This Week: West SOMA and Prop M Office Updates
6/10/2011 - John Kevlin
Western SoMa Rezoning Update: Fault Lines Emerge Between Planning Department and Board of Supervisors
With the final details of the Western SoMa rezoning being hammered out, differences between the Planning Department and some Board members are coming to the surface. On Monday, the Board’s Land Use Committee held a hearing on a Board resolution that would encourage the Planning Commission to include a Community Stabilization Policy in the Western SoMa community plan that it ultimately adopts.
The stabilization policy, approved by the local Western SoMa citizens planning group in 2009, would seek to maintain the existing character of the Western…
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This Week: Local State Reps Respond to Changing Land Use Environment; Oakland Skyline Growing
6/2/2011 - John Kevlin
Assemblywoman Ma, Senator Hancock, Introduce Bills to Make Establishing Infrastructure Financing Districts Easier
Back in April, we wrote about the potential use of Infrastructure Financing Districts in the city should Redevelopment be eliminated, as proposed by the Governor. These IFDs provide a similar mechanism to capture and redirect increased tax revenue back to the district and to issue bonds backed by the captured tax revenue. To see our previous update on IFDs, click here: http://mytinyurl.com/htpb42mpp6.
As a creature of state law, any tweaks to the IFD law must go through Sacramento. And, possibly also foreseeing a greater reliance…
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