Tam Valley
Curated News You Can Use, From Mill Valley & Beyond – Week of November 18
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Read MoreCurated News You Can Use, From Mill Valley & Beyond – Week of November 11
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Read MoreCounty’s Hopes for an Innovative Proposal to Split Marin City Affordable Housing Between 150 Shoreline Hwy. in Tam Junction & 825 Drake Ave. in Marin City Hits Another Significant Snag
Caleb Roope, chief executive officer of the Pacific Companies, the project’s developer. “That isn’t how we see it.” Roope said the bonds were issued long ago and purchased by Citibank. He said the ruling has failed to shake Citibank’s confidence in the project. “Everybody takes for granted that you’re not going to be able to unwind approvals that have already happened,” Roope said. “The ruling doesn’t have an effect on what we’re doing and our ability to proceed.” Roope said his company owns the land in Marin City and has all of the needed approvals.
Read MoreCurated News You Can Use, From Mill Valley & Beyond – Week of November 4
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Read MoreCurated News You Can Use, From Mill Valley & Beyond – Week of October 27
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Read MoreCurated News You Can Use, From Mill Valley & Beyond – Week of October 21
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Read MoreCurated News You Can Use, From Mill Valley & Beyond – Week of October 14
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Read MoreCounty’s Hopes for an Innovative Proposal to Split Marin City Affordable Housing Between 150 Shoreline Hwy. in Tam Junction & 825 Drake Ave. in Marin City Hits a Legal Hurdle
What remains murky, however, is what the practical effect will be on the project, if Freccero sticks with his tentative ruling. “I had lots of questions before, and I still have them,” Freccero said. “I’m trying to understand what happens next.” Over $30 million dollars in tax-exempt bonds to finance the project have already been sold. Save Our City, an advocacy group, filed suit in May 2023 to void the Marin County Board of Supervisors’ 3-2 decision in March 2023 to approve the issuance of up to $40 million in tax-exempt revenue bonds for use in underwriting the planned building at 825 Drake Ave.
Read MoreCurated News You Can Use, From Mill Valley & Beyond – Week of October 7
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Read MoreCurated News You Can Use, From Mill Valley & Beyond – Week of Sept. 30
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