PDA

View Full Version : How to 'float' a Municipal Bond to Buy Pellini property?



Praksys
11-16-2011, 07:54 AM
Enliven downtown, attract eco/edu tourists and empower youth with useful skills for the future:
All it takes is a future revenue steam to pay for the bond:

Maybe we should provide scientists, engineers, tech leaders and art/science innovators funding incentives for running for political office. Phil Harriman, Robert Porter, Ned Kahn, Dale Dougherty, Bill Seidel, Dan Smith and many more local residents may have more gumption, practical ideas and solutions for local and regional issues than many of our elected officials. Certainly Sonoma County fares better than most when it comes to practical innovations; from the water agency’s solar advocacy to the county supervisors daring dive into chicken sh__ power. At least they are trying!

Too bad we can’t find a way to purchase the Pellini property and put it into the hands of the innovators mentioned above. A hands-on Insitu U. – A training and demonstration Exploratorium Maker Facility with dormitories and learning environment for youth from our own region and beyond. The ongoing projects could be on display for all to see right on the main corner and entrance to Sebastopol. A fun place to play, make and show! With a well thought out financial plan, it might be possible to issue a corporate or even municipal bond to purchase and build a facility that attracts visitors from outside the region. If a stable income stream can be developed over time it can then support a bond. Could an ‘Exploratorium North’ with a ‘Maker Place’ attract a growing revenue stream and enliven our economy?
Daniel Osmer, Realtor

Butterfly
11-16-2011, 08:27 PM
[ See Occupy Sebastopol, and, Occupy Sebastopol, see this thread ] On WACCO, recently suggested, it may be best to open a small business, rather than, or in addition to, a protest against big business, or, that's my understanding of what was said. And, we are actually on the same page, here. :thumbsup:

In my opinion, the Occupy movement goes to the "next level" when "we / they" purchase a property such as Pellini within which we build our shared vision, perhaps even using the General Assembly means of decision making, at least to start the project — in principle — then, turn it over to a working committee, or committees. There are no limits — a portion of Occupy can incorporate for the purpose(s) of doing such projects as you suggest in your "How To Float A Municipal Bond To Buy Pellini Property". Why not? The essence of what you write in your piece is actually being done throughout Occupy sites across the country, and, in the same manner, including your practical way(s) of using such a property. The kernel of this has already been demonstrated @ OWS with its kitchen, its library, its media and communications center, as example, for what we can as community actually do; solving problems we can solve and establishing a stable base for, and in the name of "Occupy".

This way, we go from the "tents" to a bit of "main street", almost literally. And we shine a light on it, as our larger platform, from which we call on and demand from "corporate America" and "official polity" that they listen and meet our demands, that they follow our example, building a new society, which, of course, will also need shifting the wealth of the 1% to the needs and use of the 99%! Even Warren Buffett has applauded this part of what I'm suggesting. Seriously. (For anyone who thinks I'm out there in left field, just read today's news that a grouping of millionaires approached the White House with their demand also that they themselves be taxed on their millions). As momentum builds through Occupy sites doing similarly, we become a force to be reckoned with and police forces and politicians who direct them find it ever more difficult, if not impossible to attack the "tents" which become a "piece of main street" in the manner I'm describing. And what corporate interest, political interest would violently attack "private property," aka Occupy America! And if they do, envision America's Main Street reaction to such an assault on basic Constitutional tenets. Grand vision? Revolution? Yes, and ... you astutely introduced simple practical steps for realizing what we might want to do. Might we do it? If not us, who? If not now, when?