Current:Home > ContactSilicon Valley-backed voter plan for new California city qualifies for November ballot -Zenith Investment School
Silicon Valley-backed voter plan for new California city qualifies for November ballot
View
Date:2025-04-12 20:12:40
SAN FRANCISCO (AP) — A Silicon Valley-backed initiative to build a green city for up to 400,000 people in the San Francisco Bay Area has qualified for the Nov. 5 ballot, elections officials said Tuesday.
Solano County’s registrar of voters said in a statement that the office verified a sufficient sampling of signatures. California Forever, the company behind the campaign, submitted well over the 13,000 valid signatures required to qualify.
The registrar is scheduled to present the results of the count to the county Board of Supervisors in two weeks, at which point the board can order an impact assessment report.
Voters will be asked to allow urban development on 27 square miles (70 square kilometers) of land between Travis Air Force Base and the Sacramento River Delta city of Rio Vista currently zoned for agriculture. The land-use change is necessary to build the homes, jobs and walkable downtown proposed by Jan Sramek, a former Goldman Sachs trader who heads up California Forever.
Sramek, who has the backing of wealthy investors such as philanthropist Laurene Powell Jobs and venture capitalist Marc Andreessen, disclosed that the campaign spent $2 million in the first quarter of 2024.
He expects the amount spent to be higher in the second quarter, he told The Associated Press in an interview before the ballot initiative was certified.
Opposition includes conservation groups and some local and federal officials who say the plan is a speculative money grab rooted in secrecy. Sramek outraged locals by covertly purchasing more than $800 million in farmland and even suing farmers who refused to sell.
The Solano Land Trust, which protects open lands, said last week that such large-scale development “will have a detrimental impact on Solano County’s water resources, air quality, traffic, farmland, and natural environment.”
Sramek expects to have 50,000 residents in the new city within the next decade. The proposal includes an initial $400 million to help residents buy homes in the community, as well as an initial guarantee of 15,000 local jobs paying a salary of at least $88,000 a year.
Companies that specialize in aerospace and defense manufacturing and indoor vertical farming are among those expressing interest should voters approve the project, California Forever previously announced. It also plans on constructing a regional sports complex.
veryGood! (93687)
Related
- 'We're reborn!' Gazans express joy at returning home to north
- Here's what happens to the body in extreme temperatures — and how heat becomes deadly
- To Save the Vaquita Porpoise, Conservationists Entreat Mexico to Keep Gillnets Out of the Northern Gulf of California
- After a historic downturn due to the pandemic, childhood immunizations are improving
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- The White House and big tech companies release commitments on managing AI
- Turn Your House Into a Smart Home With These 19 Prime Day 2023 Deals: Ring Doorbell, Fire TV Stick & More
- Raises Your Glasses High to Vanderpump Rules' First Ever Emmy Nominations
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Texas Environmentalists Look to EPA for Action on Methane, Saying State Agencies Have ‘Failed Us’
Ranking
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Zayn Malik Reveals the Real Reason He Left One Direction
- Texas Project Will Use Wind to Make Fuel Out of Water
- TikTok’s Favorite Oil-Absorbing Face Roller Is Only $8 for Amazon Prime Day 2023
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- House Republicans' CHOICE Act would roll back some Obamacare protections
- A 3M Plant in Illinois Was The Country’s Worst Emitter of a Climate-Killing ‘Immortal’ Chemical in 2021
- People and pets seek shade and cool as Europe sizzles under a heat wave
Recommendation
DoorDash steps up driver ID checks after traffic safety complaints
Across New York, a Fleet of Sensor-Equipped Vehicles Tracks an Array of Key Pollutants
Mathematical Alarms Could Help Predict and Avoid Climate Tipping Points
Denied abortion for a doomed pregnancy, she tells Texas court: 'There was no mercy'
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
One Man’s Determined Fight for Solar Power in Rural Ohio
Kyle Richards Claps Back at “Damage Control” Claim After Sharing Family Photo With Mauricio Umansky
Chris Hemsworth Shares Rare Glimpse of Marvelous Family Vacation With His 3 Kids