That’s what Riverside County must repay in bonds taken out for redevelopment projects now that the agency is disbanded

 

Published: 07 August 2012 05:51 PM

Before it was dissolved earlier this year, Riverside County’s redevelopment agency accumulated $1.6 billion in debt, which will take 30 years to pay back, officials acknowledged recently.

To read story by Jeff Horseman in the Press-Enterprise, click here.