Current:Home > reviewsSilicon Valley-backed voter plan for new California city qualifies for November ballot -Momentum Wealth Path
Silicon Valley-backed voter plan for new California city qualifies for November ballot
View
Date:2025-04-13 23:23:34
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! (34)
Related
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Why Priyanka Chopra Was Very Emotional During Daughter Malti's Latest Milestone
- 17 Surprising Met Gala Secrets Revealed: $30,000 Tickets, an Age Limit and Absolutely No Selfies
- Met Gala 2023: Pregnant Serena Williams Announces She's Expecting Baby No. 2 With Alexis Ohanian
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Checking In With All the Former Stars of Below Deck Sailing Yacht
- More than half of the world's largest lakes are shrinking. Here's why that matters
- The Young and the Restless' Eric Braeden Reveals Cancer Diagnosis
- Average rate on 30
- Our Favorite Viral TikTok Products That Are Actually Worth the Buy
Ranking
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Get Smudge-Proof Voluminous Lashes for 36 Hours With This 2 Benefit Mascaras for the Price of 1 Deal
- Here’s What Sarah Hyland Would Tell Herself During Her Modern Family Days
- Live From New York It’s Pete Davidson and Chase Sui’s Date Night
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Mother's Day Gifts for Wine Moms: Flight Sets, Bottle Chillers, Wine Charms & More
- Gabrielle Union and Dwyane Wade Bring It With Head-Turning Appearance at Met Gala 2023
- Daniel Radcliffe Welcomes First Baby With Girlfriend Erin Darke
Recommendation
A South Texas lawmaker’s 15
Pregnant Rihanna Has Finally Graced the 2023 Met Gala With Her Very Fashionable Presence
Why Dylan Mulvaney Is Returning to Social Media Amid “Cruel” Brand Deal Criticism
Jessica Simpson Serves “Neon Energy” in New Bikini Selfie
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Joshua trees are dying. This new legislation hopes to tackle that
SUPERBLOOM: A beautiful upside to the California downpours
Kim Kardashian Teases Her Purrfect Fashion Preparation for 2023 Met Gala