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. Continue reading...
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