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

City Attorney Dave Aleshire

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.

This project reflects the Founders’ vision; to develop expertise needed by clients and foster lawyers’ career satisfaction with public service. Our focus is transformative solutions for any problem.
— Dave Aleshire
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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Distribution channels: Business & Economy, Companies, Energy Industry, Environment, Law