Money now or money later?

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So the La Puente City Council was expected to make a decision Thursday night on whether to go with the Charles Co. or Lowe's Enterprises for redevelopment of the former La Puente Lanes bowling alley site.

Looks like the interviews and meeting ran a little along -- past midnight I'm told -- so the council postponed making a decision until Monday. Mayor Louie Lujan called a special meeting for 6 p.m. in City Hall to resolve the issue. View the agenda here.

In the meantime, Lujan said the decision will basically come down to a "short-term economic solution, meaning big box that will bring in instant cash," or a mixed-used long-term solution that will likely decrease the chances of the big box stores shutting down and the project turning into another swap meet.

What would you do considering the economic crunch? Chose cash flow now or plan for the future?

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City Hall reporters tear pages out of their notepads for a look at what doesn't always make it in the paper.

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This page contains a single entry by Tania Chatila published on July 25, 2008 6:16 PM.

A tale of two amendments was the previous entry in this blog.

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