DocHolliday
Starter
Mayor Johnson will be on with Grant and Mike @ 4:40pm to discuss what's next in regards to a new Entertainment and Sports Facility.
Rescheduled for tomorrow. :-/
Today's my bday so I'm hoping for good news.
To clarify, the exclusive right to negotiate agreement with the Kamilos group ends on October 31st. KJ said they may let it expire, because of the original bidders proposals, the reviewers thought 2-3 others might be possible, The city can't go back and look at any of those proposals as long as the city is tied into the exclusive negotiation contract.
All it means is they may let it expire, if the "convergence" team doesn't come through with a really solid, revised proposal. I think that's fair. The convergence plan, as proposed, failed. If they can't come up with a solid revision, then the city should go back and revisit those 0other possibilities. Maybe he's subtly giving them a heads up to be working on possible and feasible financing sources/commitments, because that was the weakness of all the other proposals at that time.
I hope all the parties that have viable plans are working on them now and getting ready to present them at the end of the month. Even the supposedly cheaper option to build next to Arco better be explored. No need to make building downtown a deal breaker at this point.
Didn't I read there was some big Australian money involved a few months back to the tune of $300M?? And with the rail yards now in foreclosure doesn't that help with a lower price?? Or not?