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#3
Monstrous anchors to the past - a tangle of bad
property acquisitions, bond obligations, tax
levies and long-term operating costs
Bell leaders leave, tax 35
burden stays
City must pay back $50 million in
bonds for a nonexistent park. Part
of the funds went into Rizzo's
pocket. LA Times, August 30, 2011
Bell's bonds downgraded to junk status
CPAAC, Hampian, 9-18-15
#2
Severely damaged civic infrastructure – the
organization, it’s delivery capacity, processes,
community habits, and civic culture
Bell could have trouble providing basic services
Bell finds reform is harder than it looks
An Audit Finds a City Spent Uncontrollably 36
CPAAC, Hampian, 9-18-15
18
