Be Careful What You Wish for Seems to Be Effect of Court Decision on Redevelopment
In an earlier post today, yours truly noted that the California Supreme Court was going to issue a ruling on redevelopment agencies that had potential consequences for the state budget. Please look at that post for background details. The opinion (with only one dissent) has now been posted. It may be that the redevelopment agencies will regret a) supporting Prop 22 which supposedly protected their funding and b) asking the Court to invalidate the compromise deal worked out in the legislature. The Court – based on a non-lawyer reading – seems to say that 1) the legislature had a right…
