The Caravan Lounge has poured strong drinks on South Almaden Avenue in downtown San Jose for at least 45 years, but ever since current property owners Jan Chargin and Lynn M. Bohnen asked the Redevelopment Agency in 2007 to buy the building, rumors have run rampant about what would finally happen to the classic dive bar. The San Jose City Council was scheduled to vote today on whether the RDA should fork over $1,120,000 for the property, plus an extra $187,000 in “relocation” costs to current Caravan operator, George Rich.

However, the meeting adjourned 15 minutes ago with no mention of the Caravan.