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Now the City Council is Squirreling

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Their first response to the "Great CRA Money-Squirreling Act of 2011," today the City Council voted to spend up to $52 million in redevelopment funds on public improvements related to Eli Broad's new museum, according to the LA Times, an action which appears to be a direct chess move to Governor Jerry Brown's proposal to divert CRA funds to help the state budget deficit. The CRA is looking to protect $1 billion worth of projects, developments ranging from affordable housing to public transportation to big box stores. The Broad Museum, and the associated Grand Ave project, are the most high-profile projects on the list. The City Council has delayed weighing in on the rest of the projects and funds the CRA is looking to protect. [LAT]

The Broad

Grand Ave. & Second St., Los Angeles, CA 90012