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Galt to lose millions if it does not keep redevelopment agency

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Posted: Thursday, July 21, 2011 12:00 am

A petition filed by two groups against the state of California for unconstitutionally influencing the elimination of redevelopment agencies could possibly be a major player in whether Galt is able to move forward with its Old Town building projects.

Galt has had to halt its Old Town Relocation Project due to the fact that two trailer bills in the state budget prohibit cities from using their redevelopment agencies for building projects unless cities first pay the government a specified amount of money to keep the agency open.

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