Ballot measure to build billionaire-funded city in California withdrawn
by Coral Murphy Marcos from Technology | The Guardian on (#6PDGC)
Firm behind California Forever', a proposed green city for up to 400,000 people on farmland, pulls back from vote
The company behind the highly criticized California Forever" project, a plan backed by Silicon Valley billionaires to build a green city for up to 400,000 people on California farmland, withdrew the ballot measure for the election in November, according to a letter released Monday.
The decision followed a discussion between Mitch Mashburn, chair of the board of supervisors in Solano county, and Jan Sramek, a former Goldman Sachs trader and chief executive of California Forever.
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