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Tag Archives | redevelopment agencies

Court ruling clarifies San Jose, Escondido ballpark statuses

With the California Supreme Court ruling yesterday that the state can indeed eliminate city and county redevelopment agencies, the fate of new ballparks in Escondido and the Bay Area became clearer. The California Supreme Court not only ruled that the state can eliminate redevelopment agencies — and recapture locally generated revenues in the process — […]

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Obstacles to new ballparks in California: not as bleak as expected

When Gov. Jerry Brown signed a law abolishing California’s redevelopment agencies, many in baseball assumed public financing of ballparks was a thing of the past. Turns out the news may not be so terrible — but the circumstances are still troublesome. Tax-increment financing is a tried-and-true economic-development tool, and it’s occasionally used to build ballparks. […]

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