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Time for a change

February 9, 2013

To the editor: There comes a time when change is needed. There is a wonderful opportunity for the City of Cape Coral to make a possible change at the Cape Coral Yacht Club....

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(22)

Dennreid

Feb-15-13 5:05 PM

Do you really think that the highest rent possible is always the best deal? Is it also the best way to do business....it's not always about money it's about doing what's right also. Are we doing the right thing some say no some say yes. My father used to do business with a handshake, a smile, and a sense of belonging to his community. I know those days are gone and we are putting them in the rear as fast as we can, kinda wish they weren't.

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KirstenThompson

Feb-14-13 7:59 PM

As an FYI, the current 'going rate' for a restaurant lease in Cape Coral is $12 sf per year. Also, most commercial lease agreements do not include any build out so it is very common for businesses to sink 10's to 100's of thousands of dollars into a new lease.

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lightswitch

Feb-14-13 7:18 PM

So while we are looking for revenue let's investigate the cost of the wet slips for the boats there.

Lets look at the rental prices of the events, frequency, and see if we are fully booked with weddings, anniversaries, shows, etc. Let's see if we are not fully booked why we aren't and how we can better market it? One things for sure what it is where it is the parking is probably limited to expect huge increase in patrons.

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lightswitch

Feb-14-13 7:01 PM

Only I have nothing to gain or lose from this. But do I care if you or anyone else thinks I am a hypocrite, I really do not care. But I have made my opinions known and I will take this occasion to ask if the city had not purchased $25 million for equipment it can not even resell what could we be spending the money on now? Fire Trucks, Police cars, an integrated computer system (can't wait till the $10 million comes up again, residential roads. Why don't you expound on how the increased rent off a saltbox on a deck is going to solve the real revenue holes in the City of Cape Coral, Fl..

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lightswitch

Feb-14-13 6:46 PM

As far as turning the venue into another upscale dining and beverage venue. Why take the needed sales away from the restauranteurs at Rum Runners, The Westin Hotel, etc.? The best words on this subject which were honest and direct. "We (the city) don't know what the*****we want to do with the area." So that is the reason.

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lightswitch

Feb-14-13 6:35 PM

At first I was under the impression that the figure in the article was a give away rent. After it was pointed out at the council meeting the rent was $36,000 for the casual food and atmosphere, the number of seats available on that deck, the track record of the proprietor, the number of people that would sign the petition, the number of people who showed up at the meeting for the proprietor. The fact that the proprietor put $300,000 of their own money into it. I changed my feeling that it was too low. Personally I have used the services of the facility but not often enough. I probably will make it a point to more now. There probably is more value at the location of the yacht club but I think it may not serve to give everyone opportunity in the city a chance to use a free beach, fish off a free pier, enjoy a way to get away from their everyday lives if only for a short time. This is "City Parks & Recreation at its finest!

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onlythetruth

Feb-13-13 6:15 AM

OK, Switch, tell me why it is not prudent for the City to put out an RFP to determine the true value of the property in question. Aren't you the same individual who waxes poetic on the subject of how the City wastes money at every turn? You're proving to everyone that you are merely a hypocrite.

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lightswitch

Feb-11-13 6:12 PM

The rent misprinted the amount of the rent at KC's as $306 including sales tax.

At tonight's council meeting it is a figure of over $36,000 a year.

Tonight the Cape Coral Daily Breeze makes no correction to it's figure.

I TAKE BACK MY COMMENT and agree the city council should APPROVE the 3 year lease option!

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onlythetruth

Feb-11-13 7:59 AM

Do not make this about Rags, etc., because it is not. It is about our elected leaders getting the best deal they can on behalf of the entirety citizenry, not to react to the few who send emails. Our elected leaders are the stewards of our money, and as such should accept nothing less than the absolute highest rate willing to be paid by a potential vendor to lease the property in question. If it should turn out that the highest bid is submitted by the current owners of KC's, then so be it. But to simply keep renewing the lease without testing the waters is indefensible. I have heard the cries of fiscal responsibility from the dais for quite sometime, let see it put into practice in this case.

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Raydunavant

Feb-10-13 9:55 PM

This is the same Rag group (Sully and Lurch) that rails against piggy backing on other county's contracts.

Send it out for RFP...no more sweetheart deals.

Plus, they are big fund raisers

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Raydunavant

Feb-10-13 9:51 PM

Duo...same RAGs

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Duo008

Feb-10-13 7:33 PM

If I am incorrect about the fund raiser, then I apologize to Mr. Sullivan. Is their a connection between Anthony's on the Blvd. and the leaseholders of KC's?? Does anyone know??

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Eileyn

Feb-10-13 7:50 AM

1Sandy? What comment? If there was a post yesterday with my name on it it was probably pulled. I wasn't in town yesterday and not on a computer. I was with my team at an Operation Love Your Neighbor Event in Sarasota. I looked at the 2010 donations to the Mayor, etc, and I didn't see the current owner's name on it. That's the first thing I looked at, what is her last name, maybe I missed it? I just hope the right thing is done, and we have a fair is fair deal. My councilman said they had a lot of PROS for KCs come in as emails. If you feel strongly they need an RFP you need to write to council or attend the meeting tomorrow.

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onlythetruth

Feb-10-13 6:13 AM

KC's pays approximately $4.51 per square foot for their lease rate. Currently they are $2-3 per foot BELOW the lowest of rates currently available for comparable businesses. Plus, they are on the water, sell gas, and enjoy a retail segment in the form of a bait shop. If our government leaders truly want to do what is right for the CITIZENS then it should go out to RFP. That is the only way we will truly know what the location is worth. Here's a question to ponder, Why is KC's trying so desperately to keep an RFP from happening? Could it be they know just how ridiculously low their lease rate has been for lo these many years?

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Lookinup

Feb-09-13 3:10 PM

If you’re a resident and pay taxes in this city, then you have a vested interest in this property as a landlord. If a tenant falls behind in rent and cries foul about the lease they helped negotiate and agreed to follow, doesn’t that tell you something about the sincerity and integrity of the tenant to comply with the terms of this or any future contract? It’s time for the city to test the waters and select a new tenant.

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1sandy

Feb-09-13 12:49 PM

What happened to Eileyn's "Comment?"

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Raydunavant

Feb-09-13 12:16 PM

Duo,

Yes, and there were campaign signs at KC's.

Like I say, Rags helping Rags.

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Duo008

Feb-09-13 10:17 AM

Wow, finally a non biased opinion on how the KC lease should be handled. Well said and a smart approach. Let's all watch how our mayor approaches this. Didn't the current leaseholder hold a fundraiser for him at Anthony's last time around.

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1sandy

Feb-09-13 9:17 AM

You are absolutely right. Let's find out what the lease is truly worth. These are my tax dollars why shouldn't we find out. Eileyn for Mayor!!!

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rocco1

Feb-09-13 9:13 AM

I agree, Eileyn. Great letter!

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Callmecrazy

Feb-09-13 8:36 AM

I honestly don't believe that the "cash only" rule at the food counter has anything to do with the cost of accepting debit/credit cards.

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Raydunavant

Feb-09-13 6:32 AM

Right you are. This deal was a "Rags helping Rags" situation if there ever was one!

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