Politics & Government
UPDATE: Redevelopment Agency Vote Postponed Until August
If South Pas Community Redevelopment Agency (CRA) opts out of a continuation ordinance, it would be dissolved on Nov. 1 of this year.
It's likely that City council will vote on a continuation ordinance for South Pasadena's Community Redevelopment Agency Aug. 17, according to Assistant City Manager Sergio Gonzalez.
Gonzalez expects the item to be placed on both closed and open sessions.
If passed, the City would pay $230,000 this fiscal year to help fill the state's projected $1.7 billion budget hole. Next year, this annual fee, based on a city's agency size, is expected to decrease, said Gonzalez.
Find out what's happening in South Pasadenawith free, real-time updates from Patch.
Yet if South Pas Community Redevelopment Agency (CRA) opts out of a continuation ordinance, it would be dissolved on Nov. 1 of this year.
In that case, any CRA-owned property----and all other funds and assets would be transferred to a successor agency and County, said Gonzalez.
Find out what's happening in South Pasadenawith free, real-time updates from Patch.
Regardless of the outcome of the CRA, however, the downtown redevelopment project is still expected to move forward, Patch reported Tuesday.
Community Redevelopment Commission (CRC) meetings are slated to at 7 p.m. Aug. 10 at . The City Council meeting Aug. 3 has been canceled.
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