Plan to Create Green City in California to Be Put to Voters voanews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from voanews.com Daily Mail and Mail on Sunday newspapers.
SAN FRANCISCO The company backed by Silicon Valley billionaires that for years stealthily snapped up more than $800 million worth of rural land for a new walkable, affordable and green city between San Francisco and Sacramento now needs voters to embrace the idea.
Promoters of a secretive Silicon Valley-backed ballot initiative to build a new city on farmland between Sacramento and San Francisco are releasing more details of their plan as they submit paperwork Wednesday to qualify for the November election.
CEO Jan Sramek said Wednesday that the investors including billionaire venture capitalists Marc Andreessen and Michael Moritz and fellow billionaires LinkedIn co-founder Reid Hoffman and businesswoman Laurene Powell Jobs, 'are people who believe in California.'
California Forever released its full ballot initiative, known as the East Solano Homes, Jobs, and Clean Energy Initiative, for the November ballot. Passage would set in motion a plan to build a community of at least 50,000 people north of the intersection of Highway 113 and Highway 12 just west of Rio Vista. At a press conference in Rio Vista, CEO Jan Sramek, other representatives of the company, and community members spoke about what they see as an exciting opportunity for Solano County. “Today is a day that many of us have been looking forward to for a long time,” […]