|Proposed Marquis Care Facility on Boise Site|
|Project Bond approval as a contingency for the deal|
If Seller is unable to obtain approval of the project bond on terms deemed adequate by Seller, then Seller may, on written notice to Purchaser [the City] terminate this Agreement and it shall be null and void for all purposes.I'm not sure that's exactly a threat, but it certainly is an exit opportunity for the developer. And it looks like it will be very difficult to maneuver to a "no" on the nursing home while keeping the framework with the other elements intact.
So on Thursday the Downtown Advisory Board will almost certainly approve the project bond more as a formality than as an actual item of debate and consideration. It looks like a done deal. The meeting packet significantly has no additional information on the project bond - so it's not possible to comment on its terms, on what the implications of adding the new "objective to encourage the development of buildings that provide medical/professional employment opportunities and services to downtown," or adding "Retail-Sales and Services, SWMU zone to the plan" or anything else.
|The DAB agenda on the nursing home|
(The Planning Commission back on March 19th, 2013, decided that "Post-acute rehabilitation falls within the scope of Retail Sales and Servie - Personal Service Oriented use, and is permitted within the South Waterfront Mixed-Use (SWMU) zone..." so this must be related!)
One thing that is interesting, but I have no idea why it's arranged this way, and don't know really if this is an important instance of the gerrymander or not, but not all of the north parcel is actually in the Riverfront-Downtown Urban Renewal Area!
|The conference center is gerrymandered into the URA (in brown)|
and only the northern triangle of the Boise project is included.
The bulk of it, including the other half of the north block, is in yellow.
|Nursing home on the north block|
wedged in on Riverfront-Downtown land for the project bond it seems
|Even the SJ says: Too many backroom deals!|
If you'd like to comment on the appropriateness of a nursing home at the Boise project, you can email city staff here.
The Downtown Advisory Board is the citizen advisory board for the Riverfront Downtown URA.The Board's recommendation is a prelude to the anticipated vote by the Urban Renewal Agency at the Council/URA meeting on March 24th.
The Board meets Thursday, March 13th, from 12:00 pm – 1:30 pm in the Kalapuya Conference Room, 295 Church Street, Ste 200.
(For all notes about the Boise project, see here.)