Alison Vekshin on Muck Rack

Alison Vekshin Verified

San Francisco, CA
West Coast Politics and Finance Reporter — Bloomberg News

Reporter, West Coast politics and finance, Bloomberg News

California’s New Drought Rules Would Require Cuts of Up to 36% — California issued proposed rules calling for mandatory reductions in water use by municipal agencies as a historic drought drags into a fourth year. The state's 411 urban water suppliers would have to cut use by as much as 36 percent, with those that conserved less facing tougher restrictions and a daily penalty of as much as $500 for not complying, the California State Water Resources Control Board said in the proposed rules released Saturday.

California Plagued by Dry Wells as Drought Makes Water Elusive — Near California's Success Lake, more than 1,000 water wells have failed. Farmers are spending $750,000 to drill 1,800 feet down to keep fields from going fallow. Makeshift showers have sprouted near the church parking lot.

California’s Brown Asks Water Rivals to Collaborate on Drought — California Governor Jerry Brown urged agricultural and environmental groups and city water agencies to lay aside differences and work together to address the state's record drought. Brown met Wednesday in Sacramento with the groups, which have often been at odds over how the state manages water.

Californians Cut Water Use by Least Since Tracking Began in 2014 — California's residents reduced water use in February by the least since officials began tracking conservation last year in response to a historic drought. Water use was 2.8 percent below 2013 levels in February, said Timothy Moran, a spokesman for the State Water Resources Control Board, which met Tuesday to consider restrictions mandated last week by Governor Jerry Brown.

San Francisco Plans $200 Million of Bonds to Ease Housing Crunch — San Francisco Mayor Ed Lee will seek voter approval for the first housing bond since 1996 as his city becomes the least affordable U.S. housing market and uproar grows about gentrification fueled by the technology boom. Lee plans to ask the city's Board of Supervisors to place a housing bond of at least $200 million on the November ballot, spokeswoman Christine Falvey said.

Lew Signals Yuan Not Ready for IMF Blessing as Reserve Currency — (Bloomberg) -- U.S. Treasury Secretary Jacob J. Lew said China will need to ease controls on the flow of capital and the setting of interest rates to ensure the yuan is increasingly used as an international currency. Lew said the changes would leave China's economy "more balanced internally and externally."

Latter-Day Carnegies Bestowing Names on San Francisco Hospitals — (Bloomberg) -- The hoodie-wearing billionaires who connected the world through Internet likes and vacation photos are getting the same rewards as the oil and steel moguls of yore: large buildings with their names on them.

San Francisco Supervisor Proposes to Let 16-Year-Olds Vote — (Bloomberg) -- For many young people, turning 16 grants coveted rights to drive a car and start a first job. In San Francisco, it may mean helping to choose the mayor and other city leaders. San Francisco Supervisor John Avalos last week offered a proposal to lower the voting age to 16.

Home Prices Soar With Crime as World Finds Way to San Jose — (Bloomberg) -- The world has learned the way to San Jose. Once the nation's fruit basket, dubbed "The Valley of Heart's Delight" for the beauty of its blooming peach trees, California's third-largest city is emerging as a melting pot of immigrants lured by the enduring promise of the American dream.

Washington Town Becomes First in U.S. to Open Marijuana Shop — (Bloomberg) -- North Bonneville, Washington, has become the first U.S. town to open its own recreational marijuana store, in an experiment that could serve as a model for cash-strapped cities looking for ways to generate revenue. The city of almost 1,000 on the Oregon border opened Cannabis Corner on Saturday to a line of about 30 people.
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Mar 10, 2015

Washington town of North Bonneville becomes first in U.S. to open a marijuana shop:… via @business

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