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|Articles - October 2011|
|Thursday, September 22, 2011|
Page 9 of 15
Beyond the school
As vital as a new school is and as innovative as the green economy ideas are, they alone cannot resolve the challenges to Vernonia’s recovery: a commuter workforce, a critical shortage of light industrial and commercial land, a shrinking tax base, inadequate broadband access, costly water rates, a wastewater system that will cost $9 million to repair — issues that can be sure-fire business killers.
“The No. 1 issue was to get the school built for sheer survival’s sake,” says businessman Brad Curtis. “We’re all very proud. But you are really just buying time with the school.”
Recent political turmoil also has delayed traction on recovery efforts. Over the summer, voters recalled three of the five city councilors who had fired interim city administrator Bill Haack because he had helped with the investigation of police Sgt. Michael Kay, who eventually was let go for misconduct. Vernonia has had about seven city managers in eight years.
“The city has stopped,” says Randy Parrow, a city councilor and co-owner of the Sentry supermarket, the sole grocery in town. “We’ve spent six months fighting among ourselves instead of taking care of business,” says publisher Scott Laird. “There’s not a lot happening on economic recovery. People are just trying to keep their head above water.” (In early September, a reconstituted council rehired Haack as city administrator.)
Between the flood and the recession, about nine shops have closed in the small, sagging downtown, including a nursery, several restaurants, a bike rental shop and a hair salon. Dan Brown, the flood recovery manager, estimates that 10% to 20% of the homes slated for flood help are being lost to foreclosures, including eight homes in just three blocks on A Street. About 42 homes have been or are slated to be demolished.
“Vernonia has been through an awful lot and it shows,” says Sen. Betsy Johnson.
Lack of funding has stalled the Rose Avenue Project, a $3 million social service “hub” to house the nonprofit health clinic, senior center and food bank that were wiped out in the flood. Proposed along with the 25,000-square-foot hub is a biomass boiler that would use local biomass to heat the hub and provide energy for nearby buildings, a project that has received federal seed money.
Perhaps most critically, the city lost its core business land when new FEMA maps were redrawn after the flood; 177 acres of current school and business acreage will be rezoned to parkland. The future plan for those acres includes replacing Spencer Park, where the new school is sited, and one day building other amenities, such as biking, hiking and wildlife viewing areas.
This leaves no zoning that allows for a business park within the city limits. In the short term, the city hopes to rezone 12 acres of land above the new school for green industrial, which could take up to two years. The city is trying to find and acquire land for light industrial and commercial use, but expanding its growth boundary is an arduous chess game that could take many more years to complete. “Right now, if a business wanted to come in there’s no place for them,” says Sharon Bernal, a local realtor and chair of the economic development committee.
This deeply hurts the town’s ability to attract businesses, and keep what it has. Brad Curtis started Photo Solutions in 1989, a microlithography and glass-machining company with 10 employees. Curtis, who is also on the economic development committee, has lived in Vernonia for 22 years and wonders if he can hang on.
He must move his business out of the flood plain, but there is no light industrial site to build on, and no suitable place to lease. “So do we figure out a way to hang tight and stay here and forego growth,” he asks, “or do we move into Washington County? It’s hard to make a business case to stay in this town right now.”
Thursday, December 11, 2014
There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation. Here’s an excerpt:
The authors, Henry Timms and Jeremy Heimans, don’t necessarily favor one form of power over another but merely outline how power is transitioning, and how companies can take advantage of these changes to strengthen their positions in the marketplace.
Our Powerbook issue might be viewed as a case study in the new-power transition. This annual book of lists provides information on leading businesses, nonprofits and universities in the state. Most of the featured companies are entrenched power players now pursuing more flexible and less hierarchical approaches to doing business. Law firms, for example, are adopting new technologies and fee structures to make legal services more accessible and affordable.
This month we also take a look at a controversial new U.S. Securities and Exchange Commission rule requiring public companies to disclose the median pay of workers, as well as the ratio between CEO and median-worker pay.
Part of the 2010 Dodd-Frank financial reform law, the rule will compel public companies to be more open about employee compensation, with the assumption that greater transparency will improve corporate performance and, perhaps, help address one of the major challenges of our time: income inequality.
New power is not only about strategy and tactics, the Harvard Business Review authors say. “The ultimate questions are ethical. The big question is whether new power can genuinely serve the common good and confront society’s most intractable problems.”
That sounds like a call to arms. Or a New Year’s resolution. Old power or new, the goals are the same: to be a force for positive change in the world. Happy 2015!
Thursday, December 18, 2014
2014 was a year of wild contradictions, fast-paced growth and unexpected revelations.
Thursday, December 11, 2014
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
We ask business and nonprofit leaders how they survive the season.
Wednesday, October 22, 2014
BY JASON NORRIS
Historically, when the leaves fall, so do the markets. This year, earnings, Europe, energy and Ebola have in common? Beyond alliteration, they are four factors that the investors are pointing to for this year’s seasonal volatility.
Wednesday, October 22, 2014
BY JOE ROJAS-BURKE
The black soldier fly’s larvae are among the most ravenous and least picky eaters on earth.
Thursday, November 20, 2014
BY JASON NORRIS | OB CONTRIBUTOR
Each month for Oregon Business, we assess factors that are shaping current capital market activity—and what they mean to investors. Here we take a look at two major developments regarding possible rollbacks of the Affordable Care Act (ACA).
Wednesday, October 22, 2014
BY LINDA BAKER
Tamara Lundgren tackles the challenges—without getting trampled.
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