After attending Monday’s University Place City Council meeting, I was actually starting to believe the trip to Las Vegas to promote Town Center might have been worth the money spent. It was interesting to find out that the Realtor hired to sell/lease space at Town Center can’t; there has been no value put to the units.
Unfortunately it took a turn for the worse as Ken Grassi gave his summary. He started by saying this was the first time they have had collateral and a vision to present (it took 6-plus years) and then started describing how Town Center needs to have a theme like the Las Vegas casinos. He said we should go with a golf theme to tie in Chambers Bay and Town Center with putt-putt courses throughout Town Center.
The council members’ inability to drop the notion that they are the developers of this land is inexcusable. Our city is in near financial ruins, and the discussion is about putt-putt golf? Does the University Place City Council really want to be known as the council that led to the city’s bankruptcy filing?
It needs to stop wasting our time, money and patience. Get an appraisal of the property and sell the land. We need to get our debt ratio under control before it is too late.