My name is Bob Finley, and I attended the 2/11 Finance Committee meeting.
I presented a Plan to sell the North Field to a Private Equity Firm. The sale could net $50MM or more to the City of Oakland. I laid out a specific step-by-step plan whereby the City of Oakland could amend Article VII of the Port of Oakland's Charter and Article II of the City's Charter to allow the city to take possession of the North Field and do the sale.
There is an FAA program in place to facilitate these sales. This is a plan that can work. This could generate $50MM or more in cash. We could use this to improve fire safety, and close other budget gaps.
After the 2/11 meeting, Councilmember Ramachandran's Staff Member promised that she would reach out to me to discuss this.
To date, I have not heard from her or her office.
The City of Oakland is facing a $129MM budget deficit. I am perplexed why no one seems to be taking this proposal seriously.
I will attend the Finance Committee meeting this Thursday, as I am very interested in progress on this front.
My name is Bob Finley, and I attended the 2/11 Finance Committee meeting.
I presented a Plan to sell the North Field to a Private Equity Firm. The sale could net $50MM or more to the City of Oakland. I laid out a specific step-by-step plan whereby the City of Oakland could amend Article VII of the Port of Oakland's Charter and Article II of the City's Charter to allow the city to take possession of the North Field and do the sale.
There is an FAA program in place to facilitate these sales. This is a plan that can work. This could generate $50MM or more in cash. We could use this to improve fire safety, and close other budget gaps.
After the 2/11 meeting, Councilmember Ramachandran's Staff Member promised that she would reach out to me to discuss this.
To date, I have not heard from her or her office.
The City of Oakland is facing a $129MM budget deficit. I am perplexed why no one seems to be taking this proposal seriously.
I will attend the Finance Committee meeting this Thursday, as I am very interested in progress on this front.