john2072
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Dołączył: 26 Sty 2011
Posty: 1715
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Skąd: England
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 Wysłany: Śro 12:07, 26 Sty 2011 Temat postu: " said San Jose Mayor Chuck Reed |
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encies keep the increase in property tax revenues from those areas to pay off the debt and fund new projects. San Jose's redevelopment agency has helped transform North First Street and downtown with projects including the McEnery Convention Center and HP Pavilion -- along with less successful developments like the Mexican Heritage Plaza. City officials argue that redevelopment is key to attracting and keeping jobs and say Brown's estimate of redevelopment money available to the state is more than $1 billion too high."We think it's really a bad idea," said San Jose Mayor Chuck Reed, who next week is scheduled to sit down with Brown and the mayors of California's 10 largest cities to discuss the proposal. Redevelopment critics have argued that much of the development the agencies have funded would have been built without public investment and that cities have abused the process to fund pet projects at the expense of basic services. Media News staff writers Tracy Seipel and Matthew Artz and Kevin Yamamura of McClatchy Newspapers contributed to this report. Contact John Woolfolk at 408-975-9346.San Jose officials have scheduled an emergency Wednesday meeting of the city's redevelopment agency in a bid to protect funds for planned projects from
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