The trouble with print media for our local news is that it's nailed to the deadline and the press run. Someone commented that WCTR-TV Channel 3 had a piece interviewing Mike Perotto on Tuesday's "Worcester Tonight" show, but yesterday's T&G had nothing. Today, of course, we have the write ups...
This one focuses on the committee meeting at City Hall, and this one deals with the meeting Young Park had with business leaders earlier on Tuesday.
It becomes clearer and clearer to me that the most contentious issue facing the city is whether to fish or cut bait. It all hinges on when and how the city releases public funding for tearing down the mall. This, in turn, depends entirely upon Berkley's promotional team securing a specific percentage of tenant commitments to lease space in buildings that will be constructed after the mall comes down.
Young Park, obviously, wants to re-negotiate that deal. Why? Because most prospective tenants are like any other corporation that isn't going to make a commitment to something that hasn't visibly gotten off the ground yet. The city manager, meanwhile, is doing what he believes is the best safety measure for the city's pocketbook by not gambling with it.
Basically, nobody wants to commit to spending anything without better odds. And the city manager's decision to cut bait is, even at this late stage of the game, the hallmark of a conservative fiscal approach to this project on the city's part that nobody should take issue with. It's proving to have been the right thing to have done, no matter how impatient anybody gets.
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