Redevelopment Monster Is Aliveeee!
Like the Creature of the Walking Dead, a diabolical scientist with an unquenchable thirst for blood, California redevelopment agencies are also back from the dead. Redevelopment was developed in the 1970’s to fight urban blight, but quickly transformed into a corrupt scheme to divert county and state taxes to cities. What could possibly be wrong with “urban-renewal agencies” which float massive debt and routinely misuse eminent domain to seize private property? Ahem. But I digress.