Development

Richmond city budget shows tough times not over

There’s good news and bad news for the city’s budget for 2011-2012. In the positive column, the city’s credit ratings remains strong, there’s money in the bank—$10 million in general fund reserves, essentially a rainy day fund—and funding for the city’s services will for the most part remain intact. The bad news is that every part of city government will experience cuts of some kind, while programs that rely on state funding are under threat of a drastically constricted state budget, and part of the city’s budget relies on ballot measures, which are risky.

Chevron restarts Richmond Renewal Project

Ready to move forward after the first quashed attempt, Chevron’s Richmond refinery began the process to restart its embattled Renewal Project on Monday by filing a new conditional use permit application. This will be the second attempt to complete the project, which was halted by a county appellate court in 2009 after it was narrowly approved by the city council. The project is meant to upgrade equipment at the refinery and replace aging components.

Richmond City council votes to practice precaution

In a complex and dynamic world where scientific certainty is hard to come by and new technologies, chemicals and industrial processes are being introduced into the world, Richmond’s City Council decided that it is best to take a cautious approach to making policies and city planning. At least, that’s the aim of a resolution passed at last night’s city council meeting.

Bay Area living: To rent or to own?

A house with a white picket fence has long been a quintessential part of the American Dream. While a majority of Bay Area residents live that as home owners, in recent years renting seems to be trending upward in popularity in almost every Bay Area county. Now with the collapse of the real estate market, will home ownership become a fading dream?

Richmond named as finalist in Lawrence Berkeley National Lab campus bid

Richmond moved forward yesterday in the competition to be the site for a second campus of the Lawrence Berkeley National Laboratory (LBNL).  The city’s Richmond Field Station, already owned by UC Berkeley, is one of six finalists.  Other finalists are in Berkeley, Alameda, Albany, and Oakland. LBNL has outgrown its current location in the hills above UC Berkeley, and Richmond has long looked to the site as part of a plan to bolster the city’s growing green- and clean-technology sector….