California Forever’s effort to build a planned city in the San Francisco Bay Area will no longer appear on the November ballot.
A new report from Solano County found that the planned city may not be financially feasible, leading California Forever to withdraw it from the ballot.
The big picture: California Forever, the Silicon Valley-backed venture, said it will try again in two years.
- Solano County supervisors were set to consider the report on Tuesday, but California Forever made a quick decision to push the effort back to 2026.
Driving the news: According to the report, the planned city would likely cost Solano County billions of dollars and create substantial financial deficits.
- Agricultural production would also be significantly affected, and local water supplies could be threatened.
What we’re watching: California Forever plans to work with the county over the next two years to create an environmental impact report and a development agreement.
What they’re saying: “We are who we are in Solano County because we do things differently here,” said Mitch Mashburn, chair of the county’s Board of Supervisors, in the statement. “We take our time to make informed decisions that are best for the current generation and future generations. We want to make sure that everyone has the opportunity to be heard and get all the information they need before voting on a General Plan change of this size.”