Based on information taken from a variety of sources, including the H.B. City Council Candidates Forum held on Sept. 18, as well as from Voice news stories, interviews and from campaign literature provided by the candidates.
Q. How would you speed up construction of the new senior center on 5-acres of land in Central Park?
Issue background: Makar, the developer that agreed to build the senior center in Central Park in lieu of providing park space in its downtown mixed-use development, Pacific City, is behind schedule in construction of the $22 million structure, according to the city’s interpretation (opa-correspondence1)of the Owner Participation Agreement (OPA). The $22 million construction amount (or fee if the developer backs out) is based on an appraisal of the Fair Market Value the Pacific City site, located downtown at PCH and 1st. The city appraised the land for about twice that amount, but a court ruled that its appraiser was under qualified and Makar’s appraisal technique was more accurate (makar-park-fee-arbitration-award2). (more…)