No. of Recommendations: 3
The bakery where DW gets her bread just closed, prompted more or less by our local government.

http://portlandtribune.com/lor/48-news/123138-bakerys-closin...

Bakery owner Alice Seeger says her business plans have been hampered by a city redevelopment initiative: the North Anchor project, a mixed-use development with a new public library, public parking and businesses. The city plans to redevelop the area — demolishing several buildings, including the one in which Upper Crust now sits. But it's unclear when that all will happen. A bond measure aiming to finance the library part of the project failed last week.

"That's the part that's the most troubling to me: the uncertainty it creates," Seeger said. "It creates an opportunity for the city to take advantage of small-business owners." Seeger contends that the ongoing uncertainty created a "cloud" over her lease, foiling her goal of selling Upper Crust around 2010.

Even before the library measure failed, it was unclear when the North Anchor project would proceed, Seeger said. Knowing the city could move ahead at any point in the next few years — likely requiring Upper Crust to move well before its lease expires in 2017 — has put Seeger in a tough spot, she said: Who could get a loan to buy her business without a stable, long-term lease? "To be honest with you it's not about the money; it's that they're clear they're going to enforce my obligations under the lease," Seeger said. "Their only real obligation under the lease is to guarantee I'll be there for five years, and they won't do that."
______________________

They put small businesses on their cornflakes.

--fleg
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