Penny wise and pound foolish.
When the city council inexplicably approved land sales last month contingent upon development approvals that conflicted with current zoning and the city’s long-held vision plan, councilmember Will Wilkins asked the buyer of the Victoria Crescent property, zoned for commercial but sold with the expressed intent to construct 60 single-family homes, if he had planned to sit on the property or build immediately.
“As soon as possible,” the developer responded, who had obviously guessed at the right answer in an attempt to please the questioning councilmember, an individual that would soon become his partner in a promised streamlined development approval process.
“Good,” Wilkins replied.
No one said a thing. Not even the obvious.
At this past Tuesday’s meeting, as the five councilmembers labored over the idea of a town hall meeting to engage residents over the long-term impacts that changes to the (as of yet unchanged) General Plan would have on a community — a community that only recently teetered on the edge of sanity as it witnessed a reckless council and renegade staff pillage and plunder, lie and defame — I asked Wilkins why he would support the immediate construction of single family homes (in this market).
In a seething response, Wilkins explained that the sale of the land for single family homes was greater than the sales price for retail uses on the property, and that the homes once built would generate property taxes in a greater amount than the undeveloped parcel, all of which would help the city’s budget right now.
This was his logic. This is our councilmember.
The city is amidst a foreclosure crisis. The Bayside community in particular is awash with underwater homes. There is absolutely no demand for new single family homes in this city that would not only further exacerbate the very problem with foreclosures (by adding more competition to the glut of real estate listings) and vacant properties, but tax city strained services even further (since an expanded retail tax base is the key to healing the structural deficit). There is no market study to suggest otherwise. Any property taxes collected will be offset by corresponding losses elsewhere in the city.
The councilman (and the council as a whole) simply looked at the individual property — Victoria Crescent — in a vacuum and made a foolish decision, absent of a city-wide perspective on build-out, absent of community input, and absent of common sense. The laws of supply and demand do not surrender for the convenience of a city with a budget shortfall.
Wilkins chose to gold plate his right arm at the expense of losing his left. And worse, it was fool’s gold.
The very last remark from Wilkins on the subject on Tuesday evening was in defense of a purported claim that there was an “ulterior motive” to his decision, an allegation that has never surfaced (in any way), and in turn, highlights the councilmember’s current unease with a community clamoring for transparency, accountability, and plainly better results that are at the very least reflective of the city’s values.
Wilkins wants none of that. He is a staffer’s councilman. We pay the taxes so he can play the game.