City to pay $96 million to keep CRA

Moving to protect dozens of planned housing and commercial projects, the City Council on Wednesday voted to preserve the Community Redevelopment Agency by sending $96.5 million in local tax money to Sacramento. Dakota Smith in the Daily News.

The council had little choice but to send the funds. Earlier this year, Gov. Jerry Brown ordered all statewide redevelopment agencies to either transfer a portion of their tax increment revenue or shut down. The city had an Oct. 1 deadline to comply.

City Councilman Tony Cardenas was one of numerous council members to loudly complain about the loss of funds.