What to look for in Tuesday’s Alameda County Board of Supervisors Meeting

Another week, another reckoning. This time it’s Alameda County’s turn to hold the fate of the Oakland A’s in its hands, if that can be believed. On Tuesday, the Board of Supervisors *might* take a vote to approve taking part in the Howard Terminal EIFD. An approval would allow the County to be a party to the bonds/loans that have to be raised for the infrastructure on the $12 Billion project. In case you need a refresher, here are some links that pertain to Tuesday’s meeting agenda to the June meeting:

There are a handful of things you should know before you attempt to watch the meeting or follow any further coverage. First, let’s remember that the Board of Supervisors *may* choose to *decide* whether or not to make a *non-binding* resolution in support of the project. I don’t know about you, but I haven’t seen anything that non-committal since 90’s-era Julia Roberts movies.

During the June meeting, Supervisor Richard Valle (D2-Hayward/Union City) thought the item could be raised in September, after the County came back from summer recess. Obviously that didn’t happen and the item was mysteriously pushed back further and further until Valle and fellow Supervisors David Haubert (D1-Fremont/Pleasanton) sent a letter to their colleague Keith Carson (D5-Oakland/Berkeley). The reasoning was supposedly that the County needed to wait until it received the results of a study on the direct economic impacts of Howard Terminal. That study came at the end of October. It said that the County will receive over $5 million per year after paying off the EIFD bonds.

The Project is anticipated to generate significant revenues to the County in the form of both one-time revenues as well as recurring annual revenues. Property taxes and property taxes in lieu of VLF are eligible sources to be contributed to an EIFD, estimated at $4.7 million (net of RDA contribution) and $3.2 million per year, respectively. If the County elects to contribute these revenues to an EIFD, the County’s net recurring revenue would be reduced by an amount equal to the amount of the County’s EIFD contribution for a period of up to 45 years.

Century Urban report summary

Discussion of a ballpark-cum-ancillary development’s short and long-term economic impacts are one thing. At some point, if this is to move forward with Alameda County signing on, this will also become a real negotiation between Alameda County, the City of Oakland, and the A’s. It’s not enough for the City to make claims about how much money the County will get out of it. The fact is that the City can’t do this on its own. They need the County to partner up in order to make the revenue flows work. And so far, the City has seen fit to dismiss the second IFD that the A’s wanted in the their own proposal. City says they can cover the $350 million cost, though their are few specifics and the sources appear to be mostly state and federal funds. The County will probably counter with its own demands, which are sure to raise some eyebrows. The project is currently structured so that all of the major transportation improvements other than the new streets inside the project area have to be built and funded off-site. The transit hub is one. The gondola would be another, especially if it is extended across the Estuary. A pedestrian/bike bridge across the Estuary is a very good potential ask or sticking point. Same goes for additional transit improvements from elsewhere in the East Bay. Already the A’s are debating the merits of bus shuttles from the West Oakland and Lake Merritt BART stations.

Beyond the project needs, the discussion is a good opportunity for Carson (and perhaps Nate Miley) to get on his soapbox and rail again about how Oakland is asking Alameda County to get involved. I don’t think he’ll vote no; frankly, no public figure wants to be the crucial vote that evicts the last major pro sports franchise from Oakland – if that narrative is to be believed. But Carson can and should complain that Oakland has put Alameda County in this position when they weren’t involved at all not even a year ago. And so I expect Carson to go off like Frank Costanza at Festivus dinner with a proper airing of grievances. Supervisor Wilma Chan (D3-Alameda), whose district might get the some of the most severe traffic impacts, is effectively the swing vote. If the Board gets to the point of taking a vote, it should be yes. Yet again, it will be another overly dramatized debate to move the discussion a tiny bit. It’s the equivalent of getting a leadoff walk when you know that guy’s not going to be driven in without a home run. Based on how the 2021 season transpired, A’s and Giants fans are all too familiar with that.

Assuming this goes through, what and when is the next manufactured crisis?

P.S.  – Have you noticed all of the letters of support from East Bay cities that aren’t Oakland? Have you noticed a pattern? Howard Terminal has the support of the mayor, who as we’ve noted before, is a lame duck and has an undeserved legacy of losing franchises. The two local pols who otherwise directly represent the Howard Terminal area, Supervisor Carson and Oakland Councilperson Carroll Fife (Oakland District 3), are not exactly out with pom-poms. No doubt some of that tepid support comes from Port interest pressure. Ironic, then, how the greatest support comes from the furthest away? It’s probably more like the A’s ticket base than we’re comfortable admitting.

One thought on “What to look for in Tuesday’s Alameda County Board of Supervisors Meeting

  1. No public vote needing a 2/3 “Supermajority” to pass? If I’m a resident of (say) Fremont or Livermore, I’d be damned if this was to be approved by the county without my say! Perhaps if this ever became “binding” between the County and City; then we’ll see this go in front of the electorate (?).

    Still amazes that Oakland would have the gall to involve AlCo at the last hour in this boondoggle. Even more amazing that AlCo is even going to entertain it. But as you mentioned ML, today will be just like the last “day of reckoning” and in the long run will amount to a whole lot of nothing..

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.