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CALIFORNIA | LOCAL
November 16, 2010 | By Shane Goldmacher, Los Angeles Times
Over the objection of the state's top two fiscal officials, the Schwarzenegger administration on Monday pushed through a controversial plan to sell state properties to raise money for cash-strapped California. The sale of 24 buildings at 11 locations, including the Ronald Reagan State Building in downtown Los Angeles, is expected to generate $1.2 billion to help shrink the budget deficit. The state is obligated to lease back the properties for at least 20 years. A recent report from the nonpartisan Legislative Analyst's Office said the costs involved in the transaction over the long run will be roughly equivalent to borrowing at 10% interest for 35 years ?
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CALIFORNIA | LOCAL
October 11, 2013 | By Ruben Vives
A woman wielding a knife was shot by police in downtown Los Angeles on Friday, not far from the Ronald Reagan State Building, authorities say. The shooting in the St. George Hotel, in the 300 block of East 3rd Street, occurred after LAPD officers responded to a call about 12:45 p.m. of a woman who was causing a disturbance, according to witnesses and police. The woman's condition and her identity were not known. She  was described as being in her 50s. During a confrontation, one officer fired his weapon, striking the woman, who was taken to a local hospital.
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CALIFORNIA | LOCAL
October 11, 2013 | By Ruben Vives
A woman wielding a knife was shot by police in downtown Los Angeles on Friday, not far from the Ronald Reagan State Building, authorities say. The shooting in the St. George Hotel, in the 300 block of East 3rd Street, occurred after LAPD officers responded to a call about 12:45 p.m. of a woman who was causing a disturbance, according to witnesses and police. The woman's condition and her identity were not known. She  was described as being in her 50s. During a confrontation, one officer fired his weapon, striking the woman, who was taken to a local hospital.
CALIFORNIA | LOCAL
December 29, 2010 | By Shane Goldmacher, Los Angeles Times
Opponents of the controversial sale of two dozen state government buildings won a significant victory Tuesday, when the state Supreme Court declined to hear a last-minute plea by Gov. Arnold Schwarzenegger to approve the deal. The decision does not officially kill the sale; a state appeals court has scheduled a hearing on the case next month. But the Supreme Court's decision ensures that final approval must be made by Gov.-elect Jerry Brown, not Schwarzenegger, who has been the transaction's biggest booster.
CALIFORNIA | LOCAL
December 29, 2010 | By Shane Goldmacher, Los Angeles Times
Opponents of the controversial sale of two dozen state government buildings won a significant victory Tuesday, when the state Supreme Court declined to hear a last-minute plea by Gov. Arnold Schwarzenegger to approve the deal. The decision does not officially kill the sale; a state appeals court has scheduled a hearing on the case next month. But the Supreme Court's decision ensures that final approval must be made by Gov.-elect Jerry Brown, not Schwarzenegger, who has been the transaction's biggest booster.
CALIFORNIA | LOCAL
November 17, 1989 | MYRNA OLIVER, TIMES STAFF WRITER
Born a slave in 1818, Biddy Mason walked to California behind her Mississippi master's covered wagon, won her freedom in a Los Angeles court and saved the wages from her job as a midwife to buy a $250 plot near downtown's 4th and Spring streets in 1866. She built a wooden house, then a mixed-use brick building with business space on the first floor and her home above. From that home she founded a day nursery and a school and, in 1872, the First African Methodist Episcopal Church of Los Angeles.
CALIFORNIA | LOCAL
December 11, 2010 | By Maria L. La Ganga, Los Angeles Times
A San Francisco judge refused Friday to halt the controversial sale of two dozen government buildings, clearing the way for what the Schwarzenegger administration describes as a much-needed infusion of revenue to shore up the ailing state budget. Superior Court Judge Charlotte Woolard ruled that the two men who opposed the sell-off ? which they described as a waste of taxpayer money ? have no standing to sue the state to stop the transaction. Outside Woolard's courtroom, a spokesman for the Department of General Services, which is conducting the $2.3-billion sale, said the state is "very satisfied with the judge's ruling" and would work to close escrow as planned on Wednesday.
CALIFORNIA | LOCAL
December 11, 2010 | By Maria L. La Ganga, Los Angeles Times
A San Francisco judge refused Friday to halt the controversial sale of two dozen government buildings, clearing the way for what the Schwarzenegger administration describes as a much-needed infusion of revenue to shore up the ailing state budget. Superior Court Judge Charlotte Woolard ruled that the two men who opposed the sell-off ? which they described as a waste of taxpayer money ? have no standing to sue the state to stop the transaction. Outside Woolard's courtroom, a spokesman for the Department of General Services, which is conducting the $2.3-billion sale, said the state is "very satisfied with the judge's ruling" and would work to close escrow as planned on Wednesday.
CALIFORNIA | LOCAL
November 23, 2010 | By Maria L. La Ganga, Los Angeles Times
A San Francisco judge said Monday that she would consider whether to block the sale of more than 20 state buildings, including the home of the California Supreme Court, before the close of escrow next month. A lawsuit, filed on behalf of two former members of the Los Angeles State Building Authority, contends the state cannot sell buildings that house the appellate courts without the approval of the state Judicial Council, the courts' policy-making body headed by Chief Justice Ronald M. George.
CALIFORNIA | LOCAL
November 16, 2010 | By Shane Goldmacher, Los Angeles Times
Over the objection of the state's top two fiscal officials, the Schwarzenegger administration on Monday pushed through a controversial plan to sell state properties to raise money for cash-strapped California. The sale of 24 buildings at 11 locations, including the Ronald Reagan State Building in downtown Los Angeles, is expected to generate $1.2 billion to help shrink the budget deficit. The state is obligated to lease back the properties for at least 20 years. A recent report from the nonpartisan Legislative Analyst's Office said the costs involved in the transaction over the long run will be roughly equivalent to borrowing at 10% interest for 35 years ?
CALIFORNIA | LOCAL
November 10, 2010 | By Shane Goldmacher, Los Angeles Times
California's plan to sell government office buildings to generate short-term cash will cost hundreds of millions of dollars more than previously estimated and is the equivalent of long-term borrowing at 10% interest, according to an internal review prepared for the Legislature. Gov. Arnold Schwarzenegger and state lawmakers approved the building sales in 2009 and put the structures, including the Ronald Reagan State Building in downtown Los Angeles, on the market in February. The plan is to use the proceeds from the sale of 24 state buildings at 11 locations to shrink the deficit.
OPINION
October 18, 2010
State and local governments need money to get through the economic slump, so they're turning to, well, garage sales. The city of Los Angeles is doing so literally, negotiating the long-term lease of parking garages to private operators. And California officials reported Oct. 11 that they had reached a deal to sell the Ronald Reagan State Building and the Junipero Serra Building in downtown Los Angeles, plus nine other buildings in four other cities, to a private real estate partnership.
BUSINESS
April 24, 2010 | By Roger Vincent, Los Angeles Times
Competing investors have made more than 300 offers to buy two dozen of the state of California's best office buildings, the Department of General Services said Friday. The state put the offices on the market in February. It plans to sell the structures, including the Ronald Reagan State Building in downtown Los Angeles, and then lease them back from the new owners for at least 20 years. Gov. Arnold Schwarzenegger and the Legislature approved the sale last June in the hope of raising hundreds of millions of dollars for the state's strapped general fund.
OPINION
October 18, 2010
State and local governments need money to get through the economic slump, so they're turning to, well, garage sales. The city of Los Angeles is doing so literally, negotiating the long-term lease of parking garages to private operators. And California officials reported Oct. 11 that they had reached a deal to sell the Ronald Reagan State Building and the Junipero Serra Building in downtown Los Angeles, plus nine other buildings in four other cities, to a private real estate partnership.
CALIFORNIA | LOCAL
November 10, 2010 | By Shane Goldmacher, Los Angeles Times
California's plan to sell government office buildings to generate short-term cash will cost hundreds of millions of dollars more than previously estimated and is the equivalent of long-term borrowing at 10% interest, according to an internal review prepared for the Legislature. Gov. Arnold Schwarzenegger and state lawmakers approved the building sales in 2009 and put the structures, including the Ronald Reagan State Building in downtown Los Angeles, on the market in February. The plan is to use the proceeds from the sale of 24 state buildings at 11 locations to shrink the deficit.
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