Council Looks To Put Tax Money In Danger To Help Special Interests

Rialto has seen a boom in development this year with the opening of the new Super Walmart development on the south end and the Renaissance development in the north end of town. Each development has come with its own unique set of challenges to reach the point of completion.

The last few developments that have been handled by one developer have seemed to fall short of the promises made and this developer is a close friend and campaign contributor to Councilman Ed Scott.

Fernando Acosta is a business owner and developer who lives here in Rialto. He owns the Popeye’s fast food restaurant on Ayala and Baseline and has been the developer of the In-N-Out Burger restaurant pad and now the area of the Cracker Barrel.

The In-N-Out pad was one that still to this day has issues that the developer and city failed to address:

  • The Coffee Bean & Tea Leaf almost didn’t happen.
  • There was supposed to be a Miguel’s Jr.
  • Other retail uses were planned but never added.
  • Responsibility to clean the lot still resides with the city.

Now Mr. Acosta is the developer of the Cracker Barrel site and has hit a bump in the road and Mr. Acosta is looking for the city to bail him out!

As you can see staff is telling the city council that this is a bad idea and a bad position to be in. Mr. Acosta is more than a year out on completing pad 3, yet he wants the city to put our money in jeopardy. Staff points out multiple times that this is a bad idea and reminds the council that this is General Fund money and that the city has already assisted Mr. Acosta.

To add insult to injury the council directs the City Treasurer to broker a finance deal for Mr. Acosta between the city and Banner Bank. When was the last time the city ever bent over backwards for a resident or business owner in this city when it came to the financial dealing of a new house or business construction?

Councilman Ed Scott claims he doesn’t want to see the project delayed but empty stores still exist across the street in the Renaissance development and that hasn’t hindered anything? There are tons of empty buildings all over Rialto especially on Foothill – one of Rialto’s most heavily traveled routes. Where is the city council jumping to intervene in those situations? Maybe it is because there are no campaign contributions in it for them in those situations?

Another item that should cause great concern to Rialto residents is that Mr. Acosta stands to make a lot of money on this deal. So we’re going to put tax dollars and the city into a risky position so a developer can make a ton of cash? Does that smell to anyone else?

The truth of the matter is that Cracker Barrel is already well under construction and the other tenants are ready to begin construction soon. Mr. Acosta has done this before – promised tenants that never materialize. I looked at his presentation to city council as a bad pitch on Shark Tank. He spoke of offers to fill spaces but never produced any proof, it seemed clear he was pulling a favor from the campaign favor bank!

See video of the full tab below!

Video

3 Comments (+add yours?)

  1. Connor Rogers
    Nov 05, 2018 @ 08:31:53

    They say that in life you need to try everything. Are there things you will never try?

    Reply

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