The Palm Beach Post seems to be overly concerned about our bond referendum that was recently defeated and has suggested another referendum in March. One of its editors lives on South K Street. They still fail to mention the Park of Commerce.
"City Manager Michael Bornstein says that offering a pared-down alternative could be politically tricky. The $63 million plan was balanced so that all sectors of the city received some improvements. A smaller plan might be more difficult to balance geographically, he said. That could make people in less-impacted neighborhoods less likely to support it, and 'that’s where that keeps falling apart'.” Click the link to read the entire story.
What a pared down bond would mean is that the Park of Commerce would essentially be off the table. This is the tricky part as many believe that this bond was being pushed by certain commissioners specifically for the Park of Commerce spending $9.6 up to $14 million (originally they wanted $17 million in the POC), money that we would never recapture in ad-valorem taxes, not in 100 years. In year 2015, the city has projected an expenditure there of $3,350,000 for a total of $4,550,250 through next year that did NOT include the bond of $9.6 million.
From the city's web site:
Read about all the generous incentives for businesses to locate at the POC.
On January 10, 2014, the Lake Worth City Commission approved two contracts to begin the infrastructure improvements on Boutwell Road between Tenth Avenue North and Second Avenue South. The contracts include Mathews Consulting as the City’s Owner’s Representative and Mock Roos as the Design, Engineering, Construction, and Administration Consultant.
The project will entail a complete overhaul of the infrastructure and roadway including:
- storm water,
- potable water,
- sanitary sewer,
- and a new boulevard style roadway with lighting, landscaping and pedestrian/bike way access.
I believe there is a damper on these plans.