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hollister rda 12/21/11 0900 E.A.

while the future of redevelopment agencies in california are yet to be determined, hollister officials are expecting financial stress on redevelopment projects in coming years.  the hollister r.d.a. has about 79 million dollars in anticipated debt to pay off during the final 12 years of allowed program activity.  under the current scenario, the rda would have to halt all activities in 2023 and finish all payments by 2033.  one of the last major projects by the rda is the 5-million dollar fire station number 1 reconstruction.  

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