May 6, 2008

Tsakopoulos gives 25k to redistricting

Sacramento developer Angelo K. Tsakopoulos, the Democratic financier whose family spent nearly $10 million backing Democrat Phil Angelides in the 2006 governor's race, has donated $25,000 to the redistricting measure backed by Gov. Arnold Schwarzenegger.

Tsakopoulos is one of the first Democrats not allied with the governor to donate to the campaign. (Reed Hastings, a Democrat and founder of Netflix, was appointed by Schwarzenegger to the Board of Education. He donated more than $140,000 to the measure.)

In other redistricting news, Schwarzenegger, along with former Gov. Gray Davis, representatives from Common Cause and other initiative backers have scheduled a "major announcement" about the campaign's "signature gathering efforts."

They will presumably announce they have gathered more than enough signatures to qualify for the November ballot at the 2 p.m. event at the Los Angeles Registrar-Recorder's Office in Norwalk.

Posted by Shane Goldmacher on May 6, 2008 8:55 AM