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In the dead of night, with few people knowing about it, the legislature and Arnold allowed the wealthy San Diego special interests steal $6 billion from the families, businesses and schools of the area.
"The letter sent to San Diego City Attorney Jan Goldsmith on Dec. 21 said that a lawsuit will be filed against the city's Redevelopment Agency, the downtown redevelopment agency, the state and the governor unless the city and county agree to a settlement.
It gives a Jan. 14 deadline for the suit to be filed.
The county was likely one of the losers in the state legislation that allowed San Diego's downtown redevelopment agency to effectively extend its lifespan for 20 years until 2043. The agency, the Centre City Development Corp., is estimated to reap more than $1 billion in additional property tax revenue over that time. Some of that money could otherwise have flowed to the county."
Oh, part of the stolen money will be used to build a stadium for a billionaire and a new convention center--to lose lots of tax dollars--for the special interests, mostly the unions.
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"The letter sent to San Diego City Attorney Jan Goldsmith on Dec. 21 said that a lawsuit will be filed against the city's Redevelopment Agency, the downtown redevelopment agency, the state and the governor unless the city and county agree to a settlement.
It gives a Jan. 14 deadline for the suit to be filed.
The county was likely one of the losers in the state legislation that allowed San Diego's downtown redevelopment agency to effectively extend its lifespan for 20 years until 2043. The agency, the Centre City Development Corp., is estimated to reap more than $1 billion in additional property tax revenue over that time. Some of that money could otherwise have flowed to the county."
Oh, part of the stolen money will be used to build a stadium for a billionaire and a new convention center--to lose lots of tax dollars--for the special interests, mostly the unions.
More...