Mr Hong outlines recovery plans for Stockton's city council amid bankruptcy challenges

The City of Stockton held a council meeting on May 5, 2025, where Mr. Hong expressed his interest in serving on the council. The meeting began with Mr. Hong outlining his motivations for applying for the city council seat, emphasizing the urgent need to address the city's bankruptcy situation. He shared his experience as a general partner of the Stockton Hilton during its bankruptcy, highlighting his skills in financial management and collaboration with legal and financial professionals.

Mr. Hong stressed the importance of the council working together to navigate the challenges posed by bankruptcy. He noted the diverse composition of the council, which includes both experienced members and newer ones, suggesting that this mix could foster positive change for the city.

In response to a question about specific actions for recovery and long-term viability, Mr. Hong identified the need for increased housing development in downtown Stockton, both market-rate and affordable. He emphasized the city's commitment to fulfilling agreements with the attorney general regarding housing and suggested that the council could facilitate private sector involvement despite financial constraints.

The discussion also touched on crime in District 5, with Mr. Tubbs asking Mr. Hong for strategies to address this issue. Mr. Hong's response was not captured in the transcript, but the question highlighted the ongoing concern regarding crime rates in the city.

The meeting concluded with Mr. Hong thanking the council for the opportunity to speak, and no further questions were raised. The council's focus on housing development and crime reduction reflects ongoing efforts to improve the quality of life in Stockton as it navigates its recovery from bankruptcy.