Current:Home > MarketsSilicon Valley-backed voter plan for new California city qualifies for November ballot-LoTradeCoin
Silicon Valley-backed voter plan for new California city qualifies for November ballot
View Date:2024-12-23 22:34:47
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! (5152)
Related
- Robert F. Kennedy Jr. has a long record of promoting anti-vaccine views
- There was an outcry about ‘practice babies’ on TikTok. It’s not as crazy as it sounds.
- Alexei Navalny, jailed opposition leader and Putin’s fiercest foe, has died, Russian officials say
- Protests, poisoning and prison: The life and death of Russian opposition leader Alexei Navalny
- The charming Russian scene-stealers of 'Anora' are also real-life best friends
- Sora is ChatGPT maker OpenAI’s new text-to-video generator. Here’s what we know about the new tool
- Tech companies sign accord to combat AI-generated election trickery
- Taylor Swift donates $100,000 to family of radio DJ killed in Kansas City shooting
- ONA Community Introduce
- Taylor Swift gives $100,000 to the family of the woman killed in the Chiefs parade shooting
Ranking
- After years of unrest, Commanders have reinvented their culture and shattered expectations
- Russell Simmons sued for defamation by former Def Jam executive Drew Dixon who accused him of rape
- Maryland Gov. Wes Moore unveils $90M for environmental initiatives
- Connecticut-Marquette showdown in Big East highlights major weekend in men's college basketball
- LSU leads college football Week 11 Misery Index after College Football Playoff hopes go bust
- Morgan Wallen to open 'This Bar' in downtown Nashville: What to know
- Wounded Gaza boy who survived Israeli airstrike undergoes surgery in U.S.
- White House objected to Justice Department over Biden special counsel report before release
Recommendation
-
'Serial swatter': 18-year-old pleads guilty to making nearly 400 bomb threats, mass shooting calls
-
Vampire Weekend announces North American tour, shares new music ahead of upcoming album
-
Southern lawmakers rethink long-standing opposition to Medicaid expansion
-
Bow Wow Details Hospitalization & “Worst S--t He Went Through Amid Cough Syrup Addiction
-
College football top five gets overhaul as Georgia, Miami both tumble in US LBM Coaches Poll
-
Top National Security Council cybersecurity official on institutions vulnerable to ransomware attacks — The Takeout
-
More gamers are LGBTQ, but video game industry lags in representation, GLAAD report finds
-
Austin Butler Makes Rare Comment on Girlfriend Kaia Gerber