https://calwatchdog.com/2010/02/23/new-state-selling-properties-to-raise-cash/ Wed, 24 Feb 2010 17:35:32 +0000 hourly 1 https://calwatchdog.com/2010/02/23/new-state-selling-properties-to-raise-cash/#comment-295 Wed, 24 Feb 2010 17:35:32 +0000 http://www.calwatchdog.com/?p=2197#comment-295 I see this as good news. Not a big enough step, but a definite step in the right direction.

]]> https://calwatchdog.com/2010/02/23/new-state-selling-properties-to-raise-cash/#comment-294 Wed, 24 Feb 2010 04:41:18 +0000 http://www.calwatchdog.com/?p=2197#comment-294 Great article Katy!
For underperforming assets like Cal Expo & Orange County Fairgrounds, the state should sell to generate cash and let private developers come with a plan to redevelop. For “A” corners and locations near state capital, off freeways, they should not sell too quick and make sure what goes there is a good plan/deal for city. Landlord’s pay taxes on these properties and State doesn’t so a long term win win for both sides. I’m ALL FOR the private $ bringing new/upgraded buildings, however very tough to do much in today’s economy! That will change at some point. We live in a great state but need far less hurdles/red tape and fees – CA is way too costly.
Walmart moved out of Long Beach port to Texas when the unions went on strike and cost millions in lost business. Texas is a non-union AKA PRO Business state that welcomes businesses. Widen the Panama Canal and ships can easily come to TX to distribute. WalMart isn’t the only one….

]]>