Aleshire & Wynder’s Equity Partner Dave Aleshire Secures $550M for the City of Richmond From Chevron

A victory for environmental justice benefiting both Richmond and the community. Settlement payments will be made yearly from July 1, 2025, to June 30, 2035.

RICHMOND, CA, UNITED STATES, November 1, 2024 /EINPresswire.com/ -- Aleshire & Wynder, LLP (A&W) is proud to announce its involvement in securing a major financial agreement for the City of Richmond, California, marking a milestone in the firm’s commitment to delivering creative solutions for public agencies across the state. In a case that highlights A&W’s expertise in municipal law and public negotiations, the firm’s co-founding partner, Dave Aleshire, played a pivotal role in securing a $550 million agreement between the City of Richmond and Chevron Corporation.

Richmond, a vibrant city on the San Francisco Bay, is home to the second largest refinery on the West Coast, owned by Chevron. A previous agreement, valued at $100 million, was set to expire, leaving a crucial gap in funding for environmental mitigation and community benefits. Working closely with community advocacy groups, Aleshire, serving as City Attorney, assisted in developing a novel approach—a barrel tax on refinery plant feedstocks estimated to generate between $60 to $90 million annually for the City.

In a highly time-sensitive situation, with the deadline for a city ballot measure looming, Aleshire and a City Council subcommittee, then successfully negotiated a new 10-year agreement. This agreement, valued at $550 million, was presented to the public and approved by the City Council in 10 days. Following this, a resolution was passed that established a clear process for allocating these funds toward vital community initiatives.

This project exemplifies the founding vision of Aleshire & Wynder: providing top-tier legal services to public agencies while fostering meaningful community transformations. Whether the project involves a small development, a large-scale refinery, or a city of any size, A&W's legal professionals excel in problem-solving, conflict resolution, and collaborative engagement with stakeholders to achieve impactful results.
Through such engagements, A&W continues to transform communities, shaping the future of California’s public agencies with both physical and social infrastructure improvements.

For more information about this project or Aleshire & Wynder’s work with public agencies, please contact:

Sunny Soltani
Aleshire & Wynder
+1 949-250-5407
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