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I knew Scott Ford's name long before I had ever heard of YVDP. The knowledge, credibility and contribution of Scott will continue, and YVDP will fade away to wherever they were before they hired Scott.
So Hinsvark's reply can be boiled down to: "We're trading a known asset at a discount for an unknown liability, in order to receive a benefit we'll probably never be able to measure. Also, we should ask citizens to pay for a project that has no plan or budget." Government at its finest. Any business person realizes in times of distress, as the city is in now, you have to get the most out of your assets, and minimize your liabilities as much as possible. The city is taking the exact opposite approach.
On the other side, its time for BAP to end its silence. If the company is really holding a sword over the city's head, as so many city employees have implied, they need to come out and tell the people that are going to be subsidizing their new headquarters why. Why is your decision to stay in Steamboat seemingly based entirely on a sweetheart real estate deal? If things are really that tight financially, why not develop one of the countless empty lots on the west side of town? Those lots would surely have a tiny fraction of the development, entitlement, and demolition costs that the downtown lot would, even with the city's discount.
My suspicion is that they want what every successful, lifestyle-oriented business wants: a flagship store and headquarters that will make the owners and employees proud and help their 'we live what we sell' credibility. And there's nothing wrong with that. And a spanky new HQ right on the river with a ski hill out every window goes a long way toward that, no doubt.
But the city should realize what they have. For all the hand wringing over what to do about Yampa Street, they have forgotten what a tremendous asset and opportunity it is. An underdeveloped street with river frontage in one of the world's premier ski resort towns? Where else in the world would you find relatively affordable real estate in a location like that? $2.5 million wouldn't get you a parking space on the river in Vail, Aspen or Telluride. Savvy managers would be setting up an auction, not a backdoor discount.
If the local company wants to stay and need some help to do so, fine there is probably a way to do that. But short-selling the one thing the city does have (that being prime downtown real estate) in this time of relative scarcity is foolhardy.
Glad to hear most of our local law enforcement is on board. Hopefully our local police can focus on the far more dangerous problems affecting our citizens like heroin and prescription opiates.
Buried in this Denver Post article, about an empty prison, is the fact that the state's prison population is shrinking. Seems too coincidental that prison population has declined as marijuana reform has taken hold. Does anyone really feel that the streets are more dangerous now? This should help you make your decision on Amendment 64:
They seem to be playing a game they could never win anyway.
Throw in the political climate and its a nonstarter. Let's hope our local entrepreneurs will throw their creativity behind something that dovetails with what the Yampa Valley does best: family entertainment. Zip line anyone?
Last login: Wednesday, January 9, 2013
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