7.
Business
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Although
often the subject of scorn and government regulations we all need small
and large businesses for a number of reasons. It could just be the convenience
of shopping and services, it could be for employment including part-time
student jobs but in a larger sense it is the creation of wealth that allows
tax revenues. RPV has mostly small neighborhood businesses such as gas
stations, hardware stores, super markets, restaurants, beauty salons,
etc. Although some revitalization has occurred in areas such as Golden
Cove other areas like Western Ave continue to struggle.
The possibility of really significant revenue
is centered on Trump National Golf Club (TNGC) and Long Point (LP) which
have been perpetually delayed by special interest groups. When TNGC is
fully operational as a public course it may produce city revenues approaching
$0.5M per year. But try thinking outside the box for a moment. Mr. Trump
would like a private club with memberships in the $300-500K range. Suppose
RPV had negotiated a 10% membership assessment with Coastal Commission
concurrence. That could have been worth $9-15M plus rollover assessments
based on as few as 300 memberships. Most RPV golfers (including myself
with an 11+ index) will not pay $250-300 to play a beautiful but challenging
course when real public courses such as Los Verdes are available at $21
($10.50 for seniors). At the above rates TNGC will effectively be private
whereas public access might have been negotiated ala Palos Verdes CC.
The other source of $3-4M per year in revenues
is Long Point (LP) which if it were operational would be paying for our
sewer and storm drain upgrades. You can thank the special interest groups
for the predicament we are in. Without a golf course or an agreement with
TNGC the future of LP remains questionable. Don't even think that keeping
TNGC public will alleviate this problem. Unless these 2 entities converge
or the city makes accommodations the vision of LP as a revenue source
may well remain a nightmare as it has for 18 years.
Although the use of Upper Vicente was widely
condemned the detractors forget to mention that along with a few golf
holes would have come enhancements of habitat, trails and
public access. Rather than opening old wounds this is merely an invitation
to acknowledge and deal with the results of prior actions.
I
propose to convene a business council consisting of small and large businesses
owners and representatives of the Chamber of Commerce to establish a plan
which encourages businesses and maximizes city revenue without wholesale
developments such as exist in RHE.
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