Dotson regarding the 10-year tax moratorium for the south side of Century...
Regarding the 10-year tax moratorium for the south side of Century, what "deal" was made that they could have that significant property in a way that left the rest of us dealing with broken-down roads, traffic not unlike the 405 freeway, and unsychronized traffic lights on intersections laden with red-light cameras that fire incorrectly? Just a few minutes ago you said that "the guy who really made the money was the builder. He made a deal with [the now-number one stores] to come here, because they [weren't] gonna come without a deal."
Here;s how Dotson explains all that money-making that has left the rest of us holding the bill:
Dotson: OK, they had to do that, to get 'em in here. You see, when nobody knows about you and your capabilities, you have to give a little to get a little.
"Now they all know; there's no reason to give up [any]thing—especially when Madison Square Garden get[s] going.
"I'll tell you what happened: When [the Forum] was [purchased], Hollywood Park Tomorrow was broke. They were going to have to just pull outta here and that development would have never been done.
"But when the contract was signed for MSG, they got $188 million of foreign investment for Hollywood Park."
Q: That's just for the casino, right?"
Dotson: "No, that was to start the development."
Q: "For the housing development?"
Dotson: "No, for the commercial development. The housing will come later. You see, you wanna make sure you have a chance to make sure you make money, and, housing, was so down, that they were afraid to put housing in right away."
So why are Inglewood residents left holding the property tax bill for the MSG-leased properties on West 102nd Street—as well as having been forced to give an $18 million loan to this "billion-dollar company," which your friend and campaign supporter James T. Butts calls them— while "the guy" makes off with all the profits?
Or is what "they all know" is that the Butts administration, enabled by a Dotson-led planning commission, will give them whatever they want for nothing, and pay them with residents' money for the privilege?