33070. The Legislature finds and declares that decent housing and genuine employment opportunities for all the people of this state a revital to the state's future peace and prosperity, for all of the following reasons: (a) Hazardous, congested, and insanitary housing debilitates occupants' health to the point of impairing motivation and achievement. (b) Lack of employment opportunity creates despair and frustration which may precipitate violence. (c) Unfit housing and lack of employment opportunity depend on each other to perpetuate a system of dependency and hopelessness which drains the state of its valuable financial and human resources.
33071. The Legislature further finds and declares that a fundamental purpose of redevelopment is to expand the supply of low-and moderate-income housing, to expand employment opportunities for jobless, underemployed, and low-income persons, and to provide an environment for the social, economic, and psychological growth and well-being of all citizens.
How to Dissolve a RDA Agency__
HEALTH AND SAFETY CODE SECTION 33140-33142
33140. If an agency has not redeveloped or acquired land for, or commenced the redevelopment of, a project, or entered into contracts for redevelopment within two years after the adoption of an ordinance pursuant to Section 33101, or, in the case of an agency authorized to transact business and exercise powers by resolution adopted pursuant to the provisions of Section 33101 that were in effect prior to the adoption of that resolution, the legislative body may, by ordinance, declare that there is no further need for the agency. A legislative body shall not adopt an ordinance declaring that there is no further need for the agency if, in one or more project areas, the agency has not complied with subdivision (a) of Section 33333.8. Upon the adoption of the ordinance, the offices of the agency members are vacated and the capacity of the agency to transact business or exercise any powers is suspended until the legislative body adopts an ordinance declaring the need for the agency to function.
33141. Upon the motion of the legislative body or upon recommendation of the agency, the legislative body of the community may, by ordinance, order the deactivation of an agency by declaring that there is no need for an agency to function in the community, if the agency has no outstanding bonded indebtedness, no other unpaid loans, indebtedness, or advances, and no legally binding contractual obligations with persons or entities other than the community, unless the community assumes the bonded indebtedness, unpaid loans,indebtedness, and advances, and legally binding contractual obligations. A legislative body shall not adopt an ordinance declaring that there is no need for the agency, if in one or more project areas, the agency has not complied with subdivision (a) of Section 33333.8. An ordinance of a legislative body declaring there is no need for an agency to function in the community shall be subject to referendum as prescribed by law for the ordinances of the legislative body.
33142. The legislative body of the community shall file with the Secretary of State a certified copy of any ordinance suspending or dissolving an agency pursuant to Section 33140 or 33141.
The above defines the purpose of the RDA. Judge for yourself if the City Redevelopment Agency has been used for the purposes intended.
Also see that the Debt of the Redevelopment Agency is the full responsibility of the City of Grand Terrace. Ending this agency now will be painful but it is better now than if the Schwab and his minions continue to expand Debt and the drain on the City's General Fund by their Bernie Maddof Financial Logic. These are the Big Spend and no tax Republicans that ran the Federal and State Government into DEBT. These are the same tactics that inflated the property values and created the Financial Bust.
Grand Terrace is not going to get a Bail Out. Grand Terrace can not print more money. Grand Terrace has to cut its losses, suck it up and end the bleading. We need to end the CRA, sell off all the land possible and cash out to as close to as zero as we can get. It is time the City of Grand Terrace lives within its budget and stops speculating on Real Estate under the cloak and protection of a Redevelopment Agency.