Attacked by critics as a way to divert county property tax revenue, state legislation that would designate the Port of Los Angeles as a redevelopment area failed to make it out of the Assembly's Local Government Committee this week, the Daily Breeze reported. The bill could return in January, said Los Angeles Councilwoman Janice Hahn, who testified in favor of the legislation in Sacramento. Los Angeles County representatives testified against the measure. The bill, backed by the Port of Los Angeles and the Los Angeles City Council, was viewed by supporters as a way to help pay for the port's multi-million-dollar waterfront redevelopment and port security.
Body Shop Closure Puts Car Owners in a Fix
More than 2,000 customers of M2 Automotive Inc. were without their cars this week after the chain of body shops was shut down when the owners ran out of money, the Los Angeles Times reported. Santa Monica-based M2, which operates a chain of 27 body shops, was forced to close last weekend after negotiations with a potential buyer collapsed. Creditors of the privately held company, which had been for sale since last fall, stopped funding operations and froze its bank accounts. If an auction set for this weekend of the company's estimated $3 million in assets is successful, new owners may have the shops reopened early next week.
Villaraigosa Backs LAUSD Reform
Mayoral candidate and Los Angeles City Councilman Antonio Villaraigosa said Thursday that the next mayor should have "ultimate control" of the Los Angeles Unified School District, and responsibility for the performance of its 810 schools, Copley News Service reported. The move comes two days after Mayor James Hahn called for the power to appoint three school board members. Villaraigosa said he would build consensus for a ballot measure that would make Los Angeles more like Chicago and New York, where mayors have already gained power over public schools.
Time Warner in Charge
Cable giant Time Warner Inc. will likely dominate the L.A. region once the multibillion-dollar deal with Comcast Corp. to buy bankrupt Adelphia overcomes the necessary regulatory hurdles, analysts said. That begins by transferring all Adelphia subscribers nearly 1.5 million to Time Warner, which currently provides cable TV access to at least 125,000 subscribers in Los Angeles. There are more than 3 million cable subscribers in the region, the Daily News of Los Angeles reported. The deal is expected to close in the next nine to 12 months. Adelphia said a majority of its 2,600 employees in Southern California affected by the deal will be absorbed by Time Warner and Comcast.
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