Re: One Lakewood Place
Posted: Tue Apr 24, 2018 5:02 pm
I can name those prospects in four notes, Pam ...Pam Wetula wrote:
Papapandreas said, “Our prospects are asking, when can we deliver?” Name those prospects.
Neighbors Celebrating Free Speech and Intellectual Diversity While Speaking Over The Digital Fence
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I can name those prospects in four notes, Pam ...Pam Wetula wrote:
Papapandreas said, “Our prospects are asking, when can we deliver?” Name those prospects.
It was pointed out by pjbennett in this thread that that amount is expected to be collected, but only a small portion will actually come to Lakewood - the county, the port authority, and other entities are entitled to a large chunk of it.It is estimated that the City will receive property and income taxes annually ranging from $1,434,790 to $2,275,081 from Carnegie’s mixed-use development. These estimates are based on information provided to the city in Carnegie’s RFP response, as well as the city’s understanding of the marketplace.
I vote for more meeting synopses from pj bennett. This is delicious laugh-out-load worthy, and truth to power. Bravo!pj bennett wrote:Oh, but the truths got slung at last night’s Special Meeting of Council. If they had been rotten tomatoes, nearly everyone would have been covered with a red, pulpy mess.
And, who slung the truths? Several speakers did the honors. Rather than trying to condense the many comments, it’s really best that you watch the recorded video. Once there’s a link, just get yourself a bowl of popcorn and enjoy the show.
The first 45 minutes of the meeting was spent on discussion of the Temporary Restraining Order.
The mayor stated that he is disappointed. He feels that "the court was misled". “…..that courts can be used appropriately or inappropriately (as in this case).”
Council-At-Large Meghan George asked, “Why do you feel the court was misled?
Later, she stated that she does not agree with his opinion.
The mayor almost looked mournful, when he said, “A big empty building is unattractive.” “It’s old. It’s empty.”
Ed Graham brought to council’s attention that the City of Beachwood has a lawsuit against George Papapandreas for failure to file employee’s income tax during the years of 2012, 2013 & 2014.
“Do your due diligence!” he shouted at council. To paraphrase Mr. Graham, he went on to say, that council should know with whom they are doing business. (Actually, he said a whole lot more, but it's better if you watch the video.)
Now, here’s one for you. “Don’t Go Wobbly,” warned Jay Carson to council. “Don’t Go Wobbly.” He said it twice.
I guess those words have special meaning to him.
Meanwhile, Tracey Nichols did some more speaking. Khouri of Carnegie never speaks. Well, I take it back. I heard him speak once.
As for One Lakewood Place, these prospective tenants that Papapandreas speaks of, have yet to be named. He has never even alluded as to the type of business these prospective tenants might be in.
Sylvester stated that Carnegie ‘is required to provide the city an operations and maintenance plan for the Public Plaza.”
Well, the Cleveland Clinic was required to keep Lakewood Hospital updated and maintained until 2026. We all know the outcome of that.
Council is to vote next Monday May 7th.
Clearly, in City documents (spreadsheets) that I have posted in other threads, such a statement is entirely unsupported by the City's own tax estimate projections. They come nowhere near those amounts.Bridget Conant wrote:As part of a legal brief filed with the Ohio Appeals Court opposing a request for a temporary restraining order, since granted, Bryce Sylvester submitted and affidavit with this claim:
It was pointed out by pjbennett in this thread that that amount is expected to be collected, but only a small portion will actually come to Lakewood - the county, the port authority, and other entities are entitled to a large chunk of it.It is estimated that the City will receive property and income taxes annually ranging from $1,434,790 to $2,275,081 from Carnegie’s mixed-use development. These estimates are based on information provided to the city in Carnegie’s RFP response, as well as the city’s understanding of the marketplace.
So is this the “misleading” the court that Summers talked about?