Floyd Kephart's Oakland Coliseum City Plan Is More Land Than Stadium Project

Floyd Kephart's Oakland Coliseum City Plan Is More Land Than Stadium Project - Video

Floyd Kephart, the leader of New City Development LLC, gave his Tuesday morning presentation which seemed to be light on details. But thanks to a talk he had with San Diego Union Tribune Columnist Dan McSwain, we can get a better picture of what it is. In truth, it's not much different than what existed months ago, and from what I can gleen from what I'm about to present, there has been a lot of talk toward implementing his plan, and not considering any other one. This is what McSwain wrote, in part: 1. “The Raiders have offered $500 million toward a $900 million stadium. The mix is $100 million from the team, $200 million from an NFL loan against future ticket sales, and $200 million from sale of seat licenses to fans.” 2. 'The Raiders would yield $7.5 million a year in tax benefits ($278 million over 37 years) to help offset maintenance and upgrade costs. And the team would keep any other event revenues.” 3. “At $500 million, the Raiders-NFL investment leaves a $400 million tab for somebody else. Kephart would cover this with a “conduit bond” repaid by tax revenues from development of the site.” 4. “His group would purchase 100 acres of the present O.co Coliseum site’s 120 acres at the appraised market value, probably between $100 million to $150 million, from Oakland and Alameda County, which jointly own the site.” 5. “Kephart’s private equity backer, which he hasn’t disclosed, then would spend an estimated $3.2 billion over 10 years to build 3,500 residences (apartments, condos and low-income units); about 380,000 square feet of retail space; 750,000 feet of office space; and two hotels at 550 total rooms.” (This reads like Brooklyn Basin.) 6. “Kephart’s plan would use a financing mechanism that can legally tax activities inside an infrastructure district as long as the property owners vote for it. In this case, that would include the city, county and Kephart’s group, although he’s proposed to help the city buy out the county, which has been more reluctant to participate.” Folks, this Coliseum City is still closer to the 800-acre plan than the compact 120-acre version that some of us were led to believe was going to emerge. What this is, is what got Oakland into trouble with the NFL before: the constant focus on a land deal, and not a stadium deal. Kephart and his people have had several months to solve a puzzle I came up with a solution to in just a few days. The problem is the project is complicated, and that's why the County of Alameda backed away from it, in the first place. The bottom line is we don't seem to be any closer to forming an answer that will get the Raiders the stadium they need in Oakland. A 55,000-seat stadium is a terrible idea, because then we can't host a Super Bowl, and that would get us the giant naming rights deal the Raiders would be fools to back away from. No more secret, backroom deals. Enough. Put this all out in the open. Heck, the public's going to have to see it anyway – the tax district provision means it has to go to the public for a vote. That's something Kephart didn't plan on and neither did the City of Oakland. Geez.
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Ex-Broadcaster Kills 2 on Air in Virginia; Takes Own Life – New York Times

Ex-Broadcaster Kills 2 on Air in Virginia; Takes Own LifeNew York TimesAlmost two hours after the shootings, a 23-page missive faxed to ABC News headquarters in New York, apparently from Mr. Flanagan, pointed to the June 17 shooting in Charleston, in which a white supremacist is accused of killing nine black people in a …‘What […]

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Ex-Broadcaster Kills 2 on Air in Virginia; Takes Own Life – New York Times

Ex-Broadcaster Kills 2 on Air in Virginia; Takes Own LifeNew York TimesAlmost two hours after the shootings, a 23-page missive faxed to ABC News headquarters in New York, apparently from Mr. Flanagan, pointed to the June 17 shooting in Charleston, in which a white supremacist is accused of killing nine black people in a …‘What […]

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Market Turmoil Prompts New Speculation on the Fed's Timetable – New York Times

Market Turmoil Prompts New Speculation on the Fed’s TimetableNew York TimesWilliam C. Dudley, the influential president of the Federal Reserve Bank of New York, said at a news conference in New York that the case for raising interest rates had become “less compelling” in recent weeks. It was the first public indication that …and more […]

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Market Turmoil Prompts New Speculation on the Fed's Timetable – New York Times

Market Turmoil Prompts New Speculation on the Fed’s TimetableNew York TimesWilliam C. Dudley, the influential president of the Federal Reserve Bank of New York, said at a news conference in New York that the case for raising interest rates had become “less compelling” in recent weeks. It was the first public indication that …and more […]

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Chris Christie can walk and chew gum on campaign trail, but not lead well … – NJ.com

Chris Christie can walk and chew gum on campaign trail, but not lead well …NJ.comBy Carl Golden. When confronted with a question about spending so much time out of state, Gov. Chris Christie dismissed the veiled criticism, quipping “I can walk and chew gum at the same time.” Gov. Christie has spent 55 percent of […]

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Chris Christie can walk and chew gum on campaign trail, but not lead well … – NJ.com

Chris Christie can walk and chew gum on campaign trail, but not lead well …NJ.comBy Carl Golden. When confronted with a question about spending so much time out of state, Gov. Chris Christie dismissed the veiled criticism, quipping “I can walk and chew gum at the same time.” Gov. Christie has spent 55 percent of […]

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Hey Elizabeth James , Oakland's Not For Burning

Hey Elizabeth James , Oakland's Not For Burning - Video

This is my video blog response to Elizabeth James' blog post called "I Had To Hate Oakland Before I Could Learn To Love It". Many died in the wool Oaklanders hated it, what she wrote. But what caused me to Vlog was the news that she lived in my neighborhood of Adams Point at the height of her period of depression. I wondered if she was one of the new whites who feared blacks like me. The racial profiling type. That spurred this Vlog.
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Longitude Oakland Cocktail Bar

Longitude Oakland Cocktail Bar - Video

Longitude Oakland Cocktail Bar on 347 14th Street has a tropical flavor. Check it out!
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Longitude Oakland Bar On 14th Street

Longitude Oakland Bar On 14th Street - Video

Longitude is an Oakland Bar located at 347 14th Street. It replaces Disco Volante and has a new, tropical flavor. Check it out!
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Geraldine At Walgreens SF Westfield Village, Great Person!

Geraldine At Walgreens SF Westfield Village, Great Person! - Video

A shout-out to Geraldine at Walgreens at San Francisco Westfield Village Shopping Center, who really goes out of her way to help people.
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San Francisco City Attorney Dennis Herrera At SF Pride Breakfast

San Francisco City Attorney Dennis Herrera At SF Pride Breakfast - Video

San Francisco City Attorney Dennis Herrera talks at the Alice B Toklas Democratic Club SF Pride Breakfast.
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Brooke Baldwin, Chris Cuomo, Black Man Could Not Handle Racism

Brooke Baldwin, Chris Cuomo, Black Man Could Not Handle Racism - Video

The sad story of the murder of Allison Parker and Adam Ward by Vester Lee Flanagan is that he was the one black man who could not handle racism. This problem seems to have grew and went unchecked - no mentor for him. That is a very sadly new problem. It has to be mentioned if only to sent a message that the way to handle racism is not like this. If someone thinks they are even headed in this direction please talk to family and friends and seek help. There are too many small instances of racism that are happening. We have to remember to love each other. But also tell the story honestly.
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Summer weather returns to CNY in time for New York State Fair – Syracuse.com

Summer weather returns to CNY in time for New York State FairSyracuse.comSyracuse, N.Y. — Don’t put your shorts away and pull out the sweaters: Summer will make a grand return just in time for the opening weekend of the New York State Fair. “The cooling we’re having right now is going to hang around for […]

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Chris Christie through the looking glass | The Christie Tracker Podcast – NJ.com

Chris Christie through the looking glass | The Christie Tracker PodcastNJ.comWatching TV this month, you’d be forgiven for feeling like someone slipped something funny in your tea. It’s no shock that Governor Chris Christie has aggressively taken on Hillary Clinton’s email scandal. What is surprising is that he willingly … …read more From:: Chris Christie […]

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Chris Christie accuses Jeb Bush of 'pandering' on anchor babies – CNN

Chris Christie accuses Jeb Bush of ‘pandering’ on anchor babiesCNNI’ll tell you the way you don’t do it: You don’t do focus group-tested trips to the border, speak Spanish and then, you know, criticize Asians,” Christie said. Defending his use of the term on Monday, Bush said “frankly it’s more related to Asian …Chris Christie […]

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10 Years After Katrina – New York Times

10 Years After KatrinaNew York TimesNEW ORLEANS — It is a wonder that any of it is here at all: The scattered faithful gathering into Beulah Land Baptist Church on a Sunday morning in the Lower Ninth Ward. The men on stoops in Mid-City swapping gossip in the August dusk. The brass band …and more […]

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New York Today: Empty City – New York Times

New York Today: Empty CityNew York Times“I love New York on summer afternoons when every one’s away. There’s something very sensuous about it — overripe, as if all sorts of funny fruits were going to fall into your hands.” Here are some funny fruits to take advantage of in these quieter days:. …read more From:: […]

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Carrie Underwood In Daisy Dukes Great Singing Voice

Carrie Underwood In Daisy Dukes Great Singing Voice - Video

Carrie Underwood In Daisy Dukes Great Singing Voice Carrie Underwood In Daisy Dukes is more than hot, she has become one of the great talents of our generation. Carrie has an amazing voice and range that will keep her on top for years to come. And there's the legs! Zennie62.com here: http://ift.tt/1d6iMwr
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Donald Trump Tells Jorge Ramos "Back To Univision"

Donald Trump Tells Jorge Ramos "Back To Univision" - Video

Donald Trump told famed Latino journalist Jorge Ramos to go "back To Univision." Then he was escorted out of the presser before returning. The act will not phase Trump, as many GOP backers seem to want a white alpha male candidate.
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