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City council, CRA recess Chinatown redevelopment hearing to continue county talks
Summary
The Los Angeles City Council and the Community Redevelopment Agency recessed a joint public hearing on the proposed First Amendment to the Chinatown redevelopment plan on June 19, 2001, setting a new hearing date at least 90 days out to continue discussions with county and other taxing agencies.
The Los Angeles City Council and the Community Redevelopment Agency recessed a joint public hearing on the proposed First Amendment to the Chinatown redevelopment plan on Tuesday, June 19, 2001, agreeing to continue the hearing to Sept. 19, 2001, to allow further discussion with county staff and any taxing agency that submitted written objections.
The agency’s administrator, Jerry Charlin, told the joint session that the amendment would raise the project’s tax-increment cap from $57,000,000 to $230,000,000 and restate project dates so the agency can carry out the original Chinatown work program. Charlin summarized area conditions cited in the amendment documents, including a high rate of building repair needs: “65% of all office and commercial retail buildings continue to require repair… 71% of all residential buildings continue to require repair,” he said. He also said an…
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