Records Show $425K Is Missing From Bell Land Deal

The Los Angeles Times reports Thursday that then-City Administrator Robert Rizzo and ex-General Services director Eric Eggena wanted the property as part of a revitalization effort in the city’s business district.

The city paid $1.35 million for the property, which had an appraised value of $612,000. The seller was required to make to make a $425,000 charitable contribution to the city, but there’s no trace of the donation.

Rizzo and seven other ousted officials are facing trial for corruption, mostly for concealing their high salaries. Eggena was not charged.