Wednesday, April 28, 2010

Who in the State Can Citizens Write? From Email InBox

Pa
Who in the State can the Citizens of Grand Terrace write to hold back the amount and use of Debt Financing for the City's Redevelopment Agency.

It is hard to believe that this Expansion of RDA Debt is only done by the City. Isn't there some agency that has to approve it at the State Level?

Paw answers. I don't know... a great question. The State of California is sort of the co-signer of the bonds, so it makes since that there would be a regulator or approval process at the State level.