Eklenme: Oct 11, 2008
Kimden: lawcrossing2008
Süre: 3:57
www.EmploymentCrossing.com Opponents of a local ballot measure to cap commercial development have raised nearly half a million dollars, some five times more than supporters have raised to launch and wage their campaign, according to a Santa Monica, California newspapers analysis of campaign finance disclosure statements. Save Our City -- which is comprised of a broad-based coalition of community leaders -- has raised $429,000 to oppose Measure T, an initiative on the November 4 ballot that would cap most commercial development in the beachside city of Santa Monica at 75,000 square feet a year for 15 years. While more than 70 contributors have given money, developers, architects and their representatives accounted for a total of $412,000, or 96 percent of all contributions made to the campaign to date. Most of the money has come from five national developers who have each given between $45,000 and $50,000, the limit before a contributors name must appear on campaign literature. Most of the major contributors are out-of-state companies that own large parcels of prime real estate, some of it slated for large-scale developments. By contrast, the Santa Monica Coalition for a Livable City, which is the sponsor of the ballot measure, had raised $87,000 by October 1st. About $30,000 of that was used to write the measure and gather the signatures needed to qualify it for the ballot.
Tür: News
Taglar: ballot city coalition commercial develop development for livable monica santa to
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