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Ballot measure to build billionaire-funded city in California withdrawn

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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.

Continue reading… World news | The Guardian

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