The San Jose Environmental Innovation Center (EIC) has been in the news a lot recently, due to the fact that it is $1.6 million over budget and six months behind schedule. This project was always risky, as it utilized complicated tax credits that expose the general fund—the guarantor of the project—to future risk. So, being in the position to avoid future financial risk, why would I support yet another project such as the EIC, which could imperil our general fund? When this issue came to the council, I voted “no” several times, where was I often the only “no” vote. When there is a single dissenting vote, this automatically means that any substitute motion would die for a lack of a second. This is true in all cases.
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