lidryn Posted November 3, 2006 Report Share Posted November 3, 2006 Founder's College has hit a big bump in the road. The County Planning Commission has said voted unanimously against the project. There was a second project in that area, which was housing, which has been put on hold. Now, the matter goes to the Board of Supervisors, who will make a decision on Nov 5th. I'm not sure if they often override a unanimous decision by the County Planning Commission. I doubt they would do so often. The way these things work is odd. In many parts of the country, a developer will be given approval if he promises to do some work like road-widening etc. and sometimes the developer will pay a certain amount of cash, which the government will use (ostensibly) to do such infrastructural work. In Founder's case, the backers offered to pay $11 million, they then dropped that number to $2.5 million, and then again to $1.5 million. However, strange as it may seem, my reading of the news leads me to conclude that they were reducing their offer (called a "proffer") in the hope of having a better chance of getting approval. The local laws in the area do not allow for proffers, so it would have been a non-binding promise. From what I could tell, some opponents were using the large proffer as a way to argue against the college, in the vein of: it only makes sense if they pay $11 million, and they aren't bound to pay it. So, they lowered it, trying to argue that the "costs" to the area were not that large. Strange reasoning , and if someone understand the logic of zoning laws, I'd like to understand this aspect. Anyhow, that's where things stand today: "We don't want no education". didn't wait to give them the satisfaction of saying NIMBY, apparently... but with that kind of money in play, wouldn't an elegant Plan B (or C? or D?) be reasonable? Quote Link to comment Share on other sites More sharing options...
softwareNerd Posted November 4, 2006 Report Share Posted November 4, 2006 but with that kind of money in play, wouldn't an elegant Plan B (or C? or D?) be reasonable?It's good to see that they've chosen a new location. It really is not surprising at all that someone who has made millions is also smart! Quote Link to comment Share on other sites More sharing options...
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