Hotel Winthrop Vote Tonight - Again (19. September 2006, 10:39 by Derek Young) ~ Game On... and On... and On
The city council is set to vote this evening on the conditional $1 million for A.F. Evans. Do I need to explain the debate to anyone? Check out our previous discussion for all the information.
When: 5:00 pm
Where: City Building at 747 Market
Link to the editorial in The News Tribune
Previously on Exit133
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The groundswell of support over the Winthrop Hotel has been pretty incredible over the last month. Check out the extremely supportive Tacoma News Tribune editorial today:
The biggest threat to the old Winthrop Hotel is not the ravages of time or mismanagement, but impatience.
The Tacoma City Council should not be in such a rush to see something done with the run-down building that it forfeits the opportunity to make the hotel a linchpin in downtown’s continued revitalization.
. . .
But the last thing the Tacoma City Council should do right now is lend Evans another $1 million to help it along.
And the best part of the editorial for those who like analogies:
A bird in the hand is not worth much if it’s the wrong bird.
It’s worth even less if the right bird is circling.
Its going to be an exciting night in council chambers tonight.
count me in
2 | Posted by craigA | Sep 19, 10:46 AM
I just posted my final Winthrop rant (well, maybe my next-to-last one, depending on the outcome) on the TNT real estate blog. Here’s the link if ya wanna check it out :)
http://blogs.thenewstribune.com/realestate
3 | Posted by Steve Hurley | Sep 19, 11:09 AM
This was just posted by Paul Ellis via the BIA Blog…
Another Delay for Winthrop Vote?
Postponed for one week on September 11th, the Tacoma City Council’s controversial vote for a $1 million loan guarantee to A.F. Evans Development may be delayed again this evening.
At their Study Session this afternoon, Councilmembers were presented with five additional (and to various degrees, daunting) uncertainties and issues engendered by the Oakland-based non-profit developer’s request. As a package, the five documents just presented to City leaders comprise more than adequate reason for further delay.
4 | Posted by DtownDweller | Sep 19, 03:00 PM
I had to leave early.
However, there was lots of last minute deal making and a modified resolution likely on the table before the council.
AF Evans and Quigg apparently have made some kind of agreement. Unfortunately, it appears it was contingent on AF Evans having the right to proceed with their plan if Quigg’s group does not exercise their option.
When someone knows the result of tonight’s hearing, please post.
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