Oversight panel stumped on stadium financing deal

May 7, 2012 12:00:00 AM PDT
The Oversight Panel charged with breaking up Fresno's Redevelopment agency and redistributing its money has lots of questions about how the city billed the agency for part of the baseball stadium. Questions like this one posed by panel member Jeff Reid: "Was it treated as a potential impairment of the revenue stream and did the bond holders consent to that modification?"