Facebook pays for East Palo Alto and Atherton road upgrades
Niall Kennedy stashed this in Facebook
Facebook moved into the old Sun headquarters in Menlo Park and now pays taxes and $1.1 million in capital improvements to service the campus. East Palo Alto claims the Menlo Park roads will back up, sending people onto their roads, and threatens to sue. Atherton gets $350k for traffic mitigation, $15k for consulting work on bike lanes, and help "polishing the town's Facebook page."
Either my sense of Silicon Valley geography is messed up or this seems like a pretty slick move for Atherton to get in on this.
I think I read in the paper that basically it was a pure payoff to Atherton... basically to mitigate the threat of being sued.