Where’s the money? Fresno council clashes over SEDA mega-development, delaying the ballot measure

The Fresno City Council voted in a narrow 4-3 majority to remove a SEDA ballot initiative from their meeting agenda on Thursday.

Councilmembers Miguel Arias, Annalisa Perea, Brandon Vang and Nick Richardson joined together as the voting bloc which gives the so-called “No Debt on Development” ballot initiative only one more week to be put on the November ballot.

A Fresnoland report on Wednesday showed the ballot initiative, if approved by voters, would open the door for subsidies for the first, industrial-focused phase of SEDA. That first phase, touted as affordable by Fresno Mayor Jerry Dyer, has $440 million in infrastructure costs not covered by existing developer fees, the report showed…

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