Tuesday, November 18, 2008

Emerald City News Roundup 11.18.08

A downtown property transaction and a 2008 election cliff hanger

We find two news items of particular interest in this morning's Standard-Examiner:

1) The Boyer Building, which Curmudgeon discussed here on Sunday morning, is right back in the news again today. Ace Reporter Schwebke reports this morning that The Boyer Company has lined up a prospective California buyer, and is hoping to get the RDA Board's cooperation in closing out these entities's mutual property interests in this money losing downtown albatross. Mr. Schwebke's lead paragraphs provide the gist:
OGDEN — The city’s administration plans to ask the Ogden Redevelopment Agency to support the sale of a 66,000-square-foot downtown office building owned by The Boyer Company.
The RDA board, made up of the city council, may vote on a resolution in the next few weeks enabling RLA Real Estate, based in Irvine, Calif., to purchase the building at the corner of 24th Street and Washington Boulevard within The Junction development.
The RDA board would have to approve the transaction because the city owns the land where the building is situated, which also could be sold to RLA, said Richard McConkie, deputy director of Ogden’s community and economic development department. The RDA provided the land and The Boyer Company funded the cost of constructing and operating the building, which opened in 2007.
A sale price for the building and land to RLA hasn’t been determined, said Tom Christopulos, the city’s business development manager. The land alone is valued at $213,500, according to records on file with the Weber County Assessor’s Office.
If there is indeed a ready, willing and able buyer waiting in the wings, this prospective transaction will relieve the Boyer Company of its current operational expenses, put the property fully onto the Weber County tax rolls, and add a few dollars back into the RDA's bank account. It looks to be a win-win for all the stakeholders indeed, assuming the deal goes forward.

Go for it, we say. The devil's in the details, of course.

2) Std-Ex reporter Di Lewis reports that two weeks post election, the Weber County Clerk's office is still counting a truckload of provisional and absentee ballots, something like 4,000 of them, to be exact.

We did a lot of cheering and celebrating on election night, and in the days thereafter, especially with respect to the unofficial results in House Legislative Districts 9 and 10. In the course of the post election discussion however, we heard cautionary admonitions here and here.

Lets all cross our fingers and hope we didn't count our chickens before they were hatched. We all remember what happened the last time Weber County Clerk Alan McEwan's office completed its final election canvass.

Take it away, O Gentle Ones.

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