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Modesto Mayor Jim Ridenour State of the City Speech: “The attempt to eliminate redevelopment funds and enterprise zones and the jobs those programs create is just not wise”

From the State of the City address by Modesto Mayor Jim Ridenour:

Let me take a moment to address the State budget crisis and how it could potentially affect economic development.

A disconnect exists between reality and the State of California’s approach to economic development and unemployment. The Governor’s recent state budget proposed the elimination of redevelopment authorities and enterprise zones. This makes absolutely no sense and violates the will of the voters who supported Proposition 22 in the
November election.

Prop 22: The constitutional amendment that “prohibits the state from borrowing or taking funds used for transportation, redevelopment or local government projects and services.” As you know, redevelopment builds and improves communities, spurs job growth and is the most significant provider of infrastructure, urban development and affordable housing in the state.

Cities across California, like Modesto, have made difficult budget decisions and the State needs to do the same! Without, placing the burden on the shoulders of local government, the level of government that’s closest to the people.

The State’s proposed budget is full of tough choices, but the attempt to eliminate redevelopment funds and enterprise zones and the jobs those programs create is just not wise.

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