7. Impact activity at the recent Commission meeting may have had on prospective tenant confidence in the City.FAB finding: Uncertainty and indecision over this issue places the project in a precarious position to the point where its potential survival is at stake. A lack of commitment to the Commission approved Casino Business Plan is counterproductive and jeopardizes the project.
REVIEWED BY AND RECOMMENDATION:
The FAB, based upon our extensive review of the proposed tenants, their credit worthiness, initial lease agreements, Commission adopted Casino Financing Plan and an examination of the ramifications that failure to act and poor tenant choice will have on the Casino Financing Plan strongly recommend leases be executed with the following entities.
• Mama Mias for units 1 and 2.
• Kilwins for units 3 and 4.
• Fox Surf and Beach Shops for units 5 and 6.
• Johnny Longboats for units 8 through 12.
The FAB further recommends continued exploration of tenant options for unit 7.
Is it possible that the city could sunset or dissolve this Board as well? It's about as useless as the CRB and a few others.
8 comments:
The only reason that there was a big move to get Exline replaced was that he was the ONLY member who stood up to the city manager even telling her that he would fire her if he was still the mayor. That takes some balls. What doesn't take balls is agreeing with the CM at every opportunity. Now we just have BS that continues on an on. I would have a lot more respect for this Board if they just came out and TOLD THE TRUTH...Yes we are a rubber stamp.
We fought a long time to preserve our beach and fight developers and little did we know that the developer would turn out to be Susan Stanton and her failed beach plan.
R. Exline
There was absolutely no requirement to increase taxes and assessments as put forth by the CM. Within the CIP there were ample projects that could have easily been eliminated without detriment to the City. These would have offset all of the tax increases. But, without competent individuals on the FAB board to offer guidance, and a City Commission that collectively has shown to have a room temperature IQ, the result will be continued taxing and continued spending.
A vote for Triolo and Amoroso is a step in the direction of stomping out this madness.
Do we continue to allow this to continue? Ultimately its the commissions responsibilty to make this stop. If this commission will not then its time to replace them all with people who "have the balls" to make it happen.
Lynn, you are pretty brutal toward the FAB.
That you think they bow to the CM is..well, kind of irrational. You have some decent minds on this Board, who see the big picture of the only way the Casino will work, fiscally.
This I believe has been established from the beginning by FAB. That only VIABLE tenants can occupy the spaces in order for it to work.
To ask/demand out of sentiment that tenants who do NOT have a good track record be allowed to maintain space there, is a recipe for failure...and a recipe for further assessments to help sustain the beach when it's not paying for itself.
Y'all just can't have it both ways. And the FAB really are not Stanton puppets. That they happen to agree on some fiscal matters should only tell you that there's something to what they're saying.
Jesus Ron, what is your master plan for the beach tenants? It HAS to pay for itself. I know you must realize that.
The abject fear and hatred you have for the word 'developer' is in my opinion, myopic and thwarts the only way the beach can sustain itself.
Where are the viable candidates for the beach?
Do you really think the brokers are simply doing a bad job of finding them?
Please educate us on your vision of the beach tenants...which we know have to be in there ASAP in order to make this thing work.
Thanks.
Jesus, anony, Susan, give me a call and we'll do coffee.
R. Exline
They're puppets and they were called to court last night to help the Puppeteer. They didn't have a chance to support Stanton and confirm their unsigned letter regarding the leases.
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