Last night the Fullerton City Council voted to give the County of Orange $4,000,000 of your money. Right now. Right out of your pocket.
So what’s the reason for this unusual generosity? It was because the County was threatening to sue the City over the diversion of property tax increment from the County through the bogus establishment of an expanded Redevelopment project area where no blight exists as required under State law.
The City lawyers, Rutan & Tucker, sure must have felt they had a lousy case – because they cooked up a deal behind the scenes to buy off the County with a ton of up-front cash plus some hinky lease back deals on down the road. Ultimately the total payout will be $25,000,000.
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