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  State Department of Finance Approves Brad Moody Underpass Redevelopment Funding
September 17, 2012

We learned today that the State Department of Finance has reversed its earlier opinion and has now recognized the Bradley Moody Grade Separation Project as a continuing obligation of the former redevelopment agency.  This preserves the redevelopment funding that was previously in place for the project and will allow it to move forward.  Please see the attached letter for details regarding their ruling.

Thanks go to Alan Wolken and his successor agency staff for making this happen.

Dept. of Finance