We take a break from the “wheat/chaff” analysis to talk about two clear buckets of chaff: John Fisher and Dave Kaval, and the financial gap still standing in the way of moving forward with the $12B Howard Terminal project the city has yet to commit to in a binding vote.
If there is one thing I’ve learned in the process it’s that “IFDs are a BFD”. IFD stands for Infrastructure Financing District, and produces tax revenue from the businesses that lease property in the district.
Much of the needed money for Howard Terminal has been committed through the Fisher investment group, city funding, grants, and possibly lemonade stands set up by the children of A’s players — though this project keeps getting stalled because their daddies keep getting traded.