TAHOMA, Calif. – California Controller John Chiang said Thursday that San Jose’s redevelopment agency improperly transferred out $148 million of assets, including the potential site of a ballpark for the Oakland Athletics baseball franchise, before it was dissolved.

“The governor and Legislature made it clear that redevelopment assets need to go toward retiring RDA debt and funding critical services at the local level,” Chiang said in a statement. “Our reviews in San Jose and elsewhere are meant to ensure that happens.”

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