Billionaire-backed plan for Solano utopian city qualifies for ballot

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Billionaire-backed plan for Solano utopian city qualifies for ballot
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A Silicon Valley-backed initiative to build a green city for up to 400,000 people in Solano County has qualified for the Nov. 5 ballot, elections officials said Tuesday. Solano County ’s registrar of voters said in a statement that the office verified a sufficient sampling of signatures. California Forever, the company behind the campaign, submitted well over the 13,000 valid signatures required to qualify.

The land-use change is necessary to build the homes, jobs and walkable downtown proposed by Jan Sramek, a former Goldman Sachs trader who heads up California Forever.Sramek, who has the backing of wealthy investors such as philanthropist Laurene Powell Jobs and venture capitalist Marc Andreessen, disclosed that the campaign spent $2 million in the first quarter of 2024.

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