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1972 – 50 years of service to the commercial industrial retail real estate industry – 2022.


January 19, 2012

The Redevelopment Bill we mentioned last week has been introduced, and needs your support to move forward. SB 659 (Padilla; D-Los Angeles) will postpone the February 1, 2012 deadline to begin dissolution of redevelopment agencies. The delay until April 15, 2012 will give time to address implementation issues that have come up as the result of the recent court ruling.

Without passage of this bill, agencies will be dissolved on February 1, leading to lawsuits, layoffs, delays and confusion.

Over one hundred statewide and local labor, public safety, business groups, and affordable housing advocates have joined the “Coalition for Jobs and Neighborhood Renewal” in support of SB 659. Today we delivered a letter to the legislature urging them to pass SB 659 to allow time to develop a new job creation and neighborhood renewal program.

Read the press release by clicking here And read the letter by clicking here.

Call your legislators TODAY and urge them to support SB 659 (Padilla) to postpone the February 1 dissolution date to provide time to fix many of the serious problems that have come up.

Find your legislators and their contact info here.

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