Home > Jefferson School > Community group to propose Jefferson purchase tonight

Community group to propose Jefferson purchase tonight

[By Heidi Benzonelli.]

The Westside Community Improvement Association will present to the Eureka City School Board Wednesday night before closed session at 5 pm (3200 Waldford Avenue) and request the school board work with them to see the Community’s vision to restore common ground at the abandoned school site be realized.

The self determination of the community is inspiring and overwhelming. We have been struck down so many times and literally the community comes back with pledges of financial support, offers of professional support, offers of good, services, prayers and mostly their un-yeilding desire to restore the commons on the Westside.

Those that have followed the saga know that:

1) The First blow came when the school district permanently closed the campus.

2) Then, when the community college interrupted a purchase in progress between the school district and the Redevelopment Agency.

3) Again at the 11th hour when the financial partner Northcoast Children’s Services backed out with no warning

4) and Finally, when the newly seated city council reversed the decision of the previous unanimous vote to purchase the property with redevelopment funds.

[More.]

  1. High Finance
    March 9, 2011 at 9:37 am

    If the school board gives this group a special deal I will personally help get them all recalled.

  2. High Fiving
    March 9, 2011 at 10:08 am

    HiFi, your such a schmuck

  3. Living In Eureka
    March 9, 2011 at 10:11 am

    HiFi you need to get a God Damn Life!!! “This group” doesn’t want a “special deal”! God & this whole city knows that NO ONE HAS GIVEN THIS GROUP ANYTHING!!!! But see how many people listen to your “recall” bullshit!…or listen to you at all!

    Poor boy….nobody wanted to play with him on the play ground. Now he thinks we should all listen to his crap! Take your marbles & go home!

  4. Anonymous
    March 9, 2011 at 10:20 am

    God & this whole city knows

    Please don’t bring superstition into the discussion. It’s the fastest way to dissolve your credibility. Gods aren’t building a community center. A mountain of prayers won’t do a lick of good. This thing will get built, or not get built, based on the actions of real people.

  5. Not A Native
    March 9, 2011 at 10:23 am

    Of course the neighborhood deserves special consideration, because they’re the ones most affected by how the Jefferson site is used. The school board has an obligation and a mandate to consider the needs of the entire community, not merely monied interests, when they make decisions.

    I’d say, if the board DOESN’T seriously look to find a way to preserve the site for community use, recall efforts might well be in order. But only after a lawsuit challenging any decision that gives a sweet deal to a real estate developer.

  6. huufc
    March 9, 2011 at 10:26 am

    Hey! There is no money! The school was closed because there were not enough students to keep it open. Leave it closed.

    All of the other peoples money has been spent.

    The federal government is printing 40 cents on the dollar out of thin air. We cannot continue to go on like this our society will collapse.

  7. High Finance
    March 9, 2011 at 10:47 am

    Living, 10.11am, do you even read the news ????

    In the paper a week or two ago, it was reported that group had asked the school board for a 60 day special consideration just for them.

    So what is it, are you lying through your teeth or are you just ignorant ?

  8. Living In Eureka
    March 9, 2011 at 10:55 am

    HiFi, this group did not ask the school board for anything more than the City of Eureka had already received. By the way, The city received their 60 day extension the WCIA DID NOT! Yes I read the news….all of it. NOW WITH EGG ON YOUR FACE…TAKE THOSE MARBLES & GO HOME!

  9. skippy
    March 9, 2011 at 11:01 am

    A very important part of this letter is buried under the opening comments for your awareness:

    “Friends Neighbors and Community Partners, we are calling for your support.

    We need to pack the school board chambers today, Wednesday March 9th, at 5-7pm. People do not need to speak, but they need to be there.

    If there is any way you can, come, bring other interested community members… standing behind us at 5pm at 3200 Walford Avenue (behind the Safeway up by Cutten) Eureka….

    The Open Session begins at 7pm.”

  10. A-Nony-Mouse
    March 9, 2011 at 12:20 pm

    We’ll be there. But if HiFi comes, I hope he warns us so we can wear our TALL boots. That stuff dribbling out of him might be toxic!!!

  11. A-Nony-Mouse
    March 9, 2011 at 12:21 pm

    Might be, HELL. It’s guaranteed to be!

  12. High Finance
    March 9, 2011 at 12:29 pm

    Mouse, I will not be there. This is all just an attempt to bully the board into doing something they shouldn’t.

    Your group will be dominating the speaking time and more people there will just give the impression that you have the support of the majority of Eureka.

    You don’t. It’s not even close.

  13. Anonymous
    March 9, 2011 at 12:31 pm

    Just another request for a handout? SOP from the progressive left.

  14. High Finance
    March 9, 2011 at 12:32 pm

    And “Living in Eureka”.

    The way I understand it, the school board has to give other governmental agencies preferential treatment but they cannot give non governmental agencies special treatment.

  15. March 9, 2011 at 12:36 pm

    If the school board gives this group a special deal I will personally help get them all recalled.

    Just because I call you a super hero, does mean that you are a super hero.

    God you probably bought a cape and everything too.

  16. Plain Jane
    March 9, 2011 at 1:14 pm

    HiFi’s right. Only the developers have the right to bully elected officials by packing meetings to make it look like they have the support of the majority. Whether they do or not is irrelevant because they are the only people who matter.

  17. Plain Jane
    March 9, 2011 at 1:14 pm

    But if they don’t, why did Newman get less than 50% of the vote when he was the only candidate who made an issue of Jefferson school before the election? hmmmm

  18. Plain Jane
    March 9, 2011 at 1:17 pm

    I think HiFi has some personal money at stake since he doesn’t care so much about the deficit that he wants to raise taxes a couple percent, back to where they were in 2000, and he certainly doesn’t want to cut funding to the Chamber or the zoo.

  19. owltotem
    March 9, 2011 at 3:27 pm

    Skippy nailed it again!

  20. Local Big Shot
    March 9, 2011 at 4:02 pm

    Sorry we need those redevelopment funds to do some blockbusting in your neighborhood. Buy low, sell high, good bye, westside.

    You will be gentrified.

  21. Anonymous
    March 9, 2011 at 4:32 pm

    Gentrified would be good and long overdue with all the beautiful victorian architecture. Are you talking about redevelopment using “urban renewal” – eminent domain and demolition?

  22. Down the Road
    March 9, 2011 at 4:46 pm

    I don’t think the Bd. of Education can cut any special
    deals. I believe they have a process to follow.
    Silly me, in Humboldt County all the government entities
    make their own rules and do what they want. Speaking
    of rules I am questioning the legality of what the
    new council did. There is in contract law “Third
    Party Beneficiary Contracts”. Not all contracts have
    to be signed, some just need to be implied. Any good
    attorney’s volunteering or at least at an affordable
    price.

  23. Local Big Shot
    March 9, 2011 at 5:02 pm

    Yes 4:32 you are spot on. The people living on the west side now have no pride in their neighborhood or it would not look like it does. It needs gentrification and that means the people who are there now need to move on.

    You don’t see this kind of stuff in other parts of Eureka do you?

    Once we are done blockbusting and driving all the home prices under water we will buy them up. We have plans for a fully restored “Victorian Port” gated neighborhood complete with real gaslights. We (I mean you taxpayers) will fund much of this bright future for our City with redevelopment money. What’s good for Us is good for you.

    Oh did I forget the horsedrawn shuttles down to the Marina Center and the yacht basin?

    Frack you.

  24. Anonymous
    March 9, 2011 at 5:26 pm

    The kind of STUFF I see in Cutten for instance, is off road vehicles on lawns, cars on blocks and ugly architecture, just to name a few. Urban Renewal has demolished more historic architecture with the help of Redevelopment funds. It has torn neighborhoods and city’s apart. Gentrification is a good thing if the neighborhood improves on it’s own. When the government and greedy builders get involved all you see is destruction and the contractors laughing all the way to the bank.

  25. Decline to State
    March 9, 2011 at 5:41 pm

    I’m just back from the Eureka City Schools board meeting’s public comments section. The board is in closed session. There were perhaps 30 people present with a hand full of them addressing the board. During Heidi Benzonelli’s time she asked for a show of hands from people supporting the Westside Community Improvement Association’s plan for Jefferson School. It appeared to be unanimous support.

    I heard nothing really new from the WCIA but I have to admire their passion and tenacity. I’ve been converted. The board seemed very sympathetic to their cause and that if they can facilitate the WCIA’s buying of the school that they would be happy to move in that direction. The question is of course, can the board do anything or are their hands tied.

  26. taxed
    March 9, 2011 at 5:42 pm

    The city has done it’s best to turn the west side into a ghetto. Redevelopment funds depend upon blighting neighborhoods and using them as a place to fill the mandate for low income housing. They have done their best to ruin the historic neighborhoods but a whole bunch of Newbes have moved in and are fighting to make our historic neighborhoods the gems that they could be.

  27. Local Big Shot
    March 9, 2011 at 5:43 pm

    The Gated Victorian Town (TM) will be a real job engine for our city. There will be jobs aplenty for gardeners, maids, nannies and security guards.

    We’ll put a few more halfway houses out there (we can use redevelopment funds for that can’t we?) and try to drive the families out faster so the Gentry can move in.

    These westsiders don’t understand history. They should look up the history of blockbusting. We used to use race but this century’s version uses addicts and the mentally ill to bust up the neighborhood.

    These westsiders don’t seem to understand that their neighborhood is under a deliberate attack from a cabal of local developers and realtors and that the city government is aiding and abetting this process.

    Sure is nice to be on the winning side.

  28. Local Big Shot
    March 9, 2011 at 6:04 pm

    You see we aren’t really interested in making the west side a nicer place, unless we can also make it a much more expensive place. Unless there is some profit in it. Unless we can buy it up cheap and do some “value added” stuff like CC&Rs and special assessment districts that only people like us can afford. Throw a fence around it and our people will flock here. Even if they only use the places a few days a year, they will still look awesome. Victorian will be fashionable! Places we buy for less than 100k we will eventually turn for five times that or more.

    This is what makes America strong.

    Life is swwwwweeeeeet.

  29. taxed
    March 9, 2011 at 6:17 pm

    Hope the new governor will the pull the plug on the biggest tax sucking scam there is-REDEVELOPMENT.

  30. "HENCHMAN OF JUSTICE"
    March 9, 2011 at 7:05 pm

    Heidi – You go girl….Good Luck :-)!

    Jeffrey Lytle
    McKinleyville – 5th District

  31. "HENCHMAN OF JUSTICE"
    March 9, 2011 at 7:07 pm

    Re-development is like a rebate/prebate scam…..ya know, like those computer products that are propped-up in price to inflate valuations “KNOWING” not all customers will send in the rebate/pre-bate to get back their over-charges. This is fascism folks…..time to get educated.

    JL

  32. skippy
    March 9, 2011 at 8:43 pm

    The Eureka Schools Board of Education held their regular session at 7pm holding ‘discussion and action’ for Item #10-11-032, Intention to Sell Real Property and Publication of Notice of the Jefferson School Site. A timeline for notification was heard and The Jefferson School property will be put out to an open bid starting at the minumum asking price of $600k. No member of the public spoke either for or against this resolution.

    The resolution passed unaninmously, quietly, and quickly by the Board without fanfare. After passing, 15 public members left from the approximately 20 or so in attendance.

    In attendance were former City Councilmember Larry Glass, Councilmember Marian Brady, and County Board of Supervisor Virginia Bass, all taking the extra effort and time out of their busy schedules and duties choosing to be informed and aware of their community happenings tonight. This is notable: their efforts being here, engaged, and remaining open to the community at large did not go unnoticed and are sincerely appreciated– no matter what side of the issue and opinion one may hold regarding Jefferson School.

  33. Get a Clue
    March 9, 2011 at 8:58 pm

    Marian Brady and Virginia Bass were there? But what were their real motives?

    I guess we’ll find out by which developer friends of theirs show up at the Jefferson School auction to try to outbid the neighborhood.

  34. Heidi
    March 9, 2011 at 9:03 pm

    Bid packages available tomorrow, we’ll be sure to pick one up.

    Anyone know why Virginia Bass and Marian Brady showed up to the school board meeting? When Virginia was Mayor she congratulated us on our hard work and dedication , and always spoke generally in favor of our attempt to take responsibility for what was lacking in our community. Marian on the other hand…well, you’ve all seen it.

    Anyway, we will move forward and commit to do our best, always, work hard for the good of the community, be upfront and honest, and do our business in the light of day the WCIA is committed to serving the community.

    Community members please reach out we are in the process of the legal co-op structure for raising the rest of the capital.

    A memberships will be $10
    B memberships will be $10-300
    and C shares (equity, an investment) as much as you choose to invest. This is a fantastic way for a determined community to pitch in and finally win, by the people, for the people.

    The way to let us know you are interested in supporting this community effort is to email lets.buy.jefferson@gmail.com

  35. March 9, 2011 at 9:16 pm

    Brady decides to get educated about the Jefferson situation after the city gave up its seat at the table.

  36. Skeptical
    March 9, 2011 at 9:30 pm

    Brady is getting educated so she can bring the news to her friends in the developer community. She has no love for the WCIA and the last thing she wants to see is a strong, united Westside neighborhood that is politically active, with a community center as their base.

    Virginia may say all the right things when certain people are listening, but look who she runs with and the choices she makes. This is the woman who picked Linda Disiere to be her Planning Commissioner. I guess you could say that when push really comes to shove, she’s not sympathetic to the goals of the neighborhood. If she was, she would be using her prestige to make some kind of public statement of support, or at the very least, lobby the four council members who overturned her previous council’s decision.

    Do you think she’s done any of that? Hell no.

  37. A-Nony-Mouse
    March 9, 2011 at 10:17 pm

    Marian and Virginia spent most of the open part of the meeting chatting with each other rather than paying attention. It was disrespectful, especially after Virginia’s noble attempts to maintain order when she was mayor HA!
    You watch. Now the RetroClowncil will drive the marijuana dispenseries into the county, cleverly avoiding all those messy tax revenues and keeping it an underground business in town. Gotta love ’em. They haven’t a clue in a carload.

  38. Heidi
    March 9, 2011 at 10:20 pm

    No, Sadly she was even at the Council Meeting when the council voted to overturn the decision to purchase the property. Silly me, I saw her walk in and thought. Oh my goodness, going to speak in support of the project. duh…someday I will get THAT naivety beat out of me!

  39. A-Nony-Mouse
    March 9, 2011 at 10:22 pm

    By the way, HiFi, no one was asking for special consideration. The WCIA was aking for a little more time. As you will recall, the Clowncil suddenly and unexpectedly pulled the rug out from under what was thought to be a done deal. The Westside group has made huge strides raising money and setting up structure. Things still take time. even if Brady thinks we’re all rich and can just write giant checks. The Board commented that this sale has been pending for several years. You would think that another 30 days before going on the block would not matter. I guess the thought of instant money got to even as august body as the School Board. What a world! Send your pledges!

  40. Anonymous
    March 9, 2011 at 10:42 pm

    I can guarantee that there will be litigation if anyone tries to push more low income trash apartment buildings on to the property.

  41. tra
    March 9, 2011 at 10:50 pm

    “Local Big Shot,”

    You’re not making sense. On the one hand, you complain that the neighborhood is deliberately being run down with halfway houses and the like, yet you also complain about the danger of gentrification turning the area into a “gated Victorian village.”

    Well, which is it? Because I kinda doubt those interested in a “gated Victorian village” are going to invest in a neighborhood full of halfway houses.

    I guess your theory is that the neighborhood will be run down with all the low-income housing, driving out the middle-class residents, and THEN it will all be completely changed and gentrified?

    Possible, but quite a complicated plan, and full of uncertainty. This would require one heck of a wide-ranging, far-reaching, and long-lasting conspiracy to carry such a plan to completion. Not really a very realistic scenario, in my opinion.

  42. Plain Jane
    March 9, 2011 at 10:57 pm

    It’s happened in other places without it being any sort of conspiracy, Tra. Halfway houses are temporary and their services can be moved. The way gas prices are going, closer to town property is going to become more expensive and further away less so. I’m betting someone has plans to build an apartment complex on the property and guessing that HiFi has at least a piece of the action.

  43. Anonymous
    March 9, 2011 at 11:28 pm

    tra- I think that ‘Local Big Shot” is trying to point out what we in this historic neighborhood face. There are redevelopment funds available to sleazy builders willing to ruin a neighborhood or a whole town for the redevelopment funds that are available for them, the grant whore developers. History shows that neighborhoods have been purposely blighted to show the need for Urban Redevelopment”. Those developers of low income housing have repeatedly gotten redevelopment grants and government funding for low income housing. All this is supposedly for “affordable housing”. They also often hide behind the shield of ‘Green Building”. The City sets aside a certain part of town such as the west side and makes sure it is blighted so they can show a NEED to “improve the area. Then the developers such as Danco step in to save the day with there supposed NEEDED low income housing. There are no government funds for single family houses. So there are no single family houses built here. Over and over the west side has taken more an more low income housing even though the mandate has already been met. In towns across the nation whole sections of town have been demolished in the name of urban renewal and urban redevelopment. Who makes out on this? Redevelopment departments and builders of cheap shoddy low income apartment buildings. I think that Local Big Shot is trying to warn us about this monster that has ruined many neighborhoods and towns.

  44. Anonymous
    March 9, 2011 at 11:56 pm

    Plain Jane unfortunately half way houses won’t go away because they are owned by those ugly people that get redevelopment funds to buy them. Those once single family houses are turned into rehabs. Landlords/owners just collect the cash/ rent from the government funding for the so-called “DISABLED”. This is what the redevelopment funds are used for and the zoo. This is one of the things that has ruined our historic neighborhoods. It all stems from the backward locals thinking that their historic architecture has no worth. Remember these are the people that burned their cable cars to show how modern they were. These are the exact kind of cable car that made San Francisco famous.

  45. Local Big Shot
    March 10, 2011 at 7:25 am

    tra:

    “I guess your theory is that the neighborhood will be run down with all the low-income housing, driving out the middle-class residents, and THEN it will all be completely changed and gentrified? ”

    As usual tra your acumen shines through, reaching the truth only three paragraphs into your post.

    YES! We will buy the old school, and we will let it sit and rot for a few years until the underserving move to a moblie home in Fortuna (sorry Fortuna but our servants will have to live somewhere.)

    It will sit and rot empty like so many other buildings in Eureka. We have the tax code and the city government and the redevelopment agency on our side. It is more economical due to the tax code to let these buildings rot than to lower the rent a little and rent them out to new businesses or uses.

    Thank God we live in a great nation. I and people like me can make a profit from the deterioration of a building! From these profits of course I create jobs ! So there you go, proof that empty buildings create jobs.

    In this case the added benefit is that we will be able within a few years to buy up enough of the westside (cheap) to make it a real oasis for people like us. Shit we might even build a replica of the Ingomar on the school site for a little private club. That will create a shitload of jobs!

    The future is bright.

  46. Robin in the hood
    March 10, 2011 at 8:10 am

    Brady and Bass where there to pick up bid packets for Matthew Owen. Robin as been threatening to by it and level it, Robin said he’s “tired of all the the whining from the westsiders.”
    BTW Hifi was seen there.

  47. hazey
    March 10, 2011 at 8:25 am

    This is the same neighborhood that said NO to Eureka City schools when Adult Education was going to move into the Jefferson buildings. They they said NO to CR relocating there. Talk about looking a gift horse in the mouth.

  48. Local Big Shot
    March 10, 2011 at 8:35 am

    Just some quick back of the envelope figures:

    An entrepreneur like me could put down the 600k and buy this school, and then rent it out to WCIA!

    I figure since I need at least 10% profits for myself plus a few more percent profits to create jobs, cover expenses and pass through the property taxes, that maybe I could rent the property out for $8,500 a month. Tell you what I could offer a sweetheart deal for WCIA maybe only $8,250/mo with the proviso of course that WCIA bears the expense of maintenance and repairs, since its use will be heavy. The people on the westside will then come to appreciate the value of money, even if they won’t worship it like we do.

    All dependent of course on if I bought it.

    My lawyer said to add that the above is in no way an offer or a prospectus it is only a fictional post on a blog.

  49. skippy
    March 10, 2011 at 8:48 am

    Robin in the Hood is yanking your cage above. Yours truly suggests Ms. Brady and Ms. Bass are friends, providing moral support while enjoying one another’s company, and doing whatever newly minted political girlfriends might do for a wild night spent on the town at the Eureka City Schools Board meeting. I wouldn’t read anything too nefarious into their presence. They were quite open, friendly, and adorably engaged with each other and those around them.

    Times-Standard’s Allison White has her brief article in today’s paper, Jefferson School Put Out to Market
    that can be found here.

  50. High Finance
    March 10, 2011 at 8:56 am

    No I wasn’t there, not even in spirit. But I am glad to hear the board did the right thing.

    But Mr Local, you will go bankrupt if you buy it with those plans as you are forgetting the improvements that are needed. Nobody is going to rent it as is, the government won’t even allow it.

    $600k to buy it plus another $2.4 for the basic improvements to get it up to code and rentable.

    Let’s be generous and say you are able to get a 30 year 100% loan at 6%. The monthly payments will be about $18,000 per month. Add in insurance (no property taxes if you qualify as a non profit) and then routine ongoing maintenance.

    You will need to rent it out for at least $20,000 per month JUST TO BREAK EVEN. That works out to be around $1.25 per square foot when you can find nicer retail space around town for $1.

    A more realistic rental picture needed would be around $25-30,000 per month. You need to build up reserves for larger repairs like a new roof every 20 years, common space utilities, a janitor and yard people plus some profits. You have to build a reserve to allow for empty times between tenants, advertising and etc.

    If you, Mr Big Shot, buy it to rent out to the WCIA or anybody else you will have to pay another $2,500 per month in property taxes.

  51. High Finance
    March 10, 2011 at 8:59 am

    Obviously I meant another $2.4 MILLION needed for improvements and repairs.

    At $30,000 per month, that is closer to $2 per square foot per month. That is a ridiculous amount to expect tenants to pay in Humboldt County.

  52. Local Big Shot
    March 10, 2011 at 9:24 am

    Thank God Hi Fi that we live in the land of the free and people like me can afford to hire people like you to keep our ducks in a row.

    We get great ROI on the 100k or 200k we pay you every year. You save us millions with your sage counsel.

    Of course your more accurate math has proved the economic case for simply letting this building rot in situ. That way we will neither have to pay the cost of maintaining it or the cost of demolishing it. Win-win.

    Perhaps in a hundred years or so (or perhaps longer) the site will have reverted to a buildable site through natural processes. It could then be put on the market as an “organic” site. Again win-win.

    Or perhaps it could be named as an historic “Educational Ghost Town” and draw tourists from all over the world. You know kind of in rememberance for the days when we thought educating the young was important? Of course that would require some minimul staffing as the zoo does but the city can pay for that.

    You just have to think outside the box.

    Again thanks for your service HF.

  53. High Finance
    March 10, 2011 at 9:31 am

    I am glad to have saved you again.

  54. Economics 101
    March 10, 2011 at 9:43 am

    High Finance says:
    March 8, 2011 at 12:06 pm
    …You could NOT be further from the truth. Our progressive income tax system does NOT “concentrate the wealth at the top”, it does the exact OPPOSITE.¨

    Let´s face it Low Class Finance, you have completely discredited yourself to have even an elementary school level of understaning of economics. Any person who thinks wealth is concentrated at the botom (the opposite of the top) needs to shut down their computer, get on the ¨short¨ bus, and first learn the difference between ¨top¨ and ¨bottom¨, ¨40¨ and ¨30¨, and the powers of observation. i.e. ¨Is wealth really concentrated at the opposite of the top of society?¨

  55. Trembling In Our Boots
    March 10, 2011 at 9:49 am

    High Finance says:
    March 9, 2011 at 9:37 am
    ¨If the school board gives this group a special deal I will personally help get them all recalled.¨

    You don´t even know your top from your bottom. Butt I´ll help you, your head is inside of the latter.

  56. Plain Jane
    March 10, 2011 at 9:55 am

    With “financiers” like HiFi, is any one surprised they tanked the global economy?

  57. Warren Buffett’s Thoughts
    March 10, 2011 at 10:18 am

    Work hard, dozens of CEO´s are counting on you.

    ¨Warren Buffett’s Thoughts on CEO Compensation

    Warren Buffett appeared this morning on CNBC and a question was posed to him about why nobody had been arrested at large financial institutions that were at the center of the financial crisis (reference ‘Inside Job’ director’s, Charles Furguson, comments at the Oscars). While Buffett did not respond directly about sending certain executives to prison, he did mention that CEOs should not be leaving ailing companies with such large paychecks. I agree, but it happens all the time.

    One such example might be Kenneth Lewis, former CEO of Bank of America, who left the company in 2009. During his exit announcement Lewis stated that, “The Merrill Lynch and Countrywide integrations are on track and returning value already.” So I guess Lewis thought that after guiding BofA through the financial crisis and completing the acquisitions of Merrill and Countrywide Financial that he deserved a $135 million payday (analysis by James F. Reda & Associates), which is what he got upon retiring. This excludes amounts he made during his run as CEO from 2001, which was estimated at over $140 million. (more)

    http://blogs.forbes.com/walterpavlo/2011/03/02/warren-buffetts-thoughts-on-ceo-compensation/

  58. High Finance
    March 10, 2011 at 10:49 am

    What a bunch of useless posts, “Econ” 9.43am, PJ 9.55am and “Trembling” 9.49am.

    Just more personal insults instead of addressing any issue. No discussion on why you disagree, no discussion on alternative numbers no nothing at all of value from you three.

    If you feel inadequate to adding anything of value why did you bother wasting everybody’s time ?

  59. Heidi
    March 10, 2011 at 12:42 pm

    lets.buy.jefferson@gmail.com

    What an incredible amount of support, potential investors, we are in the legal process of drawing up the terms of the Jefferson Community Co-Op. This way the community can actually buy, own and take responsibility for this project.

    And So Hum Community Parkers, lessons learned, we are heading your advise! Thanks!

  60. Not A Native
    March 10, 2011 at 12:57 pm

    The school board’s decision isn’t surprising but still its shortsighted. My guess is the property will be sold for housing development.

    Many developers can sit for years on a property like this, not worrying about carrying costs. Their only concern now might be future availbility of subsidies for low cost housing but thats not a big risk.

  61. Anonymous
    March 10, 2011 at 1:25 pm

    If some of the really good builders of quality single family homes were to buy it that would be a good thing. I can imagine beautiful Neo Victorian homes. But building more of those shitty apartment buildings would be over saturating the neighborhood. In the housing elements it mentions that when you have already met your mandate for low income you cannot pile more on and ruin a neighborhood. But this is Eureka so anything dirty and corrupt is bound to happen. Discrimination against a neighborhood could mean lots of litigation. Lots of evidence out there that the area has been discriminated against.

  62. Heidi
    March 10, 2011 at 1:44 pm

    This has gone way beyond the neighborhood. We have pledges from Washington State to Washington DC, A few from So Hum, one from Trinidad, Arcata, Fieldbrook, Bayside, Cutten and lots and lots from Eureka.

    It will be a watershed moment in the History and Future of Eureka when the community is able to and allowed to step forward, take responsibility and serve their needs, themselves and be succesful.

    There is nothing usual about this neighborhood project, this is new to Eureka. However,it is not new, in fact this is how communities build things in Europe and it is often how Amish come together to fulfill their community needs it’s why we have a killer grocery store in old town. Regardless, it is an effective model. Here is some information for those interested in understanding the model.
    http://www.community.coop/
    My only wish is that we did not have to continually operate under crisis.
    Come on guys, April 6th Jeeze.
    That alone defines bidders.

  63. taxed
    March 10, 2011 at 2:08 pm

    No more of those low rent white trash shitty apartments-please. All you builders of shit buildings go someplace else.

  64. location location location
    March 10, 2011 at 2:48 pm

    Problem with building nice houses there is the neighborhood is too run down now to attract people who have the ability to pay for a nice new house. Subsidized townhouses or duplexes might attract single parent families, people on disability, and those living solely on social security.

    There is some gentrification going on, but its mostly absentee owners hoping for a big return by squeezing out the poorest current residents hoping to attract young people with professional jobs and urban tastes. Not many of those around now or maybe ever.

    Problem is, unlike dense urban areas where commuting and access to civic amenities are factors, theres no strong motivation for someone to pay the same or more to live in West Eureka rather than, say Cutten.

    The lack of reason to live there is why the area deteriorated. Old houses became less desirable in the 60’s because of high maintenance costs for an unstylish house. People became newly affluent and coveted ‘stepping-up’ to suburban isolation from industrial sounds and smells and older and poorer neighbors. The economic bust of the 80’s created a plentiful supply of underclass tenants. Prices declined to where renting became profitable and small time ambitious get-rich-with-real-estate-rentals vultures swoooped in.

  65. Plain Jane
    March 10, 2011 at 2:59 pm

    The creation of suburbs was subsidized by cheap gas. As gas gets ever more expensive, home values will decrease with every mile away from where most people work. Already suburbs have the highest foreclosure rate.

  66. Anonymous
    March 10, 2011 at 3:03 pm

    Suburbs are so passe. Many of us that are from other places want the good architecture and being within walking to the Old Town and Waterfront. We would not dream of living in Cutten. Sorry to tell you this but Cutten is just like every other common suburb with lackluster uninspiring buildings that people actually choose to live in. New high quality single family homes close to the water would be sought after by a more sophisticated, well traveled and urban type. Look at what Portland is doing. They are actually building new single family houses in the victorian style. It is a great success.

  67. Anonymous
    March 10, 2011 at 3:09 pm

    Oh yeah-forgot to tell you that these victorian style single family homes are actually being built in the neighborhoods that are in transition – Portland’s former rundown neighborhoods. Once considered to be the bad art of town. Come on Eureka do something the right way for a change. You might even end up with a town that you can say it’s prosperous.

  68. Anonymous
    March 10, 2011 at 3:46 pm

    Meant to say bad PART of town.

  69. Anonymous
    March 10, 2011 at 4:19 pm

    No Kidding, check out mount tabor someday, (SE Portland) now that is an eclectic affordable community based revitalization effort, young families students and everything you need right there. grocery store, bbq joint, sabala (un real little night club I saw CLUTCH there OMG), independent record store, art gallery clothing boutiques new and used, beautiful victorians and worker housing maintained, eclectic, not expensive renovations, just people working hard with what they have to build a real vibrant desirable place to live. I’m an old school HC girl, and I could live there, easily.

  70. Anonymous
    March 10, 2011 at 4:26 pm

    Imagine that, Mt Tabor, Park Designation and
    neighborhood restoration

    Mount Tabor Neighborhood Association
    dig their purpose statement

    http://www.mttaborpdx.org/NewDocs/Mt-Tabor-bylaws-_as_of_4-2005.pdf

    Another reason to support the Westside Community Improvement Association, THE MODEL WORKS!!!!!

  71. Anonymous
    March 10, 2011 at 5:39 pm

    Eureka is not so much behind the redwood curtain but out of touch with what is happening anyplace outside it’s city limits. Towns and citys around the country have shunned the suburbs in favor of moving close to city centers. They are restoring houses and building victorian style houses not low income apartments out the wazoo. Other towns are improving once blighted areas and people are moving back to the citys. Portland Oregon is a good example. They do not bulldoze their historic architecture. They don’t turn their historic houses into low income tenements. Portland is vibrant and a good example of how to do things right. They build condos in their downtown and restore their residential neighborhoods.

  72. High Finance
    March 10, 2011 at 5:46 pm

    People move to the suburbs because they want open spaces and some privacy from their neighbors.

    They don’t want to be crammed into boxes, thousands of them per block.

  73. Anonymous
    March 10, 2011 at 6:04 pm

    Look at how successful San Francisco is. A big part of their success is the victorian architecture. Like San Francisco we are on a Bay and have the beautiful victorian architecture. Eureka burned their cable cars. Stupid move. We have shops, grocery stores, cleaners, health food stores,restaurants and more all on the bay. Just like SF. This town so much to offer it just needs some new people here that are sophisticated and not the beer drinking plaid couch set living in Cutten. Needs to be some more advertising about Eureka so people will know we are here. Quit rolling out the red carpet for homeless and welfare recipients, Eureka has been doing this for way too long. May be that the homes will be bought from the slimelords and be turned back into houses with families once again.

  74. High as @#!$%'n Fi
    March 10, 2011 at 6:12 pm

    thanks to Heidi and the rest of the WCIA both for their perseverance and their positive spirit and attitude.

    It is a shame that the “nattering nabobs of negativity” such as hifi can only sit back and throw mud balls at the excellent efforts of this definitively grassroot group working hard for the betterment of the community even in the face of the blatant corruption of the new Eureka city council and their brown nosing of local power elites.

    I guess the sweetest payback for those residents will be their successful completion of their goals with a little seasoning to the dish in the form of the sputtering bluster of hi fi and his ilk.

    the fact that this is a good project is evident if for no other reason than the fact that the community is putting it together and forging a little community spirit and pride. All the more obvious benefits of the planned offerings are just gravy.

    now after all the food metaphors– it’s grubbin’ time.

  75. PLUTO
    March 10, 2011 at 7:07 pm

    The school would make great condominiums. I can see artists buying them for live work residences. Any one that likes an open floor plan would be interested. Great light in all the former classrooms. With a surrounding park. The neighborhood does not need more shitty apartment buildings!!!!! Slum builders get lost. Single family homes would be good too. Grant W H O R E apartment builders go straight to hell.

  76. Getting Real
    March 10, 2011 at 8:32 pm

    I can’t believe anyone would even try to compare San Francisco to Eureka as urban destinations and places where people want to live. Thats not just dumb and stupid, its ignorant. Just the 10 year increase in San Francisco’s population is greater than the entire Eureka population. Eureka is what it is, and its no S.F.

    Sounds like its coming from a greedy person who owns a bunch of Eureka houses and is desperatly trying to make them more expensive. Last thing Eureka needs is gentrification that puts even more local people into a housing crisis.

  77. Anonymous
    March 10, 2011 at 8:55 pm

    Getting real is to have lived in SF and then you will know that there many similarities, just a smaller town. We even have a symphony. You are the stupid and ignorant one Getting Real.

  78. Anonymous
    March 10, 2011 at 9:22 pm

    Getting Real is the type of person that does not want to see Eureka succeed. He wants the good ole boys to pass the historic residences back and forth to each other so they can corner the market on being slumlords. All they want is to squeeze every penny out of the the historic architecture while the houses fall apart and the neighborhoods decline. You low rent piece of shit, why don’t you get a brain.

  79. Getting Real
    March 10, 2011 at 9:27 pm

    Ooh “we even have a symphony”? Thats like comparing a ferrari and a miata, claiming they’re sportscars in the same league
    You’re so ignorant and stupid you don’t know the difference between a full time profesional symphony orchestra that records and goes on tours and an ensemble of amateur part time local musicicians playing for fun and glory.

    You’re dumber than a box of rocks. No, at least a box of rocks know where they are, you sure don’t. You’re just pathetic, trying to inflate the price of those Eureka houses you must have bought cheap and now want to go sky high. Well most Eurekans don’t like real esrtate speculators and don’t want to be like San Francisco instead of what it is, a blue collar working lumber and fishing town.

  80. Anonymous
    March 10, 2011 at 9:55 pm

    Sorry “Getting Real”, most of the people in Eureka work for neither the lumber or fishing industry. We’re not black smith’s or cobblers either. I think you live in a different century when being boisterous and calling people stupid was considered a strong argument.
    By the way, I like our local symphony and I’ve heard some of the best. And you know what, even our local captains of industry (as limited as they are) come out and hear the symphony. So, I’m not sure who you think you represent, but it’s not Eureka. By the way, I grew up here, but I also had the good sense to see much of the world. Sounds like you don’t get too far south of Fortuna.

  81. Anonymous
    March 10, 2011 at 10:02 pm

    “People move to the suburbs because they want open spaces and some privacy from their neighbors.”

    Really HiFi? What “bleepin” suburbs are you talking about? Look around at the subdivisions in Cutten or any other suburb. They’re right next to each other. Open space? Every last inch (except for maybe a golf course) is covered with sidewalks, streets, and houses. I grew up in suburbs and I now live in the middle of Eureka. I don’t see much difference in privacy and open space. However, I do like walking to shopping in Henderson Center and downtown. Also, I know my neighbors a lot better because they don’t hide in their houses like the scared rats in the ‘burbs. They actually get out and walk around.

  82. March 10, 2011 at 10:07 pm

    Correction getting real,that is what it was.Both industries have long been dead in Eureka

  83. Eureka Pride
    March 10, 2011 at 10:35 pm

    Up with Eureka, up with the Westside! It was intentionally blighted by wanker good ol’ boys (David Tyson, President and CEO; Tina Christensen, VP). They live in Cutten and could give a rat’s ass about the poor folks who like in the core of their vibrant city. Oh yeah, put that gal who owns Sequoia Personel on the list too, I forgot her name, but she’s a real piece of work. If they ever make a Wizard of Oz remake, she’s a shoo-in for the Wicked Witch of the West.

    Up with the people who have the courage and pride to rehab their historic homes in the core of a historic town. Up with Eureka! Cutten Sucks!

  84. High Finance
    March 11, 2011 at 7:39 am

    10.02 obviously has never been to a real city.

    Try leaving Humboldt County & visiting San Francisco and see if you can tell the difference between there and Cutten.

  85. Anonymous
    March 11, 2011 at 9:25 am

    HiFi
    You are WRONG (again). I grew up in the suburbs of a “real city” and I didn’t see it as having more privacy (perhaps less noise).
    However, the conversation is about the west side of EUREKA and Cutten was brought up as a suburb. YOU made a boneheaded comment that these “suburbs” offer privacy and open spaces. My comment is that there is not much of a difference other than suburban people tend to keep more to themselves.
    I know it is difficult, but do try to stay on topic. No one mentioned a comparison for a “real city”. Just for the record I’ve lived in 4 major cities and two suburbs of those cities in my life. Did you ever leave home?

  86. Getting Real
    March 11, 2011 at 10:08 am

    Anon, go back to your boosters club and hawk your lies somewhere else. Whatever you prefer has nothing to with what the people of large urban areas prefer. There are large difference in culture, ambience, ethos, vitality, and opportunity between Eureka and S.F. Yeah, they’re both on the Pacific and have a harbor, just like Crescent City. You going to compare Eureka to Carmel too? You’re just trying to pump up the value of your Westside real estate while you live comfy and isolated in the burbs. What youre really trying to do is make housing less affordable for the most needy people already here in Eureka. Sounds to me, youre a small time real estate speculator who could only get into the lowest price segment of the market and is counting on gentrification to make sleazy bucks. You hope wealthy people will buy here at your dream inflated prices. Well, the people here now and those wealthy far off buyers arent as dumb or greedy as you are. You’re the poster child for how to become a slumlord.

  87. High Finance
    March 11, 2011 at 10:12 am

    9.25am, you may have been limiting YOUR conversation to only the city of Eureka & Cutten.

    I was talking about suburbs & cities in general.

    I did not know this was your blog or that you were the conversation police. But even in your limited conversation, Cutten is still less crowded & has more privacy than in areas closer to downtown Eureka.

  88. taxed
    March 12, 2011 at 5:45 pm

    What is wrong with neighborhoods wanting to be the best they can be. At least the historic neighborhoods of Eureka have something to work with. We have first class architecture all you have in Cutten is plywood and sheetrock structures that should be demolished because they are visual atrocities. I have lived many places also and Eureka has all the amenities of a larger city like San Francisco. Maybe the one difference is that there are not as many backwater bozos like you. Hi Fi and Get Real you should get out of town more.

  89. Down the Road
    March 13, 2011 at 2:26 pm

    High Fi give up, your outclassed. You obviously are
    very limited.

  90. High Finance
    March 13, 2011 at 4:58 pm

    That’s one possibility.

    Can you think of another ?

  91. Getting Real
    March 13, 2011 at 5:12 pm

    taxed wrote: “..Eureka has all the amenities of a larger city like San Francisco”

    Thats the most hilarious thing I’ve read for a long time, thanks for the laugh. Satisfied Eurekans see a lot of amenity differences between here and S.F. and are mainly pleased with that because it results in much lower house prices.

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