Saturday, February 12, 2011

How the state got stuck with a bill of hundreds of millions of dollars during the secret negotiations before the redevelopment deal

Click to see links within the story:
Morning Report: So That's How It's Done
Art's Out, Money's In
by Randy Dotinga
Voice of San Diego

...Documents gave us - and you - a front-row seat to see how the state got stuck with a bill of hundreds of millions of dollars during the secret negotiations before the big downtown redevelopment deal.

In a new story posted later, Assemblyman Nathan Fletcher explains how this is actually a good thing for local schools. "I would have had great concern if there had been an argument that somehow education was going to lose out of this arrangement," he said. City Hall reporter Liam Dillon checked with the school district to see what they think and to provide some caveats.

Also: a former city councilwoman who's now a state senator wants to do away with state subsidies to support redevelopment.

How well have you been paying attention to all this? Check out our opinion section quiz about redevelopment and see how you score.

We've got more about redevelopment in our graphic illustration called the Downtown Money Tree: it shows how the downtown redevelopment agency - whose job is to promote urban renewal - will spend $462.5 million. The downtown library is getting a ton of funding, as is affordable housing. Smaller amounts - but still multi-million-dollar amounts each - go to public art, administration, marketing and consulting...

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