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CRA Inquiry Expanded.


The Los Angeles City Council The Los Angeles City Council is the governing body of the City of Los Angeles, California, United States.  has expanded its inquiry into the troubled Community Redevelopment Agency to include the payment of $1.57 million more for properties than the agency's own appraisals showed they were worth.

The council set Dec. 15 as the date for a meeting with CRA See Community Reinvestment Act.  administrator Jerry Scharlin, at which council members also will discuss concerns that he hired a private investigator to look into his own agency.

Councilman Mark Ridley-Thomas Mark Ridley-Thomas (born 1954) is currently a California State Senate where he chairs the Business, Professions and Economic Development Committee]]. He represents the 26th district which includes the communities of Vermont Knolls, Jefferson Park, Leimert Park, Hancock Park, Korean  formally proposed that the council assume direct control of the agency. He cited a city controller's office audit that disclosed the overpayments.

The audit, commissioned by City Controller Rick Tuttle Rick Tuttle (born 1940) was Los Angeles City Controller from 1985 to 2001. He stressed the importance of creating a strong democratic influence at UCLA, which was in his words "the best large public university in a major city. , found that the Community Redevelopment Agency failed to disclose the extra cost to the City Council. In addition, it said the CRA often failed to use competitive bidding Competitive bidding

A securities offering process in which securities firms submit competing bids to the issuer for the securities the issuer wishes to sell.


competitive bidding

1.
 in awarding contracts from 1996 through 1999.

Tuttle said the audit did not find evidence that any specific CRA employee benefited financially from agency activities.
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Title Annotation:Community Redevelopment Agency
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1U9CA
Date:Dec 4, 2000
Words:157
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