March 18, 2016 – The Joint Venture board of directors today unanimoulsy endorsed Measure AA, the San Francisco Bay Clean Water, Pollution Prevention and Habitat Restoration Program on the June 7 ballot in all nine Bay Area counties.
Measure AA creates a $12 annual parcel tax to fund a variety of shoreline protection and restoration measures. It is anticipated that 15,000 acres of wetlands can be restored with proceeds from the measure, which will also fund trails and similar multi-benefit improvements.
As a nonpartisan public-private organization, Joint Venture does not routinely endorse or oppose ballot measures or legislation. Because Measure AA holds broad importance for the region, however, the board voted unanimously to support it.
“Support of Measure AA is consistent with our Climate Prosperity Initiative’s expanded mission to address regional adaptation and resilience,” said Russell Hancock, president and CEO of Joint Venture.
A group called People for a Clean and Healthy Bay, with honorary co-chairs Senator Dianne Feinstein and Bob Fisher, chairman of Gap Inc., has been formed to raise the needed dollars for the campaign. Major supporters include the Bay Area Council, Save the Bay, and the Silicon Valley Leadership Group.
About Joint Venture Silicon Valley
Joint Venture Silicon Valley was established in 1993. A non-profit organization, the group convenes the region’s leaders across every major sector – government, business, academia, labor, and community organizations. The organization provides data and analysis on our region’s challenges, and leads initiatives to address those challenges. Joint Venture is funded by cities and counties, local companies, colleges and universities, labor and workforce institutions and foundations. For more information, visit www.jointventure.org.