Previously, we reported that the City of Alameda settled a lawsuit with the owners of Video Maniacs over the former video store at the corner of Oak and Central, which the City took by eminent domain to build the Parking Garage and multiplex. The City has confirmed to us that property tax dollars, and not insurance, will pay the settlement.
Continue reading Megaplex $540,000 Lawsuit Settlement Paid by Taxpayers, Not Insurance
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Several people have asked us where the water to serve 5,000 new homes at Alameda Point will come from. In today’s East Bay Express, we have part of the answer. Rummage Sale Saturday, May 2 855 Taylor Avenue Alameda, CA 94501 Washington Elementary School, from 10am to 2pm Toys, books, baby gear, sporting equipment, furniture, clothing….proceeds to benefit Washington and Franklin School PTAs The City of Vallejo, which filed for bankruptcy roughly one year ago, and has many parallels with Alameda (closed Navy base, declining revenues) is getting set to fire their City Manager, just a few weeks after the City of Alameda ousted theirs. Albuquerque, New Mexico residents are finding out the hard way that SunCal’s promises of soccer field parks aren’t always kept, as the New Mexico Independent reports. The Alameda Beer Society, East Bay Trunk Show… The Alameda Megaplex and Civic Center Parking Structure just keeps costing the City of Alameda more money. We just received a copy of an agreement to settle a lawsuit between the City of Alameda and the owners of Video Maniacs, who had their property at the corner of Oak and Central Ave. taken from [...] Having typed this up in response to questions we’ve received, we thought we might as well post it here. SunCal is looking for taxpayer-financing for pretty much every element – infrastructure, fire stations, fire equipment, library, etc. – of their Alameda Point proposal except for the for-profit housing and commercial buildings. As best we can tell, the minimum cost to existing and future Alameda taxpayers is $200 million, running up through to as much as $700 million and beyond, in perpetuity. Less than four months after Save Our City! Alameda ran TV ads on local cable warning that the City was in dire financial straits, verging on bankruptcy, the Alameda City Council last night realized that, well, the City is in dire financial straits, verging on bankruptcy. This week, Save Our City! Alameda released a new video promoting the re-use of buildings at Alameda Point for green-collar job creation and sustainable energy research – expanding on the existing companies there – as an alternative to SunCal’s plans for almost 5,000 homes and un-bearable traffic. |
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