AC Transit to Hold Community Meetings on Proposed Fare Changes – Public Comment Invited

AC Transit will be hosting several community meetings next week about Proposed Fare Restructuring. A series of community meetings on the proposal will be held and the public is invited to attend and comment. The proposal includes these elements: • Introducing a local Day Pass & eliminating transfers • Adjusting...

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Chevron Richmond* Invests $15.5 million to Improve Local Economy and Schools in Richmond

Chevron Richmond today announced a $15.5 million investment in Richmond to create jobs, grow small businesses, expand job training opportunities and improve schools over the next five years. Leadership from Chevron Richmond joined stakeholders from across the community to announce the launch of the unprecedented Community Revitalization Initiative, the company’s...

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Imminent – Eminent It’s a Tongue Twister

A monthly update by Michelle Blackwell, Chair, Richmond Chamber Government Relations Committee. The September meeting of the Government Relations Committee was lively and focused on two major issues that will impact the Richmond Business community if they come to fruition.  BART Board member Zakhary Mallett came to the meeting to...

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Eminent Domain & Housing – The Sword of Damocles Remains Overhead

Report by Jonathan Woloshin, CFA, analyst, UBS FS jonathan.woloshin@ubs.com. Read the original report here. The city council of Richmond California recently approved the use of Eminent Domain to seize/refinance underwater from private label mortgage backed securities. Implementation remains uncertain as numerous legal challenges have been brought by numerous parties. We...

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