Because if they could afford it - everything east of downtown would be cut off and refused city services and abandoned...
...but they CAN'T!
They simply cannot afford it. The revenues generated for the city by the downtown area is so miniscule that they couldn't keep the water running, let alone the electricity.
The biases shown by our council are nothing new, and you know that as well as I do.
Remember when Ms. Vitori (or Kimener - pay attention and you'll know why she uses the other name) who said on her campaign website that the east end was a nice 'amenity'? To her - the east end is just a necessary evil that she can use for her own pet project of protecting her worthless investment.
And that's really the rub here - these people make horrible investments in downtown and then panic. They can't afford to lose their fortunes - but within months they find themselves cash poor and about to close up shop. Then they run screaming to the money families in our city to apply pressure to council or the new vogue is to just run for council yourself so you can pass anything you need to protect your insane investment in buildings, land and more that are worthless, decrepit and - get this - no serious developer would even consider putting their hard earned money behind.
When a real developer goes into downtown and brings real businesses who bring real jobs to the table (not a bunch of part-time service jobs) then, only then, should there be continued investment in any part of downtown.
What gets me is that if you're starting a business and you need a loan to get the façade of your location fixed - you're doing it wrong. Ain't it funny how the east end can bring in business (when council and the city government get out of their way) and they can do it without funny money from DMI and all those similar organizations?
The market should determine winners and losers - not the Middletown City Council.
------------- "Every government intervention [in the marketplace] creates unintended consequences, which lead to calls for further government interventions." -Ludwig van Mises
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