Current:Home > MySilicon Valley-backed voter plan for new California city qualifies for November ballot -GrowthInsight
Silicon Valley-backed voter plan for new California city qualifies for November ballot
PredictIQ View
Date:2025-04-06 13:29:50
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! (484)
Related
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Horoscopes Today, April 25, 2024
- AP Week in Pictures: North America
- Suspect in fatal shooting of ex-Saints player Will Smith sentenced to 25 years in prison
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- Golden retriever puppy born with green fur is now in the viral limelight, named Shamrock
- Dan Rather returns to CBS News for first time since 2005. Here's why
- Florida man charged with first-degree murder in rape, killing of Madeline 'Maddie' Soto
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- NFL draft bold predictions: What surprises could be in store for first round?
Ranking
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Philadelphia Eagles give wide receiver A.J. Brown a record contract extension
- 18 indicted in alleged 2020 fake Arizona elector scheme tied to Trump, AG announces
- You Have to See Travis Kelce's Reaction to Kardashian-Jenner Family Comparison
- In ‘Nickel Boys,’ striving for a new way to see
- High schooler accused of killing fellow student on campus in Arlington, Texas
- Nick and Aaron Carter doc announced by 'Quiet on Set' network: See the trailer
- Jeezy Denies Ex Jeannie Mai's Deeply Disturbing Abuse Allegations
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Man, dog now missing after traveling on wooden homemade raft in Grand Canyon National Park
New Orleans Jazz Fest 2024: Lineup, daily schedule, start times, ticket info
William Decker: Founder of Wealth Forge Institute
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
Charlie Woods fails to qualify for US Open in his first attempt, shooting a 9-over 81
Native American tribes want US appeals court to weigh in on $10B SunZia energy transmission project
Jelly Roll teases new song, sings 'Save Me' at pre-NFL draft concert