Here is an e-mail I received from council member Jerome Stocks:
Subject: Re: Leucadia NOT blighted
Dear Mr. and Mrs. St.Pierre;
I view this as an opportunity to keep locally-paid property taxes local in order to help fix local problems with roads and flooding, etc. Many people have fears based on the bad old days, but we can, and should, set rules in place to eliminate the "land grab" power that some RDA's have.
This is not about condeming one private property owner to favor some other private property owner, its truly about keeping more of our locally paid taxes local, and there will need to be many more public meetings before any decision is reached or action is taken.
Hope this information is helpful.
City of Encinitas