Tuesday, September 23, 2014

If Senate Bill 628 is signed by Gov Brown, this could mean the end of Marin County as we know it.


This is a huge deal.   Under this new law, a group of government agencies can form their own PDAs and force the local residents to pay extra taxes for the "improvements" to their neighborhoods.   We must all oppose this outrageous attack on local neighborhoods by politicians and crony developers.


Stephen Nestel





SB 628-Infrastructure Financing Districts
(redevelopment on steriods)
(sounds like SB1 under another name)
Stop Plan Bay Area
SB-628 Could Help Fund PDAs
(Tell Gov Brown to VETO this bill)

Senate Bill 628 by Sen. Jim Beall, D-San Jose, surfaced just four days before adjournment.
It would re-establish local government redevelopment agencies
as "enhanced infrastructure financing districts" with virtually all their former powers.
But it eliminates many of redevelopment's safeguards, such as a requirement to establish "blight," and also lowers the vote for bonds to 55 percent. Thus, it would re-establish - and even enhance - cities' ability to engage in crony capitalism with subsidies for favored developers. Read the full article here
Lawmakers Approve Legislation Giving Cities More Robust Tools for Building Infrastructure
By Justin Ewers.
After years of seeking more authority to make much-needed investments in local infrastructure and economic development projects, California's local governments were handed a robust new financing tool by the Legislature last week when lawmakers approved Senator Jim Beall's SB 628, a bill that expands the authority of an existing investment mechanism known as Infrastructure Financing Districts.  Read more here
State Senator Jim Beall
(author of SB 628)
SACRAMENTO -- Furnishing local governments with a new way to pay for improving and expanding their infrastructure, the Legislature today approved Senator Jim Beall's SB 628. The bill now goes to the Governor for his consideration.  
"This bill will help local jurisdictions finance transportation projects and transit-oriented development,'' Beall said. "The cost of maintaining or building much-needed transportation projects is estimated to be over $500 billion over the next decade for the entire state".  - See more here
The bill is sitting of Gov Brown's desk

Contact Info for Gov. Brown's office: Ask him to VETO
California Governor Jerry Brown
State Capitol, 1st Fl., Sacramento, CA 95814
email: governor@governor.ca.gov
Citizens MUST oppose this law 
Speak Up



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