Wednesday, November 11, 2009
Oh schnizzel....here come the fireworks
It looks like there is much concern over the plan from FQ preservationist groups as well.
Watermeier is demanding an economic feasibility study from Juneau. Juneau says the study exists but its confidential as an agreement with FEMA and a tax credit buyer are still in the works. Juneau claims the TP has a copy of the economic feasibility study, but that's yet to be determined.
Problem being the plan seems somewhat half-baked and it may go to a City Council vote before the public gets access to information like the feasibility study....in other words, they seem to be shoving it through the back door.
I don't know enough about the plan to make an educated evaluation...even after watching the video, I'm not really sure what "the 80 million dollar vision" is.
Right out of the gate I am concerned about the notion of using tax credits and FEMA money in a "public/private" partnership to create a for profit recording studio. There are a lot of recording studios in the metro area that are struggling to get by....a state funded recording studio would most likely drive a stake through their heart. And you know it wouldn't stop with recording...it will bleed over into video/film production and every other business aspect of entertainment. Even if they're suggesting all these companies are private investment companies....I suspect you would see a lot of favoritism as to who gets in and who doesn't.
I detect the strong odor of old school politics.
I'm not saying I'm against the development on face value, but I have to admit it looks to me like it could be one more grand set up (and kick back) with phantom resources....something we've seen all too many times in this city.
I like Quatrevaux's quote:
"Grand projects for entertainment centers are nice," he said, "but we have fire stations that have not been rebuilt and police stations that have not been rebuilt."
Exactly. At least you will have some place to be entertained while your house burns down. Not to mention we have a DA's office who for the first time in....i don't even know how long...is making real progress but is being forced to beg for their fiscal life.
Check out the video: