Judge Orders CalPERS Release Page Mill Props Docs
Original post made by Watcher, East Palo Alto, on Sep 14, 2010
BREAKING NEWS: On September 14, 2010, a San Francisco Superior Court judge ordered CalPERS to release all documents it holds pertaining to Page Mill Properties II, Page Mill's failed East Palo Alto investment vehicle. The ruling came in response to a complaint filed on July 16, 2010, by the First Amendment Coalition. According to the supporting brief, "the documents at issue may shed considerable light on the factors that came to bear on CalPERS' decision to make the East Palo Alto investment." In the ruling, Judge Woolard stated that the amount of public money involved clearly weighed in favor of disclosure. See print coverage for details.