Twenty-five months after Gov. Brown assassinated the state’s Redevelopment Agencies, including Culver City’s, to channel the funding into his bulging coffers, this town slowly is climbing back onto its feet.
An obscure looking – but likely to pass – item on Monday night’s City Council agenda is the ticket back to redevelopment activity.
Since shortly after Feb. 1, 2012, City Hall and the previously little known state Dept. of Finance, now flashing far-reaching powers, have been regularly huddling over how Culver City may proceed, in a newly legalistic world, with projects that were more or less in various pipeline stages.
Here is City Councilman Andy Weissman’s interpretation:
“The Dept. of Finance and the city have agreed that the city will retain control over all of its parking facilities. As a consequence, it is anticipated that the Long Range Asset Management Plan will be approved. This will allow the city to transfer those properties, such as Parcel B, that are subject sale agreements.
“With the approval that we anticipate will be forthcoming shortly from the Dept. of Finance (after the Successor Agency on Monday and the Oversight Board on Thursday vote affirm the proposal), we will be able to proceed and put those projects into motion.”
Parcel B finally may be born.
