March 16, 2021: CEO Recommends $100 Million First Year “Down Payment”

The CEO issued a memo to the Board with a copy to the Measure J Advisory Committee chair and recommended $100 million as the first year “down payment” for the Measure J set-aside, based on the $300 million estimate. The memo calls out the $300 million as subject to additional due diligence. To read the CEO memo, click here.