City of Vallejo Rams Take the High Road, Opposing Corporate Vultures
VMT / Orcem will pick us dry. Contrary to the proponent’s glowing projections, an independent third-party review says it is reasonable to expect that costs to the City of Vallejo will exceed revenues, and net fiscal impacts will be negative.
“It is in the Applicant’s interest to inflate and exaggerate employment figures to make their project appear more beneficial and to elicit public support, especially where public subsidies, public costs, or negative impacts are involved.”
Read the report here:
http://www.fodorandassociates.com/Reports/REVIEW_OF_FISCAL_AND_ECONOMIC_IMPACTS_FOR_ORCEM-VMT.pdf
An environmental disaster, we now find out it is also an economic boondoggle. Urge our Planning Commissioners to Just Say NO to this permit application. City loses both ways: health and wealth.