December 7, 2015--A Day That Will Live In Infamy in Lakewood
Posted: Wed Dec 02, 2015 3:36 pm
The "deal" has been made by Summers, Madigan , Bullock, CCF, LHA and LHF to close the hospital in Lakewood forever.
But we can't see the details until next Monday Dec 7th--Pearl Harbor Day---at the Council Meeting--they will continue to hide as much of the details as they can from the public.
What is clear though is that the "deal" has far less than $50 million in benefits for Lakewood.
In exchange for the "deal" Lakewood will be asked to surrender:
1. Public money and property valued at $120 million.
2. The largest employer in Lakewood--$990,000 in income annual taxes.
3. $7 million per year in charity care for our underserved.
4. Over $ 1 million in rent.
5. $ 5 million in annual capital improvements to the Hospital through 2026--$55 million.
6. Valuable legal rights against CCF that could be worth more than $100 million at settlement.
7. Economic Activity estimated at over $250 million annually.
Additional results of the "deal" will be as follows:
1. Lakewood businesses will close,
2. jobs will be lost,
3. homes and business properties will be foreclosed,
4. property values will drop,
5. tax revenues will go down,
6. the elderly will suffer,
7. crime will rise,
8. the underserved will be even more underserved.
9. taxes will rise
10. schools will suffer
What could be worse than all of that?
1. CCF will be the sole provider of healthcare in Lakewood---they have already shown their lack of respect for Lakewood.
2. The people who have caused this calamity and pressed for this "deal" will be in control of $30 million of the $50 million of "benefits"
Lakewood's Pearl Harbor Day is Monday December 7, 2015
But we can't see the details until next Monday Dec 7th--Pearl Harbor Day---at the Council Meeting--they will continue to hide as much of the details as they can from the public.
What is clear though is that the "deal" has far less than $50 million in benefits for Lakewood.
In exchange for the "deal" Lakewood will be asked to surrender:
1. Public money and property valued at $120 million.
2. The largest employer in Lakewood--$990,000 in income annual taxes.
3. $7 million per year in charity care for our underserved.
4. Over $ 1 million in rent.
5. $ 5 million in annual capital improvements to the Hospital through 2026--$55 million.
6. Valuable legal rights against CCF that could be worth more than $100 million at settlement.
7. Economic Activity estimated at over $250 million annually.
Additional results of the "deal" will be as follows:
1. Lakewood businesses will close,
2. jobs will be lost,
3. homes and business properties will be foreclosed,
4. property values will drop,
5. tax revenues will go down,
6. the elderly will suffer,
7. crime will rise,
8. the underserved will be even more underserved.
9. taxes will rise
10. schools will suffer
What could be worse than all of that?
1. CCF will be the sole provider of healthcare in Lakewood---they have already shown their lack of respect for Lakewood.
2. The people who have caused this calamity and pressed for this "deal" will be in control of $30 million of the $50 million of "benefits"
Lakewood's Pearl Harbor Day is Monday December 7, 2015