YouTube video link: https://www.youtube.com/watch?v=w5Rs0bal0ws
Oakland News Now Blog – vlog by Zennie62 YouTube.
Late Oakland Howard Terminal Ballpark EIFD Plan Includes $2.5 Billion Subsidy
A draft report Zennie62Media found in the database of The Athletic Online Sports Publication and dated April 2023, reported that the City of Oakland had a plan for a $2.5 billion subsidy for the Howard Terminal Ballpark Project.
The report is far different from the original document presented to the County of Alameda and which presented a $400 million tax increment financing subsidy. Both reports were prepared by Century Urban, the consultant to the City of Oakland.
In 2021, Zennie62Media blasted the initial report as incorrect and understating the potential tax increment revenue. Neither the City of Oakland nor the consultant directly answered questions from Zennie62Media. But then Oakland Mayor Libby Schaaf told this blogger, Zennie Abraham, Zennie62Media CEO that the City did not have the staff to do the redevelopment work done before the original law was eliminated in 2011.
This blogger pushed back on that questioning why Mayor Schaaf had consultants plan and then worked with Oakland A’s President Dave Kaval on an idea that was originally from this blogger to do a tax increment financing zone at Howard Terminal. The City never addressed that question.
But it’s clear the City of Oakland had Century Urban redo the work after Zennie62Media issued a number of scathing vlogs and articles on the subject that included detailed spreadsheets and calculations.
But all of this was obviously too late for the Oakland A’s timetable. They already decided to move to Las Vegas in November of 2021.
Stay tuned for updates.
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Note from Oakland News Now Blog, Zennie62 YouTube, and Zennie62Media: this Oakland News Now Blog video-blog post demonstrates the full and live operation of the latest updated version of an experimental Zennie62Media , Inc. mobile media video-blogging system network that was launched June 2018. This is a major part of Zennie62Media , Inc.’s new and innovative approach to the production of news media. This is what we call “The Third Wave of Media”. The uploaded video is from a vlogger with the Zennie62 on YouTube Partner Channel, then uploaded to and formatted automatically at the Oakland News Now Blog site and Zennie62Media -created and owned social media pages. The overall objective is smartphone-enabled, real-time, on the scene reporting of news, interviews, observations, and happenings anywhere in the World and within seconds and not hours. Now, news is reported with a smartphone: no heavy and expensive cameras or even a laptop are necessary, thus less chance for Oakland News Now Blog, Zennie62 YouTube vloggers to be robbed. The secondary objective is faster, and very inexpensive media content news production and distribution. We have found there is a disconnect between post length and time to product and revenue generated. With this, the problem is far less, though by no means solved. Zennie62Media is constantly working to improve the system network coding and seeks interested content and media technology partners.