City to cut ties with CRA

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The city severed ties with the Community Redevelopment Agency of Los Angeles on Wednesday, ending a 64-year relationship with a department praised and criticized for funneling millions of dollars to developers. Dakota Smith in the Daily News.

By a 9-3 vote, the City Council rejected becoming CRA/LA's "successor agency," saying the financial risk is too grave.

The successor agency is tasked with winding down operations and liquidating the CRA/LA, which has been abolished by state law


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Los Angeles Daily News City Hall reporter Rick Orlov writes about politics on the local, state and national stage.

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This page contains a single entry by Rick Orlov published on January 12, 2012 9:47 AM.

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