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The 15th State of Downtown Breakfast took place last Tuesday morning at the Sacramento Convention Center, with Lt. Gov. Gavin Newsom as keynote speaker. Michael Ault, executive director of the Downtown Sacramento Partnership, opened the event and ran through a plethora of topics and issues. Public safety, K Street, the sale of Downtown Plaza and parks are just a few of the many that were highlighted. “Personal connection makes a difference,” Ault said, regarding the 26 new businesses that opened up in the district last year. Ault cited the executive committee’s efforts to get to know brokers, owners and storefronts as the difference. He was optimistic about the strides that have been
At first glance, it seems that the Sacramento Housing and Redevelopment Agency may be writing some big checks over the next few months – an estimated $111 million – but the payment schedule going before City Council Tuesday is not as simple as it appears. In a recent case challenging new state redevelopment laws, the California Supreme court directed all redevelopment agencies to compile a list of their financial obligations along with a schedule for making payments and submit them to the state. The payment schedules, called Enforceable Obligation Payment Schedules (EOPS), totals up the “relative obligations” of redevelopment projects and outlines a payment schedule through the end of th
Redevelopment in Sacramento will continue, but it will cost the city more than $20 million. The City Council unanimously approved an ordinance Tuesday that allows the city to make an initial $18.3 million payment to the state in order to maintain the Sacramento Housing and Redevelopment Agency. The ordinance – an emergency measure that takes effect immediately – authorizes the city to participate in the “Voluntary Alternative Redevelopment Program” (VARP) under a new state law (ABx27) enacted in July. Participation in the program allows redevelopment agency activity to continue as long as continuation payments are made to the state each year. La Shelle Dozier, SHRA executive director,
The new California state budget reduced spending by $15 billion and potentially includes an additional $2.5 billion in cuts – but it’s not all bad news for Sacramento. Some of the impacts of the state budget on Sacramento were outlined at the City Council meeting Tuesday, most notably problems stemming from changes to redevelopment, realignment and motor vehicle license fees. “The best thing I can say is that it was an on-time budget,” said David Jones, lobbyist for the city of Sacramento. The budget was balanced using $4 billion in projected revenue increases, Jones said, and about 40 percent of that is “just hopeful thinking and subject to litigation or challenges.” That’s good news
The future of development and affordable housing projects in Sacramento is starting to look pretty grim. Gov. Jerry Brown signed the state budget into law June 29, putting two new bills into effect that significantly impact redevelopment agencies: ABx26 and ABx27. “There is no good news in any of this,” said La Shelle Dozier, executive director for the Sacramento Housing and Redevelopment Agency (SHRA). “It’s very detrimental, given the fact that we have an economy that’s struggling.” The two bills go hand-in-hand. ABx26 says redevelopment agencies can opt to discontinue redevelopment activities and be dissolved. ABx27 says that if redevelopment agencies pay a first-year lump sum paymen
Despite Sacramento County’s financial crisis, the city and county intend to provide 151 more beds for the homeless this winter than last. That’s because city officials expect 419 winter shelter beds to be funded through a variety of entities, including the city, nonprofit organizations, the federal government, the county and private donors. Last year, there were 268 winter shelter beds for the homeless. “The strategy provides for a collaborative public and private solution to increasing winter shelter options for the region's most vulnerable population during the coldest months of the year,” according to an Oct. 27 report to the City Council from Cassandra Jennings, assistant city manage