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City & State News

Cool Million California State Treasurer Philip Angelides presented a check for $1 million to San Diego Mayor Dick Murphy as part of a new initiative sponsored by the treasurer. Dubbed California Recycle Underutilized Sites (Cal ReUSE), it is part of the treasurer’s “Double Bottom Line” investment strategy, which focuses on achieving successful investment results while simultaneously broadening economic opportunity in California communities. According to a press release, “Tackling the challenge of brownfields, Cal ReUSE aims to help localities reduce environmental degradation, revitalize neighborhoods and support sustainable growth patterns.” Cal ReUSE provides funding to help communities perform assessments and remediation studies. The program also lets cities issue forgivable loans to property owners and development entities to pay for site assessment and characterization, technical assistance, remedial action plans and site access. San Diego was chosen as one of three initial Cal ReUSE strategic partners, along with the cities of Oakland and Emeryville,…Log In to Read Full Article

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