Current:Home > StocksSilicon Valley-backed voter plan for new California city qualifies for November ballot -Wealth Harmony Labs
Silicon Valley-backed voter plan for new California city qualifies for November ballot
View
Date:2025-04-13 09:40:57
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! (2)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- 15 new movies you'll want to stream this holiday season, from 'Emilia Perez' to 'Maria'
- Investigators believe Wisconsin kayaker faked his own death before fleeing to eastern Europe
- 13 Skincare Gifts Under $50 That Are Actually Worth It
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Arkansas governor unveils $102 million plan to update state employee pay plan
- Mike Tyson impresses crowd during workout ahead of Jake Paul fight
- Dallas Long, who won 2 Olympic medals while dominating the shot put in the 1960s, has died at 84
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Democratic state leaders prepare for a tougher time countering Trump in his second term
Ranking
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Tony Hinchcliffe refuses to apologize after calling Puerto Rico 'garbage' at Trump rally
- Patricia Heaton criticizes media, 'extremists' she says 'fear-mongered' in 2024 election
- Rare Alo Yoga Flash Sale: Don’t Miss 60% Off Deals With Styles as Low as $5
- Current, future North Carolina governor’s challenge of power
- Ben Foster files to divorce Laura Prepon after 6 years, according to reports
- Homes of Patrick Mahomes, Travis Kelce burglarized, per reports
- Queen Elizabeth II's Final 5-Word Diary Entry Revealed
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
Minnesota man is free after 16 years in prison for murder that prosecutors say he didn’t commit
Republican Dan Newhouse wins reelection to US House in Washington
Man jailed after Tuskegee University shooting says he fired his gun, but denies shooting at anyone
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
Moana 2 Star Dwayne Johnson Shares the Empowering Message Film Sends to Young Girls
Bev Priestman fired as Canada women’s soccer coach after review of Olympic drone scandal
Georgia public universities and colleges see enrollment rise by 6%