Interesting, hope the city and people of Nevada can all come together and they rebuild better than before.
Plans are in the works to save community landmark | City of Nevada, Iowa
BREAKING NEWS … The Nevada Starbuck’s Drive-In will rebuild!cityofnevadaiowa.org
It appears the city is going to foot the bill for clean-up, and they will solicit donations to rebuild.
In Memoriam: Ames Business/Restaurants
- Thread starter Farnsworth
- Start date
I mean in theory you just need to raise 20% or whatever it will take to get a bank to sign off...
But a business that wasn't making it before can't magically take on a mortgage payment that would be thousands of dollars per month. The first thing that needs to happen for it to become fully viable is be open year round. The town has capacity if you can create the experience that gets people to come back instead of going to Ames.
That was my thought initially. But if the linked article is correct, they were profitable. Had just paid off the loan from purchasing the business and were in the process of starting necessary repairs on the structure. I have hesitations about the use of public money for clean-up, but it seems like they might be making enough to justify the rebuild.
I believe the city is getting stuck with the clean up bill regardless and they have an interest in getting it done as quickly as possible so people don't enter an area they've already determined is hazardous. I'm guessing the LLC only owns the building that now has zero value so suing the LLC to pay for cleanup is worthless. The operating company probably has no value now because the equipment it owned was likely worth little before fire and now certainly is worthless. The owner had no ability to fund anything to make it so the building was insurable or they very likely would have.
Now what I wonder is if the mayor and city admin can make those calls without the council. In theory I guess if the money is already allocated in the budget they can probably spend as they please.
The city administrator would be talking to the mayor and council to make sure that both are ok with the use of public funds for a clean up like this. Since the money is already in the budget for projects like this, it would sail through a council vote one would think. The money is already allocated, and it makes good PR for the council and city, plus it's a safety hazard to the community, this is a no brainer decision.
Idk exactly what happened but a city cannot just give public money to rebuild a business.
Salary is not worth the headache.I don't want that kind of responsibility.
Easy job. There’s never been any controversy in Nevada.I don't want that kind of responsibility.
The city is tearing it down.
The ask is to the community to donate funds to rebuild.
Nevada is not giving them money, just cleaning up a site which would be considered a public safety hazard. They have the money in the budget for project around town to clean up, so why not use it for something like the building after a fire?
