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I hope I'm Wrong!!

Linda Rosewood has no sympathy for the Clear View Court residents who have gotten nothing but the screw job from the city. When the City caved on rent control, they cancelled their "irrevocable" contracts which were guaranteed "in perpetuity." Thats a warning for folks who believe the council will guarantee union jobs for the hotel workers once the project is built.

Now this huge contruction project will be going on mere feet from their homes (which lost at least half of their equity already from the lack of rent control), with noise, dust, and finally huge fans blowing fumes away from the parking structure and into the Clear View Court living space.

And Linda thinks the answer is to close the park??? She justifies this with an attack on affordable housing which she thinks is too "indecent."

Linda tells us she likes the project. But how sure is she that it will make money? What if there are so many cost overruns, that it throws the profit element out? (the police station was bid for $6 million and ended up costing us $13 million!!) What if its not the big success Ceil Cerillo of the RDA and City Manager Dick Wilson say it is? What if the days of big conference business are over? Don't people teleconference now for a fraction of the money?

Please read the article in Monday's Mercury News about how San Jose's convention center---which RDA types there sold to the public claiming it would net $300 million a year? IT only earned $98 million a year ---only a THIRD of the rosy forecasts of the staff pushing the project?

This project is a much riskier investment than we are being told. Don't accept, hook, line, and sinker the glowing reports of the RDA (they after all will make huge bucks for their dept. from this project).

LInda, if this is so good, why don't you explain to us in English, which we can all understand, as to why you are SURE it will be such a financial success???

Also: Note to Local 270. Yes, we all know you are your fellow tradesmen will get a lot of well-paid work in the next 2 to 3 years. But the City will be out the $30 million for the next 30 years (source: Dick Wilson). Aren't you being selfish?

Note to everyone: I hope I am wrong.
 


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