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to "protect and secure existing obligations" and start buying and building projects that are part of the city's capital improvement and affordable housing plans.Details were still in development late Tuesday, but Mavrogenes said the idea is to enter into "cooperative agreements" with the city that bind existing redevelopment funds to planned projects. That way, the money will be unavailable if the state moves to shut down agencies and seize their money.Mavrogenes said most of his agency's $185 million in yearly tax revenues are Advertisementobligated to pay debts for existing projects.But the agency has $58 million in its coffers from prior bond sales and other sources that the city would like to protect. Mavrogenes said San Jose wants that money to lure technology jobs, build a charter school on the East Side and acquire land for a baseball stadium.Other cities began taking such actions Friday, when Los Angeles steered $930 million from its redevelopment agency to the city in a bid to protect cash for projects. In an emergency meeting on Monday -- the Martin Luther King holiday -- Fremont's city council approved up to $140 million in redevelopment bonds that it hopes to issue by the end of the month to fund construction of the Irvington BART Station.Riversi