Mayor Autry Issues at Statement Regarding the Forest City Project
08/28/2007

In light of the action taken today by the joint meeting of the Council and the Redevelopment Agency regarding the Forest City Development, Inc. project, Mayor Autry offers the following statement:

"The Forest City Organization has a wonderful and exciting plan for downtown Fresno. However, a plan is only as good as the willingness to implement it. Considering the City subsidy for this project can very well top over $100 million, this Council decision is a great show of faith in a company that will not be required to move a shovel of dirt until 2010 and at which time there is no requirement for them to continue forward. I stand by my call for Forest City to take some immediate action on housing construction to validate that their company is sincere and to some degree justify this enormous investment of time and taxpayer dollars."

CONTACT: Rhonda Jorn, Public Affairs Manager (559) 621-7778 Patti Miller, Public Affairs Administrator 621-7795

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