from the California Redevelopment Association Executive Director's Update
April 30, 2009
CRA Prevails in Court Case - Redevelopment Agencies Keep $350 Million!
"Sacramento Superior Court Judge Lloyd Connelly this morning ruled in CRA's favor and found unconstitutional a provision in the current state budget, which would have required redevelopment agencies statewide to transfer $350 million to be used to fund State obligations. The Court held that petitioners are entitled to declaratory and injunctive relief invalidating and enjoining Health and Safety Code Section 33685 - the section which created the ERAF payment obligation for redevelopment agencies for fiscal year 2008-09....."
see the CRA homepage for more info on the suit
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