Posted 20 January 2003 - 05:35 PM
QUOTE Intel has yet to oppose the rezone, and since Intel is not increasing its workforce and complex, it would seem that they don't have any current plans for expanding on that property.Rezoning does not mean the City takes possession of the land. Intel still owns it. Let's let Intel speak for itself
I was at the 11/12 meeting and Intel did speak up for itself. They said it was purchased for business needs and pretty much told the council to stick it. In light of economic times, Intel plans on expanding at some time, and this would force them not to.
You're right, Intel would own the property, but they are not in the affordable housing business - which means they would have to sell the land.
Not a good idea to piss Intel off. Don't provide them a reason not to provide jobs here. Despite what you say Intel is the backbone of Folsom's economy and eliminating 7500 jubs would have a direct impact on all aspects of our economy.
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I was noodling with search terms to see if there were links between Intel and 30 years here. The city put up signs "Intel 30 years" --- maybe thinking it was mutually good.
These still-sitting four on city council have NEVER been business friendly -- only housing-developer friendly. They wanted to rezone Intel land to dense residential -- without Intel asking.
Same 4 council are still giving same housing developer- FPA/ S50 - more dense residential land -- because you can pull the wool over the perspective house-buyers eyes, but you cannot fool businesses the same way.
This council wants to give away every cent and drop of water within a ten-mile radius.
2003 quote from folsomite is a hoot: Intel told them to stick it.
