Wednesday, March 25, 2015
1. It is rumored Mayor Nancolas has asked for a 90 day halt to any further action on our downtown plaza. Mayor Nancolas said it is due to the time frame asked by Roger Brooks to get his final report in for his efforts on our downtown.
2. Are we going to have a Reel Theater in our downtown? Mayor Nancolas responded that he was unaware of anyone trying to put a Reel Theater in our downtown. He said he does not even know any of the principal owners of Reel Theaters.
Mayor Nancolas did share with me that there are 4 developers sniffing around downtown for possible projects. He also indicated the budgets for Caldwell as well as the Urban Renewal Agency would not withstand the $5MM figure asked for support for the Plaza. Money, siting and other aspects of the plaza project would have to be carefully analyzed during this years budget process for next fiscal year..
Posted by Paul Alldredge at 4:04 PM