2012 CPEO Military List Archive

From: Lenny Siegel <lsiegel@cpeo.org>
Date: Thu, 26 Jan 2012 08:28:21 -0800 (PST)
Reply: cpeo-military
Subject: [CPEO-MEF] REUSE: "Another twist" for El Toro (CA) redevelopment
Another Twist at the Great Park

Voice of Orange County (CA)
January 23, 2012

Although the Orange County Great Park had its share of setbacks, there has always been a confidence among Irvine officials that the 1,300-acre park's status as a redevelopment area meant the road to its eventual completion was paved with more than $1.4 billion in property tax revenue.

But now that Gov. Jerry Brown has killed redevelopment in California and a recent state Supreme Court decision ensured that it wouldn't be resurrected anytime soon, Great Park leaders find themselves on a far more uncertain path.


Joyce and other Irvine officials maintain that a development agreement with the developer, Heritage Fields, requires construction of the park, thereby securing the funding. Heritage Fields plans to build nearly 5,000 homes, which will increase property tax revenue at the development. Irvine officials argue that this increase is theirs to keep.


For the entire article, see
http://www.voiceofoc.org/oc_south/article_91a7a9b2-4646-11e1- b67e-001871e3ce6c.html


Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918

Military mailing list

  Prev by Date: [CPEO-MEF] REUSE: "Oakland Army Base [CA] to be used for port operations"
Next by Date: [CPEO-MEF] REUSE: Push for Fort Ord (CA) National Monument
  Prev by Thread: [CPEO-MEF] REUSE: "Oakland Army Base [CA] to be used for port operations"
Next by Thread: [CPEO-MEF] REUSE: Push for Fort Ord (CA) National Monument

CPEO Lists
Author Index
Date Index
Thread Index