Oct 02, 2024
SF mayoral candidate Mark Farrell failed to disclose a $675,000 loan in his financial filings when becoming a candidate, the Chronicle reports. The "oversight," Farrell says, is being remedied, however it could prove significant; Farrell was required to disclose all outstanding debts, due to potential conflicts of interest in becoming mayor, and this loan was made by the seller of his $5 million Jordan Park home in 2020 so that Farrell could purchase it. [Chronicle]The African American Sports and Entertainment Group (AASEG), the group that is buying the Oakland Coliseum with redevelopment plans in mind, would like everyone to know their payments to the city are not late. Some Oakland city councilmembers were apparently making some noise about a $10 million payment being late, leading to a need for budget cuts, but it's now expected to arrive October 7 under a new purchase agreement between the city and AASEG. [KRON4 / Bay Area News Group]Meanwhile, out in Las Vegas, things are very quiet when it comes to the A's development deal for a stadium on the Strip, and a Chronicle sports columnist asks aloud whether this might be a sign of trouble. [Chronicle]Former San Jose Mayor Sam Liccardo backed out of tonight’s debate with congressional seat rival Evan Low because he has laryngitis. [X/NBC Bay Area]A Bank of America outage Wednesday, in which some customers with money in the bank were seeing $0 balances in their accounts — and rightly freaking out — has largely been resolved, the bank says. [KTVU]MacKenzie Scott, ex-wife of Jeff Bezos, just donated $30 million to a Bay Area housing nonprofit, Housing Trust Silicon Valley, which has built affordable projects in Sunnyvale, Milpitas, and Oakland. [Bay Area News Group]After hosting NCAA March Madness games in 2025, the Chase Center will once again be hosting three NCAA games in 2028. [Chronicle]An unsealed, revised indictment by Special Counsel Jack Smith of former President Donald Trump now gives a clearer picture of how Trump could be prosecuted for the January 6th/election interference case, with Smith arguing that much of Trump's conduct was performed in his private capacity as a candidate, not as president. [CNN]
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