It appears that the execution date for Redevelopment Agencies won’t receive a legislative stay. On February 1, they will cease to exist.
That’s according to a prediction of Senate President Pro Tem Darrell Steinberg, who says that the pieces of legislation that would extend the deadline to April 15 will not pass in time. Even if they did, there is no guarantee that Governor Brown would sign them. He’s already said that there would be no delaying the “redevelopment funeral.”
Since the end of December, the League of California Cities, the California Redevelopment Association, California Contract Cities Associations, as well as labor and business organizations have been lobbying the Capitol for relief from dissolution.
From the Los Angeles Times:
Despite stepped-up pressure from redevelopment agencies, state Senate leader Darrell Steinberg (D-Sacramento) said Thursday he does not foresee the Legislature extending the deadline for those agencies to begin shutting down.
“It’s not going to happen,” Steinberg said of the chances of SB 659, the extension bill, being approved by Feb. 1, when agencies throughout the state must start shutting down.
The bill by Sen. Alex Padilla (D-Pacoima) would extend the deadline for agencies to begin dissolution to April 15.
Read the full article here.