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CRA/LA to Cough up $85 Million

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Having lost their appeal last Friday, the California Redevelopment Association must now make the first of two payments to the state today, according to the SacBee. A spokesperson for the Community Redevelopment Agency of the City of Los Angeles (CRA/LA) tells us that LA is estimated to be giving up $85 million, but it's not clear yet what projects might be impacted--that information is expected to be compiled out in the next few weeks. [SacBee]