Current:Home > ContactSilicon Valley-backed voter plan for new California city qualifies for November ballot -Pinnacle Profit Strategies
Silicon Valley-backed voter plan for new California city qualifies for November ballot
View
Date:2025-04-13 06:20:25
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! (92)
Related
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Taylor Swift's 1989 (Taylor's Version) Vault Tracks Decoded: All the Hidden Easter Eggs
- 3 teens were shot and wounded outside a west Baltimore high school as students were arriving
- Coast Guard deploys ship, plane to search for Maine shooting suspect's boat
- The Best Stocking Stuffers Under $25
- Halloween weekend full moon: Look up to see October 2023 hunter's moon
- Manhunt for Maine mass shooting suspect continues as details on victims emerge
- Democratic Rep. Jared Golden reverses course, now in favor of assault weapons ban after Maine mass shootings
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- 2 bodies found in Vermont were missing Massachusetts men and were shot in the head, police say
Ranking
- What to watch: O Jolie night
- Heisman Trophy race in college football has Michael Penix, J.J. McCarthy at the front
- Sober October? Sales spike shows non-alcoholic beer, wine are on the drink menu year-round
- Search for Maine shooting suspect leveraged old-fashioned footwork and new technology
- Meta donates $1 million to Trump’s inauguration fund
- 2 white boaters plead guilty to misdemeanors in Alabama riverfront brawl
- Hawaii agrees to hand over site to Maui County for wildfire landfill and memorial
- Israeli hostage turns 12 while in Hamas captivity
Recommendation
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
What's Making Us Happy: A guide to your weekend viewing, reading, and listening
EU summit turns its eyes away from Ukraine despite a commitment to stay the course with Zelenskyy
Texas Tech TE Jayden York accused of second spitting incident in game vs. BYU
Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
3-toed dinosaur footprints found on U.K. beach during flooding checks
Sophia Bush’s 2 New Tattoos Make a Bold Statement Amid Her New Chapter
At least 32 people were killed in a multi-vehicle pileup on a highway in Egypt, authorities say