File this under "If it ain't broken don't fix it."
Let me first apologize for errors in my recollection.
I served two terms on the Menlo Park Planning Commission, followed by stint on the Finance Committee.
Planning and finance Commissioners learn a lot about Menlo Park: its areas, zoning, residents, businesses, needs, myriad issues.
I've suggested that a necessary condition for someone to join the city council is to serve terms on Planning, and Finance.
The only residents who remember the RDA are City Manager Justin Murphy and myself, are few.
The RDA worked. It was financed by selling bonds whose proceeds were managed by the city to do good deeds. Bonds were paid back to investors through the city budget (I think).
Until State Street Bank of Boston, who issued RDA bonds, had their own problems.
The State of California absorbed the Redevelopment Agency funds from cities.
Why can't we reconstruct the RDA at this point?
