Former Council Member Jim Miller's Resignation is done. Citizens need to focus on making sure that Our Business is being done at the City Council and City Redevelopment Agency. The plan in front of the City Council to add up to 75 Million Dollars of DEBT to the RDA is Important Business to tend to.
OUR State is going BROKE, OUR City has been KITING FUNDS, GOVERNMENT SPENDING be it a CITY, CITY REDEVELOPMENT AGENCY or STATE AGENCY we must STOP USING DEBT to finance "Future Taxes".
We also need to reduce the size of Local Government in the areas that affect our economy the most. CRA "Development Projects" that go beyond the scope of infrastructure such as roads and utilities should be limited to aiding EXISTING Businesses and Homes. There is no justification for a CRA to bring additional blight by causing business to close due to over saturation of services. We don't need to spend any money CRA or Developer Fees or money that falls from the sky on projects like traffic islands, red curbs, and Electronic Welcome Signs...
The City and CRA should be limited to the Necessities only.
There is not an abundance of funds available in the Big Picture. We are not Haiti or even Oakland, or Los Angelus. We should not get money just because we can. We should not burden our future residents with a debt they will have to pay off, "just because we can".
Walt, if some bank said here is a credit card for your store. You have a ceiling of 200,000.00 and you'll have to take 75 percent of your Gross to Pay it back. The Deal will be that if 75 percent of your Gross doesn't pay for it all an "Insurance Company" will cover the difference. Oh and by the way we'll be offering financing to another Pasta Maker that will be moving into a newer bigger facility just down the road. Good Luck Walt. That Banks and AIG love you.