Another well written analysis from Dennis Evanosky in today's "Sun." Thank you for highlighting the FACTS and debunking the "red-hot rhetoric" that are clouding our ability to rationally think through the decision that is put before us.
To Summarize - Measure A says two things:
- There shall be no dwelling units built in the City of Alameda
- The maximum density for any residential development within the City of Alameda shall be one housing unit per 2,000 square feet of land
- The proposed measure (it's not even a ballot initiative yet) will NOT repeal Measure A. It exempts the Alameda Point development only.
- The proposed measure adds a new chapter to the General Plan to establish policies at Alameda Point. These policies require any developer to provide certain amenities. It doesn't mention SunCal explicitly because there is no rock hard, closed deal with SunCal at this time. You don't want to lock a specific contractor into City law.
- Signing the initiative does not pass the proposed measure - it ONLY gets it on the November ballot.
- The redevelopment agency directs all tax increment legally allowed to the property
- It will form a Mello-Roos district that allows the sale of bonds and collection of a special property tax paid solely by Alameda Point property owners and ONLY to finance the improvements
Mr. Evanosky's analysis is the kind of journalism that is sorely needed at this time. Straight, simple, no editorial. It helps us stay focused on what matters in the discussion, and it would seem that what matters to Alameda are the two items I've raised on several occasions in this blog:
- Toxic clean up - more than we think, more expensive than all the estimates. What is the contingency plan?
- 4,000-5,000 dwelling units (NOT individual houses) plus numerous business with limited access and a flawed assumption that the people who live on the Point will automagically work on the point will create a traffic nightmare (for Alameda, 880 AND Oakland China Town). Regardless of the density statistics, this still feels like way too much housing. What are the economics of the project if the housing inventory is cut in 1/2?