Housing success or. There are no, there is no distribution. But in marine county i know, marine county said we need relief. And this provides relief. It doesnt apply to San Francisco and operations. Another item really clarifies for Property Management plans. In terms of transfer success or agencies were allowed to guess designate cities or Public Entity to approve a redevelopment plan and also clarified what this bill did that is pursuant to a Community Plan or 5year implementation plan. We provided some clarification for our particular purposes on the Property Management plan, it doesnt help us because we were able to fit one of the boxes and does help other entities as we know around the state. Lastly the bring to your attention there is a formula for loan repayments to the city or county that created the success or, the former redevelopment agencies. We do not have any outstanding loans from the city that the city expected to get paid back. So this doesnt apply to us but it does ap
Assembly bill in g of your binders and i will go over what those are. Really the key changes for us was to allow an expenditure beyond a roth period. If a lender requires that that cash be on hand. As typical all the Affordable Housing project not only are they able for a contract ual ordinance and what the tax requires is all the money in hand and not extend to a 6month period an pursuant to a contract. Its spent out over time over the life of the construction project. So this was a common sense change that we had been working with our department of finance representative for the last five roth cycles and we were please today see that this common sense changed was enacted in law to provide a stream line operations because we have different analyst, different folk coming in and out because if we have a law rather than common sense it gives us comfort, the Community Development department comfort. The other thing at the beginning of the roth period we may not have an invoice at the very
The following is the first column written by the late Barbara Gloudon for the Jamaica Observer in its third edition on Sunday, March 21, 1993. Her commentary focused on the death of Profes.
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