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Another Improper Expenditure

Daily News 3/22/11

Re “Questionable expenditures boost bid to end redevelopment agencies” (Another View, March 18):

This Sacramento Bee editorial tried to discredit redevelopment agencies for their profligate spending on affordable housing “… without constructing a single new unit.” While that may be true, they failed to recognize the not-so-affordable spending on the units built. A stinging example is the planned Sherman Village Apartments. The $25 million cost, including $4.4 million from the CRA, would construct a 73-unit “affordable housing” project. That’s about $342,465 a unit. It would cost no more than half that amount to buy and rehab older apartments and provide even many more apartments for low-income people.

Leasing Parking Garages Too Risky

Daily News 1/21/11

Re “L.A. must turn over parking garages” (Editorial, Jan 12):

In spite of the pre-eminent position parking garages have on the City of Los Angeles” Office of Finance Top Debtor’s List and List of Top Litigation Cases, Mayor Antonio Villaraigosa and the City Council want to lease the city’s parking garages to private operators. They would rather gamble on such an obviously risky concept than do what works.

Eliminating pension benefits that are highly spiked based on one final year of service, rather than on an average of three final years of service, would be more certain to save the city taxpayer funds while being fairer to other retirees.