Fremont Citizens Network

You wont read about this in Argus

"Another interesting grab for cash by Fremont is the sub-rosa juggernaut of the redevelopment agency to snag an additional $1.1 billion by amending its spending cap. In order to do this, dangling an Irvington BART station as the carrot, the agency is busy spending plenty of money to prepare documents. Agency special counsel, financial counsel and environmental consultant are happily working on this proposal for a mere "not-to-exceed" $405,515. Good money in hard times! I have found redevelopment to be a money pit that has focused on housing with limited success and rarely developed a coherent and comprehensive plan for the historic districts. With an additional $1.1 billion will this agency suddenly see a visionary light or simply pour money into the Irvington BART station and a few odd projects that continue an endless process without a product?"





http://www.tricityvoice.com/articlefiledisplay.php?issue=2009-04-08&file=editorial%20An%20economic.txt

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Comment by bbox231 on April 16, 2009 at 6:31pm
"The Fremont Redevelopment Agency owes this community an explanation of where millions of dollars have gone and why it has reneged on its promise to fund continuation of the Center Theater study. Why should this agency be trusted to expand its capitalization by $1.1 billion? "

Here is the entire article for those who have the time -

http://www.tricityvoice.com/articlefiledisplay.php?issue=2009-04-15&file=Editorial%20Missing.txt


Thank you Tri-City Voice for staying on the RDA "black hole" into which millions are disappearing with no tangible community result.

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