[1]We don’t have money for pools for our kids, but we do have money for developers.
Sinclair Community College is the only public institution of higher learning in Ohio that has zero debt.
They also have no student housing. In fact, state law prohibits 2-year schools from being in the housing business. And, while we have plenty of vacant homes in the city that can be bought dirt cheap (I just ran into a realtor today who was checking out a house around the corner that’s listed for $36K), and a shrinking population, the city thinks it’s the taxpayers’ job to help fund a housing complex for students going to a school which we already subsidize through our taxes:
The city of Dayton has approved over $1 million in funds to purchase and demolish a downtown property for a proposed student housing project.
Dayton City Commission approved Wednesday an agreement for CityWide Development Corp. to acquire the Schwind Apartment Building, 25-27 S. Ludlow St. from the Montgomery County Land Reutilization Corp. for $255,000. It also approved $755,000 to help with asbestos removal and demolition of the building ahead of its planned redevelopment. The funds will be paid for through tax-exempt bonds issued through the Dayton and Montgomery County Port Authority.
Shelley Dickstein, assistant city manager for strategic planning, said substantial cleanup has taken place in the building to prepare it for demolition.
via City to buy downtown building for new student housing project – Dayton Business Journal [2].
We’re broke when it comes to raises for our employees. We closed our pools and can barely cut the grass because we have no money for amenities that make our city a desirable place to live, yet, we have money to help a developer build housing for college kids.
Once again, the people who we’ve elected to represent us, spend our money on special interests in the name of “economic development” instead of making sure we have adequate police protection or pick up leaves in the fall.
Third and Ludlow is run by a criminal cabal called Citywide Development.
The City of Dayton is run by a criminal cabal called Citywide Development.
Today’s DDN notes the cost of this project is 22 million. A month ago, the cost was pegged at 18 million. The cost per apartment unit is now $110,000, if one assumes a zero value for the retail.
David, I didn’t know until yesterday 7-12 about the provision in Kasich’s budget concerning closed meetings. I don’t get the DDN so when a friend showed me the article More Closed Sessions OK’d, from the Columbus Bureau writer A. J. Tobias I realized why I got the flack from WEST Carrollton CITY Council. They have had no problem with agreeing on any vote for years. Now all the info I got when I ask a question about something said in a work session, (very little), will be talked about in executive session. This really sucks!! I Have more, but I can’t say it. I will say that my questions were related to City Wide, Land Bank, and economic development. What do you think about it? Reading your Dad’s book. Should finish it tonight (WOW)!!!!