Comments on: Downtown Development: RAM’s VP Cummings’ Smackdown http://blog.willraymond.org/2006/12/06/downtown-development-rams-vp-cummings-smackdown/ Diffuse thoughts in Brownian motion Tue, 04 May 2010 18:39:31 +0000 hourly 1 http://wordpress.org/?v=3.0-beta2-14489 By: Antawn Smith http://blog.willraymond.org/2006/12/06/downtown-development-rams-vp-cummings-smackdown/comment-page-1/#comment-2963 Antawn Smith Wed, 06 Dec 2006 20:32:18 +0000 http://citizenwill.org/2006/12/06/downtown-development-rams-vp-cummings-smackdown/#comment-2963 Only 3 counsel members and the mayor were in on the negotiations. So unless there was an active back-n-forth dialogue it is quite likely that most of the counsel was not privy to lots of important information. Further many extremely important details need to be worked out and are unknown by anyone at this point. My suspicion is that fewer yes votes will fall on the final vote in Feb.... but at least the developer was told on record what was missing. Without knowing what the fees will be (will there be a gym, a rec room, jacuzzi? etc how will the grounds be kept etc...) it is very easy to imagine fees that would make the affordable units unaffordable. Only 3 counsel members and the mayor were in on the negotiations. So unless there was an active back-n-forth dialogue it is quite likely that most of the counsel was not privy to lots of important information.

Further many extremely important details need to be worked out and are unknown by anyone at this point. My suspicion is that fewer yes votes will fall on the final vote in Feb…. but at least the developer was told on record what was missing.

Without knowing what the fees will be (will there be a gym, a rec room, jacuzzi? etc how will the grounds be kept etc…) it is very easy to imagine fees that would make the affordable units unaffordable.

]]> By: Administrator http://blog.willraymond.org/2006/12/06/downtown-development-rams-vp-cummings-smackdown/comment-page-1/#comment-2962 Administrator Wed, 06 Dec 2006 18:48:31 +0000 http://citizenwill.org/2006/12/06/downtown-development-rams-vp-cummings-smackdown/#comment-2962 Fred, good point. Note he does acknowledge they discussed these issues - they just couldn't come to an agreement. RAM is going to make a boatload of bucks on this deal - it's really a steal. Nickel and diming the affordable housing folks doesn't make sense. It's on the town for negotiating a building design that it appears NC State wouldn't accept. Fred, good point. Note he does acknowledge they discussed these issues – they just couldn’t come to an agreement. RAM is going to make a boatload of bucks on this deal – it’s really a steal. Nickel and diming the affordable housing folks doesn’t make sense. It’s on the town for negotiating a building design that it appears NC State wouldn’t accept.

]]> By: Fred Black http://blog.willraymond.org/2006/12/06/downtown-development-rams-vp-cummings-smackdown/comment-page-1/#comment-2960 Fred Black Wed, 06 Dec 2006 18:07:28 +0000 http://citizenwill.org/2006/12/06/downtown-development-rams-vp-cummings-smackdown/#comment-2960 Will, note that he said he negotiated in good faith an put forth a best and final offer (BAFO) that didn't include these things. Why didn't the people who blessed the BAFO speak up? Will, note that he said he negotiated in good faith an put forth a best and final offer (BAFO) that didn’t include these things. Why didn’t the people who blessed the BAFO speak up?

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