Our speaker at today's Board of Realtors meeting was Carol Anne Pointer, city planner for the City of Santa Clara. With most of California's cities (and counties, and the state!) complaining about their lack of funds, it was a pleasure to hear about one that has a healthy budget, and money to invest in its infrastructure. Santa Clara's funds come primarily from two sources: rent from city-owned land and Silicon Valley Power, which is also owned by the city. This company, which provides reasonably priced power to city residents, obtains 70% of its energy from alternate sources, such as wind and solar power. Less expensive power, combined with a smooth planning system, are attracting new residential construction huge commercial growth by companies such as Yahoo...quite a coup for a city of 115,000.
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