Archive for November 13th, 2009

iePolitics: Is “Renaissance Rialto” a boondoggle for taxpayers? (Update 1)

Rialto Seal

The article carried in yesterday’s Sun and published on this blog titled “Officials rework Renaissance Rialto”, addresses the move to renegotiate the agreement for the “Renaissance Rialto” project for the redevelopment of the Rialto Airport and adjacent areas. The agreement is between the City of Rialto and Lewis-Hillwood Rialto Company, LLC. The city has basically agreed to spend all of its Redevelopment Agency money to aid an influential wealthy developer and campaign contributor.

The price, a cool $10.9 million.

The developer apparently wants to unwind the current purchase agreement, which has the group committed to millions of dollars in investment. The angle is to get the value of the real estate as close to zero as possible.

That’s right, a big fat zero.

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Joe Nelson, Staff Writer
Created: 11/12/2009 05:31:16 PM PST

The Fair Political Practices Commission (FPPC) has launched an investigation into San Bernardino County District Attorney Michael A. Ramos for failing to report a $10,000 payment to his wife for working on his political campaign.

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mike ramos2

10:00 PM PST on Thursday, November 12, 2009

The Press-Enterprise

The California Fair Political Practices Commission has decided to investigate a complaint about San Bernardino County District Attorney Mike Ramos’ failure to disclose income in a state financial disclosure form.

Letters to Ramos and the person who filed the complaint, whose name was not released, were sent out Tuesday, said Roman Porter, executive director of the state watchdog agency.

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