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Sunday, January 16, 2011

CRA - Stash the Cash Capper

Chris E$$el (right), chair of the Community Redevelopment Agency, has signed off on a quick transfer of close to $1B of taxpayer funds in a move to prevent Governor Brown from halting the statewide expenditure of those funds.

Although many don't understand the dark workings of the CRA, most understand that in a time of fiscal crisis, spending public money on pet projects has to sacrificed for more important projects - like maybe fixing LA's crumbling streets and filling a few potholes.

Ron Kaye sounded the first alarm bell of the rush to stash the cash, now Mulholland Terrace is calling for State Attorney General to investigate.

3 comments:

Anonymous said...

Mullhollond Terrace? Who gives an F what MT says? His initials say it all.

Anonymous said...

Curbed has the story

http://la.curbed.com/archives/2011/01/scrambling_for_relevancy_cra_moves_to_freeze_1_billion_for_projects.php

Anonymous said...

Wendy probably taught her how to take the money. The City looks like rats scrambling on the Titanic.