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The developer bonus tucked into the school bond on your ballot

February 25, 2020

calmatters – excerpt

Tucked into a $15 billion school bond measure is a break to encourage developers building apartments around transit. Some fear it could hurt certain school districts.

California voters are being asked to approve a controversial measure making it easier for developers to build apartment buildings within a half-mile of public transit.

Most will think they’re only voting on whether the state should borrow more money to fix broken air conditioners in schools.

On its face this new Proposition 13 — the only statewide ballot measure to appear on the ballot for California’s March 3 presidential primary — asks voters for $15 billion in state bonds to finance the construction and renovation of California K-12 schools and public universities…(more)

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