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(credit: CBS)

City Officials Recommend Abandoning Redevelopment Agency

City Administrative Officer Miguel Santana and Chief Legislative Analyst Gerry Miller warned Tuesday the city could be on the hook for as much as $109 million if it elects to be in charge of winding down the Community Redevelopment Agency of the City of Los Angeles, a task required by a recent state Supreme Court ruling.

CBS2 / KCAL9–01/10/2012

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