City of Merced finds itself increasingly caught between two worlds: that of the traditional agricultural economy of the Central Valley, the knowledge-based economy of higher education >>read more

Among the roughly 400 redevelopment agencies that will shut down tomorrow, the vast majority have effectively elected to dig their own graves. That was one of the stipulations of AB X1 26, that cities may serve as their own successor agencies, which will oversee the wind-down of operations, liquidation of assets, and payment of outstanding obligations.