Follow the Money: Bonnie Finley = Developers

Developer funded and owned.

Developer funded and owned.

Longmont residents are fortunate that all city council candidates must report contributions at certain stages before Election Day. Some critical info came from the first reports candidates filed last week. We have eight candidates for three seats this election. Three candidates are incumbents. All have received the majority of their funding from the land development/real estate industry. A fourth new candidate has also received this same package of construction funding. We’re talking thousands of dollars…Four candidates have not received nor accepted this special interest money – these candidates are Joan Peck, Paul Rennix, Sarah Levison, and Ron Gallegos.

I’m speaking about publicly tonight because it’s important and the good people of Longmont need to know from where council candidates are getting their contributions. Very sadly, money in politics translates to influence. These developers, builders and realtors give candidates money because they want to have influence on their decisions regarding the future of our city. As constituents, we are curious about how beholden these candidates, if elected, might be to these special interests when making decisions regarding land use, development, affordable housing, the St. Vrain corridor etc.? One has to wonder what these special interests expect in return for their very large “donations”?

Do they hope it will assert influence in tonight’s discussion about Affordable Housing? For instance, the Construction Defects Law that Councilwoman Finley keeps bringing up. This state law helps to protect people whose homes and finances are hurt by poorly done construction. Like other professions, builders need to be held accountable for their work and homeowners should have some recourse when that work is poorly done. Ms. Finley’s repeated accusation regarding its negative impacts on new development ultimately aims to benefit developers at the expense of regular people. Her suspicions are unfounded and a waste of staff time to “investigate” as we can all see there is a building bonanza happening.

Similarly, we have the City’s old inclusionary zoning clause that the 2011 City Council nixed. This clause mandated developer’s make10% of new housing designated affordable housing or provide cash in lieu. Why hasn’t this council reinstated this? While Inclusionary zoning is not the whole solution, certainly it would help and be a step in the right direction—that direction being serving people & not just lining the pockets of the land development/real estate industry.

This council has been wringing your hands for far too long regarding affordable housing. People are hurting while the profiteers can’t count their money fast enough. Now we see big money being poured into certain candidates for city council. What are we to think? It certainly helps inform me, as I get ready to cast my votes for Ward 3, at large and Mayor.

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