plot Twist at the Great Park
Irvine officials maintain that the park should still get $1.4
billion in property tax funding despite Gov. Jerry Brown’s
elimination of redevelopment. But the decision is now up to a
separate board.
Posted inCountywide, Investigative, Irvine, Top Stories
Irvine Council Defeats Call to Cut Spending on Great Park
Councilman Jeffrey Lalloway unsuccessfully pushed for a
reduction after the state Supreme Court axed the park’s primary
source of funding.
Posted inCountywide, Investigative, Irvine, Top Stories
What’s a Great Park To Do?
Irvine’s redevelopment agency — the primary means of funding
construction of the Great Park — could disappear because of a state
Supreme Court decision. Great Park leaders have yet to devise solid
alternatives.
Posted inIrvine
Irvine Officials Dispute Fee for Redevelopment Agency
The city owes nothing to the state to keep its redevelopment
agency, according to city officials.
Posted inCountywide, Investigative, Irvine, Top Stories
Should the Great Park Be Spared From the Redevelopment Budget Ax?
The gutting of redevelopment agencies as part of the state
budget balancing act could cost the park hundreds of millions. But
Irvine officials say the park’s status as a former military base
should save it.
