Tag "redevelopment"
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Sacramento arena lawsuit dribbles forward
There was no fast break at a recent court date concerning a suit by Sacramento activists opposed to tax subsidies for a new arena. The activists are Issac Gonzalez, James Cathcart and Julian Camacho. CalWatchdog.com attended the Dec. 19 hearing before
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SB 1 would brand ‘inefficiency’ as blight
Should government get into the business of judging people on the “efficiency” of their property? SB 1 would grant government that capacity — along with the power to take that property if officials decide it’s being “inefficiently” used. SB
Read MoreVictorville bond bust brings SEC lawsuit
May 31, 2013 By Wayne Lusvardi A recent lawsuit filed by the Securities and Exchange Commission alleged Victorville city officials and bond underwriters defrauded bondholders of $13.3 million in 2008 due to failure to disclose actions and risks of “inflated property
Read MoreHemet abuses redevelopment
May 6, 2013 By Nick Sibilla Carina Alvarez has a dream for a comfortable retirement. But it’s turning into a bureaucratic nightmare. Carina bought a four-plex on Mobley Lane in Hemet for $170,000 back in 2010 as an investment. She
Read MoreSacramento arena: A ‘Field of Schemes’
March 27, 2013 By Katy Grimes Sacramento officials have lost all ability to reason, and instead are letting emotions and delusions of grandeur drive their decision over a downtown sports arena. Arenas are nothing more that fields of schemes, and the
Read MoreThe radical roots of Jerry Brown’s school finance reform plan
March 22, 2013 By Wayne Lusvardi California Gov. Jerry Brown’s recently proposed radical public school financing reform –- the so-called “Local Control Funding Formula” –- reflects the Catholic Jesuit social doctrine of 1968 called “the preferential option for the poor.”
Read MoreRedevelopment fallout: Lawmakers impose big new taxes
March 5, 2013 By Katy Grimes SACRAMENTO — SB 391 is the California Stamp Act. The original Stamp Act was imposed in 1765 and helped spark the American Revolution against British tyranny. According to History.org, “The new tax was imposed
Read More10 predictions for California 2013
Dec. 30, 2012 By Steven Greenhut SACRAMENTO — California’ Democratic leaders are giddy about the future now that they have gained everything they wanted in the last election — voter-approved tax increases and a two-thirds supermajority in both houses of the Legislature,
Read More75 new CA laws signed by Gov. Brown
Sept. 22, 2012 By Katy Grimes Gov. Jerry Brown was busy last week, signing some of the 700 bills on his desk into law. He also made a few vetoes–eight to be exact. Just what California needs–more laws. 75 new
Read MoreProp 13 survives another neutering
Sept. 5, 2012 Katy Grimes: Without fanfare, or headlines, the latest attempt to neuter Proposition 13 failed to pass the Assembly. Property owners probably don’t know how close it was. 43 Democrats voted in favor of of removing the required two-thirds
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