LOS ANGELES (CBS) — Organizers of the Sunset Junction street festival say this weekend’s planned event has officially been canceled.

“Seriously, we tried our best on raising the huge amount of money- thanks for all the support. Unfortunately we didn’t meet the expectations,” Sunsetjnctnfair tweeted Wednesday afternoon.

KNX 1070’s Pete Demetriou reports.

They had earlier claimed a donor stepped forward to pay the $142,000 needed to cover expected city services for the event.

The Los Angeles Board of Public Works rejected a special permit application for the event earlier this week.

The 3-1 vote was primarily fueled by an outstanding balance of $256,484 the city claims the organizers owe for services rendered for the 2010 festival, along with a failure to submit an upfront payment of $141,978 upfront for expected services for this week’s events.

Comments (12)
  1. tom says:

    this was fun, bummer
    “I shall enumerate some of the evils of paper money and conclude with offering means for preventing them.”
    http://www.RightsOfMan.org. Words from the man who first said the words “United States of America”tp

  2. Frank says:

    Well this just fu#ked the economy more!

    1. Sage Advice says:

      They still owe $250K (possible more) from last year, so actually, it’s SAVING the economy – who do you think foots the bill when the organizers of useless diversions like this don’t pay their bill? You, me, and our taxes.

      1. Astonished says:

        Besides, if they didn’t pay last yearl, what makes you think they would have paid this year?

        Actually, I’m surprised Mayor “v” didn’t step in and exempt this thing. After all, it’s in Silverlake and the City has all that money just lying around. . . . . . .

    2. tattoo emo posers suck says:

      Oh well too bad. I guess all the posers that moved in from out of state with their tight jeans and lame tattoos have to find somewhere else to dress up in their costumes and act fake. Oh by the way, that junction does not generate money for the city, rather, just the opposite. A vast majority of the vendors do not report all (if any) of their sales related to this event, hence, no taxable income. So basically all you have left is the city footing the bill for security, first aid, sanitation, trash collection, and traffic control to re-route the locals away from their homes.

  3. Jake says:

    They had earlier claimed a donor stepped forward to pay the $142,000 needed to cover expected city services for the event.

    So it wasn’t true?

  4. Dean says:

    They still owe $250K for last year. Pay your freaking bill from last year. Is this donor gonna to apply the $142K to the debt? I doubt it…

  5. mexilangeles Resident says:

    Greed on part of those organizers. Since the Sunset Junction Festival won’t go on, then they can take that 143k and apply it towards what they owe right?

    And whats up with all that money they made in 2010. I mean, there are discrepancies and possible errors in the fees that the city hit them with, but still, is this a money losing event, always in net loss or are there people getting rich off the Sunset Junction. Its not like every business along that are likes the Sunset Junction.

    The SJ was a non-hipster fest many years ago, when it started, I’d say upto maybe around the early 90’s. Then the influx of gentrifiers and hipster types swooped in and greed set it. Look at what they did to the Walking Man.

    Odd. Just odd.

  6. tony says:

    good riddance… they tried to charge me for entry, when they claim to the city, it was on “donations” only, so the city would waive the street permit fee…
    The IRS should investigate their finnances

  7. Ray says:

    Greed from the city, greed from the organizers, greed from greed.

    1. you are lame says:

      Silverlake and The Sunset Junction has become the joke of LA. All the lame wanna be hipster fake people have, once, again, ruined what used to be a fun community oriented event with their greed. No wonder a lot of the longtime locals in the area hate what their community has become. The audacity of the organizers to act like they are the victims is outrageous. They are simply greedy people that hide behind the name of donations and such to get their piece of the pie. I hope they choke on their $20 burger.

  8. Michael J. McDermott says:

    GOOD! I’m glad.

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