Fairgrounds Auction Webcast
OK, folks, here we go. This is a photo from the Fairgrounds early this morning... passions continue to run high. Love the positioning of the "Do Not Pass" sign! Folks were lining up for seats before 9 a.m.
HERE'S THE LINK TO THE WEBCAST
Here's the link again for the Department of General Services webcast for the auction of the Orange County Fair and Events Center today at 10 a.m. - http://www.dgs.ca.gov/webcast.
NOT ENOUGH SPACE FOR OBSERVERS
As you probably know, the venue is tiny and almost certainly will not accommodate the bidders (first priority) and the authorized media (second priority), much less spectators. Even though another room will be available at The Fairgrounds with the webcast being shown, that also will probably prove to be inadequate. The Costa Mesa City Council Chambers, right across Fair Drive, will be open at at 9:45 to provide a webcast viewing venue, too.
RUNNING COMMENTARY, MAYBE...
Today we're going to try something a little different. If all goes well I'm going to try to provide you with a running commentary as the auction proceeds. No guarantees, but we'll give it our best shot. So, refresh your browser often as you check back here for my view on this situation.
One of the interesting elements of the published format for this auction is that bidders, media and observers will not know the identity of the individual bidders. Each eligible bidder will be assigned a number as they enter the room today. The remainder of the transaction will be conducted using those numbers.
AND NOW, LIVE (VIA WEBCAST) FROM THE ORANGE COUNTY FAIR AND EVENTS CENTER...
10:05 and counting... still only the Great Seal and some music available on the webcast feed. There was a picture of chairs and an open mic a couple minutes ago... made for some interesting overheard conversations..
OK, my browser let me down, but my stringers are omnipresent. Here's the scoop on the bids:
Orange County/Costa Mesa bid $6.5 million
Aerie (Don Julien) bid $17 million
TelPhil (the Marketplace) bid $1,000. too funny!
Facilities Management West bid $55 million
Anaheim Sports Holdings bid $20 million (may be the Samueli family?)
Craig Realty Group bid $42.5 million
Ford & Mollrich bid $2 million (may be the Fair Board foundation)
The auction will begin shortly and, if my browser lets me view it, I'll report back.
10:24... High bid - $56.5 million by Craig Realty Group. Bidding Closed.
Here's the link to the Craig Realty Group. It looks to me like they plan to put an outlet mall right across the street from our City Hall! Left a message for their President, Steve Craig... don't really expect to hear from him.