Current:Home > NewsSilicon Valley-backed voter plan for new California city qualifies for November ballot -Elevate Capital Network
Silicon Valley-backed voter plan for new California city qualifies for November ballot
View
Date:2025-04-13 05:33:21
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! (49)
Related
- Senate begins final push to expand Social Security benefits for millions of people
- Harvard's Drew Gilpin Faust says history should make us uncomfortable
- Rumer Willis Admits Her Baby Girl's Name Came From Text Typo
- Events at Fukushima Daiichi nuclear plant since the 2011 earthquake, tsunami and nuclear disaster
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Georgia school district is banning books, citing sexual content, after firing a teacher
- There's only 1 new car under $20,000. Here are 5 cars with the lowest average prices in US
- Court battle begins over Missouri’s ban on gender-affirming health care for minors
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- See the Moment Serena Williams and Alexis Ohanian’s Daughter Olympia Met Her Baby Sister
Ranking
- Travis Hunter, the 2
- Georgia school district is banning books, citing sexual content, after firing a teacher
- Whitney Port, 'Barbie' and the truth about 'too thin'
- Indianapolis police release video of officer fatally shooting Black man after traffic stop
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Attorney John Eastman surrenders to authorities on charges in Georgia 2020 election subversion case
- 'Rust' armorer's trial set for 2024 in fatal shooting by Alec Baldwin on movie set
- Scary landing as jet’s wheel collapses on touchdown in California during Tropical Storm Hilary
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Sha'Carri Richardson wins 100-meter title at world championships to cap comeback
Want to tune in for the first GOP presidential debate? Here’s how to watch
Atlanta-based Morris Brown College says they are reinstating Covid mask mandates
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
North Korea’s Kim lambasts premier over flooding, in a possible bid to shift blame for economic woes
Powerball jackpot reaches $291 million ahead of Monday's drawing. See winning numbers for Aug. 21.
As oil activities encroach on sacred natural sites, a small Ugandan community feels besieged