Josh Dulaney, Staff Writer
Created: 10/28/2009 03:40:03 PM PDT

RIALTO – Officials here hope an injection of taxpayer dollars can help prevent the city’s biggest redevelopment bet from going bust.

The City Council, acting as the Redevelopment Agency, has approved a $10.9 million interim agreement with developers while they renegotiate the price of land critical to Renaissance Rialto, a proposed mixed-use project along the 210 Freeway.

It’s a move that could eliminate funding for new projects in the foreseeable future, said Robb Steel, economic development director for the city.

“We’re buying a little bit of breathing room,” Steel said. “It’s not a situation we want to be in, obviously.”

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Joe Nelson, Staff Writer
Posted: 10/28/2009 03:55:12 PM PDT

The county, at the request of Supervisor Neil Derry, will conduct a survey of other counties to see how they handle accrual of vacation time for their employees.

Derry, who is pushing for caps on vacation accrual time for high-level county employees, made the request to County Administrative Officer Mark Uffer during Tuesday’s Board of Supervisors meeting.

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By Dale Kasler
dkasler@sacbee.com
Published: Thursday, Oct. 29, 2009 – 12:00 am | Page 8B

CalPERS is reviewing its relationship with Apollo Management, a big private-equity firm that hired controversial placement agent Alfred Villalobos to obtain investment business from the pension fund.

CalPERS spokeswoman Pat Macht said the review began in May and isn’t tied to a separate review, begun two weeks ago, of Villalobos’ activities. Rather, the review is focusing on Apollo fund performances and other issues, she said. The Apollo investments had been doing poorly as of last spring but have rallied lately, according to CalPERS data.

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