Downtown plans gain traction ???

I just read the article in The Register Guard (A business that has also moved from downtown) RE: the sale of the Centre Court building and some adjacent properties by our "Idiot" city leaders. Our grinning mayor was quoted as saying “an important turning point in the redevelopment of our downtown.” YA RIGHT!!! The city bought the property for exactly what they sold it to the guy for. ($3.6 million, with only $50,000 down)..To help the developer, the city will lend the firm $6.5 million for the construction work on the pit and in the Centre Court. Under the deal, if the developer cannot find enough tenants to occupy the new building, and the renovated Centre Court, the city has agreed to lease back up to 50,000 square feet for five years.

Now, get out your calculator....50,000 Sq. Ft. at even $1.00 a Sq. Ft. = $50,000.00 a month. $50,000.00 times 12 months in the year = $600,000.00 per year. Times that by 5 years and you get $3 million dollars. (and we're going to lend the guy $6.5 million, at low interest, on top of this.

What a deal. Lets see...Maybe we can invest the $50,000 down payment in bicycle stock.

Here's another quote from one of the city fools.“We have to make something happen in downtown,” You fools have been making something happen for 30 years, and look at the results. Lets give away some more buildings.

This whole thing was done in a very appropriate place, "Ken Kesey Square" I wonder if they smoked a little grass, and huffed the nitrous oxide before or after the ceremony?........ "One flew over the cuckoo's nest?"

Here are some ideas for businesses that would go well in the newly remodeled building, and the hole next door:

A skateboard museum. An all transsexual tofu bagel shop. A drug overdose clinic combined with a free methadone and clean needle giveaway. An all organic hemp walking shoe store. A city sponsored "Please give me your change" sign shop. A bicycle repair business...(oh, that won't work, if your bike is broken you need to take it to be repaired in a car)

I'm thinking they might cover that big hole where Woolworth’s once stood with a tarp, and have a nonstop Country Fair in it. (The free buses wouldn't have to go so far, and the old hippies could just stay here all year. Or here's an idea, take a bulldozer and fill it with all those ugly artworks, benches, cobblestones and anything else that's making it impossible to get a car downtown. While you're at it, toss in the mayor and city council.

I have a message for you Mr. Developer....YOU CAN'T GET A CAR DOWNTOWN..and if you do...THERE'S NO PLACE TO PARK. But why would you care? You don't have to do anything. You can pay the 3% interest out of the $6.5 million loan, and wait for the city to pay off what you owe us with the rent they will pay you. This is a little over simplistic, but I hope you get the idea.

It looks to me like the investor hasn't agreed that he will anything for sure. The article said that he "might" start work early next year, and he "might" invest money of his own.

OPEN UP THE STREETS FOOLS, and people will move back downtown
without giving the city away!!!!

Meanwhile, Back at the ranch....The Eugene police still have an outdated and unsafe building to work out of, and these grinning fools don't seem to care..