The Southern California Chapter of the Appraisal Institute holds a great conference each year covering a variety of hot-topic issues. The 2013 Conference will be held this Thursday, September 12, 2013, and my partner Rick Rayl and I will be presenting on the future of redevelopment in California. So, if you're interested in what's played out over the last year for redevelopment agencies, what lawsuits have been filed, what projects are moving forward, and what the future holds for all the property that is now owned by the successor agencies, come join us.
The rest of the Conference is ...
California continues its process of dismantling its redevelopment infrastructure. The state's redevelopment agencies disappeared on February 1, 2012, and today marks another key milestone. May 1 is the deadline for the creation of the Oversight Boards that will watch over the Successor Agencies as they dispose of redevelopment assets.
What does this mean? In many cases, nothing particularly significant. Oversight Boards have been empanelled for many Successor Agencies before today, and even once empanelled, there is no guarantee that anything will happen immediately. But ...
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