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By slodrive (registered) | Posted November 05, 2010 at 13:20:12
I hardly know the ins and outs of civic planning and budgeting, so this may sound absurd. Or, it could sound blatantly obvious and in progress.
I would work hard to shop current city lands -- brownfields specifically, around to specific industries/ organizations that met the criteria of what we deem as having innovative potential. Such as green energies. My guess is that there are ideas and innovative companies with significant potential, but are struggling to find a home-base and get off the ground.
I would all-but gift them the property, help with loans and/or government fund acquisition to make the property ready and offer minimal lease/ rental opportunities for a given period of time. The goal would be to foster a prosperous entity that provides an ROI/ employment. But, provides the safety net of an enhanced property if the entity happens to fail.
Not sure if that makes any sense, but the bases is selective subsidizing, I guess.
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