Title: J-2: Council agenda item requesting that Chevron consider a long-term investment in a Technology Campus at Marina Bay

CONSIDER directing the city manager to send a letter to Chevron requesting that Chevron consider a long-term investment in a Technology Campus at Marina Bay -- Vice Mayor Rogers (867-5725).WHERAS, There exists a unique opportunity to have a major corporate technology campus of a global energy company near LBNL's planned second campus at the Richmond field station, which would present a natural synergistic opportunity for collaboration, and;

WHERAS, The final ruling on the LBNL Richmond Bay campus is subject to the final review and approval from UC board of regents and the U.S. Department of Energy, and;

WHEREAS, A Chevron Richmond Marina Bay technology campus would show synergism and help promote and positively affect the ruling of the UC board of regents and U.S. Department of Energy, and;

WHERAS, The City of Richmond would like to support and encourage Chevron to be proactive and revisit the Chevron Richmond Marina Bay campus, demonstrating long-term investment in people and infrastructure that would work in a synergistic nature with LBNL and UC, and;

WHEREAS, Chevron already has hundreds of employees located in Marina Bay, and;

WHERAS, There is a fully entitled technology campus with existing laboratory infrastructure, that with minor design upgrades could be LEED gold or platinum buildings that could set the bar for new commercial development in the City of Richmond, and;


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WHERAS, The new ferry service to Richmond Marina Bay, and the terminal should be open with service possibly starting as soon as next year, and a high-end corporate campus at that location would ensure a consistent ridership, and support the long-term viability of ferry service, and;

WHERAS, A move by Chevron to lease or acquire a significant amount of vacant real-estate in the down-trodden Marina Bay market would positively impact the area in both a direct and indirect manner, improving the value of the market as a whole, and likely being a catalyst for investment and development in the area, and;

WHERAS, Chevron has demonstrated its concern, willingness, and interest in the advancement of emerging clean technologies with its Chevron Tech Ventures and Chevron Energy Solutions, making the company one of the largest players in solar energy development and implementation, and one of the top investors in emerging energy technology companies, and;

WHERAS, An investment into a major corporate technology campus at Marina Bay would demonstrate a significant and lasting positive contribution to the City of Richmond, creating hundreds of jobs, both in construction and long-term, breathing new life and vitality into an area that has been vacant and stagnant for a long time, and bringing with it more money for schools, roads, and libraries, high-paying jobs, and with them families, many of whom who would move to Richmond and spend money, invest in schools, and pay taxes.

THEREFORE BE IT RESOLVED, that the City Council encourage Chevron Corporation to consider a significant, long-term investment in Richmond, by creating a technology campus at Marina Bay.

THEREFORE BE IT FURTHER RESOLVED, that in the short-term Chevron consider leasing additional space in Marina Bay that they had previously vacated after the lawsuit stopping the initial renewal project.