Skip to main content

To Answer Rick Gray: Oakland A's Are Las Vegas-Bound, The City Of Oakland Blew It's Chance In 2021

To Answer Rick Gray: Oakland A's Are Las Vegas-Bound, The City Of Oakland Blew It's Chance In 2021
To Answer Rick Gray: Oakland A's Are Las Vegas-Bound, The City Of Oakland Blew It's Chance In 2021 A regular friend of the Zennie62 Channel Rick Gray asked this question: Zennie, I could care less about who said what and what was said. I just want the A's to stay in Oakland. Do you see any way that the plan Oakland has with the grants from the federal government would work? Could the A's and the City still work something out? My answer was this: I will vlog the total answer but the preliminary response is simply no. Again, the time for Oakland A’s fans to raise their concerns was when I noted the City of Oakland didn’t do the promised tax increment financing zone, which would have led to a large bond issue which would pay for the sea level rise infrastructure improvements, affordable housing and community benefits, and off-site infrastructure improvements. Instead, because the City admitted to me that it did not understand how to do tax increment financing, the lifeblood of redevelopment. Prior to that, which was on July 20, 2021, the Oakland A’s never got construction drawings to the City of Oakland, and you can’t do a development agreement without them! The City of Oakland never made a public issue of this beyond Betsy Lake’s April 21st Memo. I did. But no one picked up on it. That was the time fans should have been paying attention , but they were not. The City then started to think it could use grants in place of the bond issue! $350 million or $400 million in grants will not pay for on-site, off-site, and community benefits costs. That price tag is $375 million plus $450 million , plus $100 million, or $925 million. Now, to pay for that, you would need a plan to build $4 billion in development, of which $2 billion is the ballpark. That would yield a $3.2 billion tax increment revenue and half of that would be bondable at $1.6 billion. Of that, the A’s would pay back the $375 million. Now, you can remove the community benefits part, but that would include affordable housing, or as I told Dave Kaval, pledge $85 million. That would have gotten them out of trouble. But grants instead of bonds was and is a terrible idea. Remember the plan was to build the ballpark first, and Dave Kaval told me the A’s needed a development partner. The City did nothing. And then a kid who calls himself @rainbowmade1880 I agree with you about just trying to figure out how to keep the A’s here and not looking for who’s to blame etc. Unfortunately this person on this channel is spending all of his time getting revenge on the the city of by posting I told you so videos and telling how he should have been put in charge or we wouldn’t be here now. Notice how he didn’t respond to your question.. He is the happiest person is the world to see the A’s leave so he can keep complaining about how he wasn’t hired for this position or that position by the city. Enough already. I checked the YouTube account and while it dates to 2013, it has a website with a URL that was bought in 2022, and just a few months before the Oakland Mayoral Election. This person ALSO SUBSCRIBES TO ALL OF THE MEDIA ON YOU TUBE COMMENTING ON HOWARD TERMINAL AND FITS THE SAME PATTERN AS ANOTHER YOUTUBE CHANNEL WITH THE SAME MESSAGE THAT THEY'RE UPSET THAT I SAY I SHOULD HAVE BEEN HIRED. I now am 100 percent certain the Mayor of Oakland's aide is behind this crap. Wow, weak sauce. They should focus on building a sports events and conventions economy in Oakland. Instead, they waste the taxpayer's money that way. Stay tuned.

via YouTube https://www.youtube.com/watch?v=Te38syYWVR4

Comments

Popular posts from this blog

Alex Castro, Electronic Arts VP, Is Oakland’s “Fake Joe Tuman”, “Crocker Mom”

Alex Castro, is currently Vice President Of Product Management At Electronic Arts, and a fairly-well-known and legendary tech executive, regularly quoted in a number of industry publications. But Alex Castro’s also an Oakland resident who has the terrible habit of going online, making traceble email accounts from his Electronic Arts office, and posing as someone […] from WordPress http://ift.tt/1fVkWP9 via IFTTT

Event: Jog For Jill San Francisco Run September 12th Golden Gate Park

Cal Women's Rowing Team member Jill Costello passed away from complications due to lung cancer on June 24th 2010 and at the age of 21. A San Francisco event and run called Jog For Jill has been established and will be held this Sunday, September 12th at 5 PM. Two members of the Cal Women's Crew team were at the Cal vs. Davis football game wearing Jog For Jill shirts, and were kind enough to provide the video interview above. Below are the other details from the event website, where you're encouraged to pre-register here CLICK FOR SITE : Pre-Registration: Online/$25 Day of Registration: 4:00 p.m./$30 Shotgun Start: 5:00 p.m. After run/walk celebration: 6:00 p.m.- 8:30 p.m. Event Location: Golden Gate Park Music Concourse Bandshell S Tea Garden Drive San Francisco, California 94118 Participants are encouraged to pre-register. Only pre-registered participants will be guaranteed a walk/run T-shirt. T-shirts will be limited to the first 2500 day of regis

Oakland Mayor's Race: LWV Forum Draws Oakland's Older Folks

Oakland Mayor's Race Forum first take. (Which means, there's going to be more of these posts on last night, because a lot was happening.) This just in: The Oakland Tribune's out of touch with Oakland. A number of attendees of the 450 estimated said they learned of the Oakland League Of Women Voters via "the newspaper." All of the people who made that statement were over 50 years old. Still, the forum, which attracted every candidate except Dr. Terrance Candell, was a success. The auditorium at 300 Lakeside Drive seats 380 people, so if you do the math, it was about 70 over capacity. The crowd was a happy mix of supporters of candidates and long-time observers of the Oakland political scene. The one complaint they had was there wasn't enough time to hear what the candidates were about. That wasn't because there were too many candidates, but due to the format. Either Oakland Tribune Editor Martin Reynolds or the League of Women Voter