If you ever wonder why Peoria is always broke, just take a look at how it has handled the Wonderful Development. It’s poised to give $37 million to EM Properties — $11 million of which will be used to buy a half-acre of buildings along Main Street. But that’s where the World Famous Big Al’s strip club is, so apparently we have to bend over backwards (pun intended) to find them a new place to locate.

The mayor and others constantly make a big deal out of the fact that “they didn’t choose to move; they were asked to move” — the implication being that they decided to move out of the goodness of their heart as a favor to the city. Call me cynical, but I think the $11 million might have had more to do with the decision than mere altruism. It’s one thing to be asked to move, and quite another to be paid handsomely to move.

Most people consider the eleven million taxpayer dollars to be sufficient incentive to move. But not the City. Not by a long shot. First, they changed the adult use ordinance, expanding Big Al’s “grandfather” status to the point that it can move absolutely anyplace it wants. One would think with $11 million, Big Al’s could find someplace in the City that complies with the adult use ordinance as it was, but the City felt this additional incentive was necessary.

But that wasn’t enough, either. Rather than giving Big Al’s the money and letting them find another home like the City did for the residents of Dechman when they were thrown out of their homes to make way for MidTown Plaza, the City took on itself the job of finding another location. The council and, presumably, city staff spent who knows how long looking at other potential sites on behalf of Big Al’s.

And they found one — a parking lot owned by the City of Peoria. One problem: it’s too close to a day care center. No problem! The city’s attorney invented a new definition of “property line” and read it into the code. Then they approved the site for the sale of liquor, despite having no site plan on file from the developer, which is required for any other applicant.

But last night was the coup de grace. After all this special treatment, the City did one last favor for Big Al’s. It sold this taxpayer-owned acre and a half of land at a bargain-basement price of $400,000.

Buy high, sell low. That’s the City’s approach to economic development.