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We can't see 5 years ahead much less 40. Long term vesting exacerbates the negative impacts of boom and bust cycles. Such a proposal should be DOA.
As some may recall, Steamboat 700 had no intention of building anything. Their prospectus clearly stated that they planned to sell right after gaining approval. Who do you trust with the long term evolution of your community? There's too much downside risk in this.
I agree with your statements in a very narrow sense. But, why did the City Manager recommend approval of the developers' plan and why did he consider this to be an affordable housing project? Also, why did the City sign a contract so vague that this proposal could even come forward?
Thanks for all that information.
I think it's a problem when the City enters into a contract that is so vague.
Also, I find "public benefit to the tourism industry" to be oxymoronic.
But the biggest problem is that it appears staff works for developers. How could they recommend approval of this? They shouldn't be making recommendations at all in my opinion. That way, individual Council members would actually have to use independent judgement and argue their point in front of the whole Council.
Would someone on Council please explain why they approved a contract that would have allowed deferred maintenance to be considered a public benefit and would have allowed the City Manager to approve it without coming to Council? Who is responsible for the language in this contract? Who signs the contract on behalf of the City?
How does the City Manager justify his opinion that subsidizing a private development that is not "affordable" now and not "affordable" in the future somehow benefits the community?
How is an outdoor cafe a public benefit? It sounds like a private business venture.
That this matter even has to come before Council is indicative of a very serious and long standing problem in the way this City is run. It is this problem that needs to be fleshed out once and for all. Why should citizens even pretend that they matter? Let's just cede the whole town to developers.
It obviously won't be affordable this Winter, and there is no assurance of affordability in the future. I'm tired of seeing developers roll out the affordable housing "poster child" to justify anything and everything. It's time for City Council to show what it's made of. Do laws, codes, regulations, plans, even contracts mean anything in this town or do we just bend to the will of developers each and every time?
Is there anything that developers won't ask for and planning staff won't recommend approval of?
Actually the wealthy pull the average up while the median stays low. Hence, median income is more meaningful in a discussion of housing demand.
The median is the midpoint of a set of data such that half the data points lie below and half above the median. It is not the midpoint between the lowest and highest data points. In your illustration, Rhys, the median would be 8, which, coincidentally, is the mode as well.
When will it no longer require public outcry and/or multiple lawsuits for Council to act ethically, legally, and morally?
Last login: Monday, August 22, 2016
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