David Taormino and Bretton Woods Are Attempting a "Bait-and-Switch" with the Davis-Based Buyers Program
by Alan Pryor
David Taormino, the developer of the Bretton Woods senior housing development just west of Sutter Hospital, is trying to pull another fast one on the City of Davis' senior population. Taormino just proposed, and City Staff supports, that the Davis-Based Buyers Program be rescinded from the signed Development Agreement for the Project that already exists between him and the City. This local senior-preferential buying program reserved 90% of the 560 new homes in the project for seniors that have a pre-existing connection to the City of Davis. It promised that the project would be for local or Davis-connected seniors and not just a high-end enclave for rich retirees fleeing from the Bay Area.
This requirement to preferentially sell to existing Davis seniors was widely promoted and promised to voters in actual ballot language when the project was approved in the November, 2018 general election (then known as the West Davis Active Adult Community). Well, after Taormino and all his lawyers and the Davis City Council all loudly and adamantly proclaimed the project was definitely and undeniably legal in all respects, now David Taormino claims he has new "concerns" about the legality of the program and he wants to rescind it and its promises to Davis seniors. There has been no new legal opinion or justification provided by Mr. Taormino to substantiate this newfound concern.
Of course the real reason that Taormino has this newfound concern for the law is that he realizes that by selling his new homes to wealthier Bay Area expatriates instead of the local senior voters he so ardently-courted (but who have far less home equity in their existing homes), Mr. Taormino can probably get an extra 10 - 15% or more for each home he sells to out-of-towners. And he can market the homes to a whole lot more people than he would if otherwise restricted to Davis.
But Taormino heavily sold this project directly to Davis senior voters by promising them that this project would be just for them and not cater to Bay Area transplants. He even collected hundreds and hundreds of names and email addresses of senior voters by claiming he was putting them on a buyers "waiting list" for the new homes and then proceeded to bombard them with campaign literature in the guise of project "updates" throughout the election campaign.
This whole bait and switch process is fundamentally dishonest and reprehensible. And for City Staff to recommend that Taormino be allowed to remove this obligation from the Development Agreement while getting really noting of substance in return, it shows City Staff is once again willing to play ball accommodating developers without regard to what is best for the City and, in this case, its senior residents.