Schwarzenegger to propose selling San Quentin - Mercedes-Benz Forum

 
LinkBack Thread Tools Display Modes
post #1 of 1 (permalink) Old 05-14-2009, 06:23 AM Thread Starter
~BANNED~
 
Jakarta Expat's Avatar
 
Date registered: Aug 2006
Vehicle: PM me to Join the Expat Muslims for Obama Club........
Location: Jakarta, Indonesia
Posts: 17,697
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
(Thread Starter)
Schwarzenegger to propose selling San Quentin

Schwarzenegger to propose selling San Quentin

Gov. Arnold Schwarzenegger today will propose selling San Quentin Prison, the Los Angeles Coliseum and other state-owned properties in a bid to raise cash to counter the state's daunting budget shortfall.

He also wants to accelerate the sale of Agnews Developmental Center, the 81-acre facility on the north edge of San Jose that closed its doors in March after 120 years.

The proposal to sell off state assets is part of the governor's revised budget plan being released today. Besides the Coliseum and San Quentin, the properties he's eyeing for sale are the Cow Palace in Daly City, the Orange County Fairgrounds, Cal Expo in Sacramento, Del Mar Fairground, and the Ventura County Fair.

The sale of those properties would generate upward of $600 million and possibly more than $1 billion for the state, according to a copy of Schwarzenegger's proposal. But proceeds from those sales would not arrive for another two to five years.

Selling the Agnews property would be done within two years.

With its stunning views of the San Francisco Bay, San Quentin has long been eyed for a more lucrative use. Sen. Jeff Denham, R-Modesto, has proposed selling both San Quentin and the Coliseum to generate badly needed revenues for the state.

If voters reject a slate of ballot propositions in a special election Tuesday, as polls indicate they will, the state will face a deficit of $21.3 billion through mid-2010.

Schwarzenegger to propose selling San Quentin - Santa Cruz Sentinel
Jakarta Expat is offline  
Sponsored Links
Advertisement
 
Reply

  Mercedes-Benz Forum > General Mercedes-Benz Forums > Off-Topic

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Mercedes-Benz Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











  • Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
     
    Thread Tools
    Show Printable Version Show Printable Version
    Email this Page Email this Page
    Display Modes
    Linear Mode Linear Mode



    Similar Threads
    Topic Author Forum Replies Last Post
    Schwarzenegger threatens minimum wage for workers Jakarta Expat Off-Topic 0 07-24-2008 10:54 AM
    Schwarzenegger says marijuana not a drug Jakarta Expat Off-Topic 0 10-29-2007 06:00 AM
    Police: Schwarzenegger Riding Illegally firstmb Off-Topic 0 01-10-2006 08:02 PM
    Quentin Willson needs your E55 AMG! Pieman General Mercedes-Benz 0 11-01-2004 06:01 AM
    Selling my '02 32 AMG in Bay Area San Francisco peterkendall R170 SLK-Class 3 01-30-2003 08:53 AM

    Posting Rules  
    You may post new threads
    You may post replies
    You may not post attachments
    You may not edit your posts

    BB code is On
    Smilies are On
    [IMG] code is On
    HTML code is Off
    Trackbacks are On
    Pingbacks are On
    Refbacks are On

     

    Title goes here

    close
    video goes here
    description goes here. Read Full Story
    For the best viewing experience please update your browser to Google Chrome