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Future of Danville's redevelopment agency unclear
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on Jul 2, 2011
Assembly bills X1 26 and X1 27 could effectively wipe out Danville's redevelopment agency (RDA), which saw revenues of $1.6 million in the 2010-11 fiscal year. Under X1 26, RDA will be prohibited from several actions, including incurring debt, making loans and adopting or amending redevelopment plans. Those agencies that do not comply with X1 26 will be dissolved on Oct. 1.
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posted Friday, July 1, 2011, 4:35 PM
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