They should have tours like the White House and Paramount.I'll be more interested in touring the new campus once completed
They should have tours like the White House and Paramount.I'll be more interested in touring the new campus once completed
The enthusiasm Cupertino has is inspiring that some governments simply don't get in the way. It still took 2 years. Fix that.
Rocketman
Steve Jobs has to approve it now.
I feel like we already heard this 3 times
As part of the final agreement, Apple has agreed to increase the amount of taxes that it pays to the City of Cupertino, in the form of a reduction of the sales tax rebate that the company receives each year from the city (via The Los Angeles Times). Last year, Cupertino refunded 50 percent of the sales taxes it received from Apple-related purchases, but in the future, it will only refund 35 percent of sales taxes.
and the city of Cupertino is like,
"Yeah, we'll only approve it if you agree to pay us more."
I feel like we already heard this 3 times
I feel like they've been approved about three or four times now![]()
Let me get this straight:
So Apple wants to build one of the nicest, environmentally-integrative, energy-efficient, modernly-designed, attractive offices in the country, will provide thousands of construction jobs during the years it builds it, has assured tens of thousands of permanent jobs in the area following completion, is going to do additional work to make the surrounding city area nicer and more accommodating, already has overwhelming public approval to do this, and they are willing to do it in one of the most business-unfriendly states, in an already way-overpriced area to live (the bay area), just because they want to stay local, and the city of Cupertino is like,
"Yeah, we'll only approve it if you agree to pay us more."
Apple should have told these greedy government money-flushers to piss off, that the primary reason they have any interest in Cupertino was because Jobs couldn't see past his doorstep but that they see things more practically, and that any other city would be thrilled to accept their plan for a class-of-its-own office with city improvements and a boost to both temporary and long-term employment without a tax hit.
This confirms one thing: Tim Cook sucks at negotiating.
According to an economic development report released this summer by Apple, sales by the company generated $12.7 million in sales tax for Cupertino in 2012. Under the terms of old rebate agreement, Cupertino gave $6.2 million of that back to Apple.
Had the lower rate been in effect in 2012, Cupertino would have kept an extra $1.8 million. For a city with projected general fund revenues of $51.4 million for the current fiscal year, that extra money will be a nice bonus.
...
Cupertino had originally agreed to a tax rebate for Apple back in 1997, when the company was teetering on the brink of bankruptcy. In exchange for the rebate, Apple agreed to assign more of its sales to Cupertino.
The city renewed the deal twice since then. The latest deal was set to expire in 2014, but Apple had made it clear that it wanted to renew the agreement as part of a deal for the new campus.
Steve Jobs has to approve it now.
OMG...we are in an infinite loop....![]()
It originally existed to help Apple try and survive (how nice of the city to do that for them), and it's totally absurd that they still get it.
Highly unlikely, and I don't recall seeing one in any of the plans.Does anyone know if there is an actual retail store at that location?
While I agree, the fact it didn't take longer is astonishing.
This is a huge endeavor, regulation is necessary in determining the environmental impact, transit/traffic, utilities (electric, sewage, water), proposed solutions to lessen energy impact on power grids, real estate (traffic, real estate value), construction (sufficient infrastructure to withstand development without impacting current infrastructures), etc.
Many area's in arid California need to be careful as trees and vegetation maintain environmental homeostasis necessary in keeping erosion at bay, without such mudslides would increase, especially in over-developed area's. Regulation isn't perfect -payoffs, out of control unions, etc - but it is necessary. Many things need to be considered, not for what we can predict but what may not be easily determined with the complexities and factors involved.