CCF's Tom Gable Controllled "Extraordinary" Apraisal of Columbia Road For Sham Transaction
Posted: Fri Jan 08, 2016 7:06 pm
So LHA Chairman, Tom Gable ordered an appraisal with an EXTRAORDINARY ASSUMPTION the document says.
The intended use of the appraisal was to "assist the client in the sale of the property to the Cleveland Clinic."
The EXTRAORDINARY assumption helped the appraiser find a value that was 1/2 what the property was worth under normal circumstances without that assumption.
In other words, a CCF trustee who has signed CCF's Code of Conduct to be loyal only to CCF--(not LHA and not Lakewood)--that is Tom Gable controlled the engagement and decided what information he wanted to give the appraiser.
The appraiser went to the east side of Cuyahoga county to find "comparable" properties subject to the EXTRAORDINARY ASSUMPTION.
The appraisal references documents that the appraiser was not given, i.e. they were withheld by Gable.
Please note that the City of Lakewood did not order its own appraisal.
So when Mr. Gable got up in front of City Council on December 21, 2015 as said the Master Agreement was LHA's idea not CCF's, was he being truthful?
The intended use of the appraisal was to "assist the client in the sale of the property to the Cleveland Clinic."
The EXTRAORDINARY assumption helped the appraiser find a value that was 1/2 what the property was worth under normal circumstances without that assumption.
In other words, a CCF trustee who has signed CCF's Code of Conduct to be loyal only to CCF--(not LHA and not Lakewood)--that is Tom Gable controlled the engagement and decided what information he wanted to give the appraiser.
The appraiser went to the east side of Cuyahoga county to find "comparable" properties subject to the EXTRAORDINARY ASSUMPTION.
The appraisal references documents that the appraiser was not given, i.e. they were withheld by Gable.
Please note that the City of Lakewood did not order its own appraisal.
So when Mr. Gable got up in front of City Council on December 21, 2015 as said the Master Agreement was LHA's idea not CCF's, was he being truthful?