Thursday, August 23, 2007

E-M-E-R-G-E-N-C-Y Bill

City Council Will Vote to Unload Money Pit August 27, 2007

It's doubtful this is news to anyone but it MUST be included in City Council Items of Interest for the August 27 Agenda.

Section 7 of explanation to Council Bill 2007-267 pretty much sums it up:

That the City Council finds and declares that this ordinance constitutes an emergency because it pertains to the ongoing removal of blight, thereby affecting the immediate preservation of the public health, safety, and welfare. Therefore this ordinance shall be in full force and effect from and after passage.

Of course they left out the part where the city needs to unload the Heers building A.S.A.P. or face paying more in interest on the loan they took over when the Vaughn Prost deal went south.


John Lilly said...

Amen sister. The city wanted a hotel, but the developer has the upper hand. He put in a poison pill (he gets 50% of the guest tax that goes to the CVB). The city punted and left it up to the CVB board to say yes or turn it down. They would be idiots to accept it, thus creating a prescident. So the developer gets his condos with 80 parking spaces in the garage and the ability to build a sky bridge.

Jason said...

This is a horrible deal for the city to make. I'm also offended that our city council doesn't have the courage to make a decision and stick with it. Don't kick this off to the CVB. Stand up and take an up or down vote on stripping funding from the CVB and giving it to a private developer who's going to get rich off our tax dollars.

Although, after seeing our Simpsons movie entry, perhaps cutting CVB funding in half isn't THAT bad an idea. ;)