On March 14, 2014, the sandwich chain that pioneered toasted submarine sandwiches filed for protection under the bankruptcy code. As opposed to the drawn out bankruptcy proceedings we have become so accustomed to, Quiznos is headed for a relatively quicker process in light of the “prepackaged” nature of its restructuring. Prepackaged Restructuring Plans? Companies will…
Despite the recent setbacks for the High Speed Rail, it continues to chug along. On Friday, the State Public Works Board adopted eight resolutions declaring the necessity for the state to take nine parcels in downtown Fresno. Most of the properties located in Fresno’s Chinatown District–on or near G Street between Fresno and Mono streets. …
Caltrans recently published the Sixth Edition of its Highway Design Manual, effective March 7, 2014. The Manual serves as the gold standard of best practices in procedures, policy, standards, and guidance in highway design, and is utilized by public agencies in all highway projects that receive state funding. You can review a transmittal that summarizes updates to…
A Staff Report has been made available for the March 11, 2014 Sacramento County Board of Supervisors meeting. You can access it here to learn more about the proposed Capital SouthEast Connector Amendments to the General Plan.
DNLC is informed that two General Plan amendments have been scheduled to be heard by the Sacramento County Board of Supervisors on March 11, 2014 at 2:15 p.m., in the Board Chambers, 700 H Street, Sacramento CA, 95814. The County indicates the proposed amendments relate to (1) the Capital SouthEast Connector, and (2) creation of…
In December 2013, we reported that a Detroit bankruptcy judge confirmed the city of Detroit was eligible for bankruptcy protection. On Friday morning, the city filed for court approval a proposed plan alleging to deal with the city’s $18 billion debt burden. As anticipated, the plan does include 10-30% cuts to pensions and bonds–unsecured bonds…
Last week, Sacramento Superior Court Judge Michael Kenny heard arguments on whether the California High Speed Rail will actually be able to travel at the speed voters were originally promised when the project’s financing was approved. Judge Michael Kenny’s name should sound familiar, we previously reported that Judge Kenny issued a ruling halting the California…
The California Transportation Commission (CalTrans) has released information on new funding for various infrastructure projects throughout the state. CalTrans has allocated $138 million in new funding to 32 projects that is supposed to improve highways, bridges, and passenger rail service. The allocations include approximately $25 million from Proposition 1B, a transportation bond approved by voters…
The High Speed Rail and Sacramento Arena Project are not the only significant eminent domain takings happening in California. The Wilderness Act, which authorizes the Federal government to designate public lands as national forests and national parks, marked its 50th year in 2013. Federal lawmakers have proposed two pieces of legislation pursuant to the Wilderness…
On Tuesday January, 7, 2014, high-level Sacramento City officials will request authority from the Sacramento City Council to file an eminent domain lawsuit seeking to take the former Macy’s men’s clothing and furniture store located at 500 K Street in the Downtown Plaza shopping mall. The property on which the Macy’s building is located comprises…
