Even Lobbyists' Loot May Not Rescue Redevelopment
STORIES, CITY LIGHTS NEWS
Don Bauder, SAN DIEGO READER
Wednesday, January 18, 2012
“If the California Teachers Association and the broader education lobby are willing to support a compromise, something may emerge,” says W. Erik Bruvold, president of the National University System Institute for Policy Research. “If the education lobby opposes it, I think redevelopment is dead in California.”
“The list of questionable developments is sad and sordid,” says Bruvold. The big, subsidized developers utilized and abused eminent domain, bidless contracts, and so-called tax increment financing (use of future tax gains to finance current projects) to build reverse–Robin Hood castles enriching the affluent at the expense of taxpayers and schools.