DISQUS

Frankenfeld · 1 year ago

Granted Proposition 99 protects residential property owners from having their homes seized through eminent domain for non-public uses, provided the RDA pays fair market value as protected in Article 5 of the U.S. Constitution, blah, blah, blah, blah....

The real issue is that all the North Long Beach residences located in the Redevelopment project area should be taken out of the redevelopment area and regarded as residential areas of the city. The dirty secret is that the entire property tax assessments of those homes is money that exclusively goes to the RDA, to give us wonderful projects like the Downtown Plaza, the City West Gateway, and numerous landscaped street medians. All this property tax assessment is at the entire expense of where it would go otherwise: The LBUSD, the county, and the city general fund--police, fire, parks and recreation, libraries and infrastructure.

Isn't redevelopment wonderful?

Mike Ruehle · 1 year ago

Why would an apartment or business owner in north Long Beach invest more than the minimum required to operate the business or rent the apartment for fear of losing their capital investment? Redevelopment areas actually create blight by encouraging minimal investment in the area.