The best news of a rather dreary year. Redevelopment has done a few good things, like gaslamps, but they could as easily be done through Business Improvement Districts or the city treasuries, which are more directly accountable to the electorate. Also, a defeat on one front for the ‘patrimonialism’ as I have mentioned in some of my other posts.

A prosperous New Year to all my readers, in the spiritual as well as the economic sense.

Related: “Court OKs end of redevelopment agencies” at OCRegister.com
Related: “California high court puts redevelopment agencies out of business” by Maura Dolan, Jessica Garrison and Anthony York at LATimes.com