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24 Jan 2011, 9:26 am
Not surprisingly, John Shirey, the head of the California Redevelopment Association, strongly disagrees with that assessment, and warns of severe negative consequences of eliminating redevelopment agencies, including staggering economic and job losses.[1] Numerous developers concur with Shirey, and believe their redevelopment projects would not have occurred but for redevelopment subsidies and other redevelopment agency assistance. [read post]