The Online Community for Culver City – The New Scene
"I am excited to share some good news ... nearly $20 million worth! Last night, the city received a determination letter from the California Department of Finance agreeing to accept $2,724,618 to settle our dispute over what the city owed the state after our Redevelopment Agency was eliminated. The state originally wanted Culver City to pay $22,178,120! Thanks to an incredible, die-hard effort by our City Council and our amazing staff, we have cleared the most contentious part of our fight with the state to get our former redevelopment projects moving forward. Still lots of work to do, but this is a big day in our city's history!"
To understand why Culver City was said to owe the state the sum of $22M, we have to go back to June of 2011, when Governor Jerry Brown signed ABX1 26 and ABX1 27—two pieces of legislation that had a profound impact on Culver City’s Redevelopment Agency. ABX1 26 immediately suspended the operations of and effectively dissolved all redevelopment agencies in the state. ABX1 27 allowed agencies whose legislative bodies (in Culver City’s case, the City Council) are willing to comply with "voluntary" payments to the State of California to be exempted from the elimination provisions in ABX1 26. As part of the opt-in option, Culver City was initially scheduled to make a payment to the State of California of about $12.1 million in fiscal year 2011-2012 and $3 million in payments in subsequent years.
The "former redevelopment projects" that Cooper refers to would presumably include those at Parcel B (that large -- and it turns out, useful -- space between the Culver Hotel and Trader Joes), the Market Hall project at Centinela & Washington, as well as the Habitat for Humanity project at Globe Ave.