Update 4:45 PM – The lawsuit has been filed. Heading the suit are the expected lobbying groups, The League of California Cities and California Redevelopment Association, plus the cities of San Jose and Union City. Oakland signed a declaration in support of the lawsuit.
The Merc’s Tracy Seipel reports on the redevelopment lawsuits that are set to happen any day now but for whatever reason haven’t happened yet. Perhaps the reasoning for this is a poison pill inserted into the first bill (ABX1 26) that could prevent any cities who successfully sue the state over redevelopment from issuing additional debt. I have to admit that I didn’t notice the poison pill in my readings of the bills over the last month or so, despite the fact that the language is front and center.
(3) The bill would prohibit a redevelopment agency from issuing new bonds, notes, interim certificates, debentures, or other obligations if any legal challenge to invalidate a provision of this act is successful.
The poison pill may be the trump card forcing cities to pay-to-play for future redevelopment, since the cities have little chance of getting their payments back.
(Assembly Speaker Perez’s spokeman John) Vigna said if the agencies win a court challenge, the provision would force them back to the negotiating table and “continue working on something that satisfies the governor’s concerns, and their concerns.” But the negotiations would only involve those agencies that can make the upfront payment.
Wondering where the money for the last two parcels in San Jose is going? My guess is partly to the county for a prior settlement (which has a lien on some city properties), and partly to the state for the budget. It’s your move, Lew.
Funny that redevelopment wasn’t mentioned once in Dave Newhouse’s glowing interview with Oakland City Councilmember Rebecca Kaplan. While I admire Kaplan’s gusto, her continued pushing of the Coliseum is almost inexplicable. It’s not what MLB wants, it conflicts with what the Raiders are trying to do there, and the aforementioned freeze on redevelopment makes it just as complicated to work out a deal there as the downtown sites (if not more complicated). It’s also disingenuous to start making bold claims about which city doesn’t have money when the fact is that no city has money, and neither Oakland nor San Jose have articulated how they’ll get out of the RDA pickle.
Other tidbits:
June radio ratings are out. 95.7 (KBWF) dropped from 0.6 to 0.5 in the San Francisco-Oakland market, and stayed steady at 0.8 in San Jose.
Frank McCourt’s hubris continues, as he refers to Selig as “the devil” with “an eye jaundiced towards irrational animosity” in today’s court filing. Read this Vanity Fair article chronicling the McCourt divorce and you might think his arguments are a bit rich.
Carmen Policy was profiled in Sunday’s Chronicle (no public link yet, subscribers only) continuing to lobby for a 49ers stadium at Hunters Point. Policy is on master developer Lennar’s payroll to advocate for the stadium, which ironically Lennar no longer has to support and would actually would save $100+ million if they abandoned the stadium part of the project. Policy, ever a SF/Wine Country guy, also takes a shot at Oakland in the process:
“If I were part of a group that somehow wound up owning the Raiders, I would be looking to expand my influence throughout the Bay Area as far as possible, and one sure way of doing that is playing outside of Oakland.”
Is Policy not aware of what the Raiders’ identity is? Baffling.
The NFL and NFLPA may finally be wrapping up their negotiations, with the possibility of a “global settlement” covering all outstanding bargaining items and external lawsuits, such as Brady vs. NFL. Then again, we’ve heard the two sides were close to finalizing a CBA for well over a month.








