Economy

Measure U passes, but businesses remain divided

The change in the tax code could increase the city’s revenues by nearly $6 million dollars, according to a financial analysis by the city attorney. The city, according to a finance department presentation from October 6, is currently operating on a $6 million deficit.

No TOPA bill for Richmond, Council holds

Richmond’s City Council on Tuesday halted the drafting of a rule that would have required landlords to offer local tenants the first opportunity to buy their homes before they are put on the market or demolished.

Council votes on Zeneca site clean-up and development

Electrician and two-time cancer survivor Sherry Padgett could throw a baseball from her 49th Street cabling business and hit what Richmond residents call “the Zeneca site:” an eighty-seven-acre property that contains more than a century’s inheritance of hazardous waste from manufacturers including the now-defunct herbicide maker Stauffer Chemical and the European pharmaceutical giant AstraZeneca. Padgett calls the chemicals on the site a “witch’s brew.” Around 10 p.m. Tuesday, the City Council voted 5-2 to reverse its support for a cleanup…