LGBT Center Restaurant And Bar Expected To Make Them $100K
San Francisco's LGBT Center in the Castro faces increasing financial troubles and looks to host internal vendors as a bailout. The Planning Commission agreed on...
These are the comments for LGBT Center Restaurant And Bar Expected To Make Them $100K
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bloomsm said:
July 26, 2010 10:56 AM
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I think if you review the earlier post (several months ago) on this topic, the question was whether the City should commit public funds to bail out a private enterprise that had shown no ability to manage its finances. Here's the answer, embedded in the updated post: "Even the with the $157,000 loan from the Board of Supervisors in March, the Center still seems to struggle to find new revenue"
Shocking.
bloomsm said:
July 26, 2010 12:25 PM
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Plus, this: ""This is a modest proposal to help the center have financial flexibility," said Boe Hayward, an aide to Supervisor Bevan Dufty, who proposed the zoning change. The change will be "exciting not only for the center, but also for the neighborhood."
Private small businesses trying to compete in the neighborhood also might appreciate a little Supervisorial "flexibility" so they can skirt the planning process that other business owners have to navigate on their own. I guess we're just protecting an investment; but maybe we should require a more realistic plan.