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Path finally cleared for Hollywood's redevelopment plan.


Path finally cleared for Hollywood's redevelopment plan

It took years of court battles, more than $1 million in legal costs and rounds of political finger pointing, but the controversial Hollywood Redevelopment Plan finally has been cleared to move forward.

Delivering what is probably a death knell death knell
Noun

something that heralds death or destruction

Noun 1. death knell - an omen of death or destruction
 to community attempts to block the 1,100-acre project, the state Supreme Court refused on Aug. 26 to hear an appeal of lower court rulings upholding the legality of the sprawling urban renewal plan. Five years after it was approved by the Los Angeles City Council The Los Angeles City Council is the governing body of the City of Los Angeles, California, United States. , the Community Redevelopment Agency is now free to begin its $922 million, 30-year campaign to spruce up spruce up
Verb

[sprucing, spruced] to make neat and smart

Verb 1. spruce up - make neat, smart, or trim; "Spruce up your house for Spring"; "titivate the child"
 semi-blighted Tinseltown with a variety of new commercial and residential projects as well as fix-ups of existing facilities.

Councilman Michael Woo Michael "Mike" Woo (Traditional Chinese: 胡紹基; Simplified Chinese: 胡绍基; Pinyin: Hú Shàojī , who represents the movie capital, joined CRA See Community Reinvestment Act.  Board Chairman Jim Wood Jim Wood may refer to:
  • Jim Wood, a mayor of Oceanside, California in the United States.
  • Jim Wood, a Canadian politician
  • Jim Wood, an American football coach
  • Jim Wood, an Arkansas State Auditor
  • Jim Wood, a marathon runner
 last week in seeking $13 million in Hollywood redevelopment money held in a county escrow account during the lawsuit. CRA officials reportedly also will try to raise $30 million more through bonds so building facelifts, childcare centers and affordable housing can be funded.

The original lawsuit, filed by a community group calling itself Save Hollywood Our Town, or SHOT, alleged that the redevelopment plan was assembled fraudulently, without true community input and would ultimately benefit developers at the expense of small merchants and homeowners.

But, after their hard-fought victory last week, city officials and their lawyers were popping the champagne corks.

"After years of hyperbole about the perils of redevelopment you are freeing up a lot of dollars to address some of the social ills allowed to fester fester /fes·ter/ (fes´ter) to suppurate superficially.

fes·ter
v.
1. To ulcerate.

2. To form pus; putrefy.

n.
An ulcer.
 in Hollywood for a fairly long time," said Bruce Tepper, the lawyer who represented the CRA in the trial. Tepper added he was "certain" the Hollywood community at large supports the plan.

Chris Sutton, who represented SHOT in the trial which ended in 1989, disagreed. "If they think the redevelopment plan is popular, I dare the city to put it to a vote. It would be defeated."
COPYRIGHT 1991 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Author:Jacobs, Chip
Publication:Los Angeles Business Journal
Date:Sep 2, 1991
Words:336
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