Faulconer Wants to Hasten Downtown Projects
Gov. Jerry Brown, aware that corporate welfare redevelopment projects subsidize the private sector by diverting money from schools, wants to eliminate state redevelopment agencies. So several cities are rushing to get proposed subsidized private sector projects on the books before the bill is passed (if it is). Today (Jan. 28), Council President Pro Tem Kevin Faulconer, whose district includes downtown, wrote to Frank Alessi, chief financial officer of Centre City Development Corp. (CCDC). Said Faulconer, "Due to the uncertainty surrounding the future of redevelopment, I believe it is imperative that we take decisive action on key projects." He wants certain projects "be brought forward immediately" for action by the redevelopment agency (the council). Those projects: Phase I of the North Embarcadero Visionary Plan, Horton Plaza Park, Bayside Fire Stations and Connections Housing proposal for a downtown permanent intake center. He sent copies to the mayor, councilmembers, City Attorney Jan Goldsmith and CCDC's board of directors.
More like this:
- Former CCDC misused a billion dollars over two decades — Aug. 5, 2013
- City Council and Centre City Redevelopment Reach Compromise Over Convention Center Debt — March 31, 2011
- Should City's Debt Relief Come from Redevelopment Coffers? — March 16, 2011
- Brown's Redevelopment Proposal, If Passed, Could Whack Corporate Welfare — Jan. 10, 2011
- County Grand Jury recommends consolidation of CCDC, SEDC into single redevelopment agency — Sept. 10, 2008