And the lies are spun

From the Journal Times  http://journaltimes.com/news/local/dickert-arena-proposal-would-bring-hundreds-of-jobs/article_8e143ead-e62d-5ca0-ba8a-250698a0a399.html  “…

While that’s been taking place, Mayor John Dickert has been working behind the scenes and in tandem with the county to make the project a reality.

“This is a community opportunity,” Dickert said. “This is not a city or county thing or anything else. This is all of us partnering together on an opportunity to create jobs.”

Those jobs are a vital benefit of the arena proposal, which was presented publicly for the first time to the County Board Tuesday. The $40 million events center would add more than 300 jobs as well as 450 construction jobs during the building process, according to Dickert. …”

Well now let just look at his track record on projects our fine Mayor has talked about

Team Porters   Number of Jobs 0  Site is now a field of grass

Delta Hawk Jobs promised 100 Jobs created ??  Business sold to another local company no report ever given that I am aware of, we were that if X jobs where not created the money given by the City of Racine would be “clawed back” no idea if that was ever stared nor occurred

Machinery Row a 60 Million project city loans given Grants received for the project

so far..

The loan not paid back talks to extend loan payments, from a review of city of Racine information on line not happening and from what I can find from the City and county of Racine the properties are behind on taxes! Yes Machinery Row is NOT paying taxes (gee I thought they would have to?). We are also told that work on the Brownfield issues are being done as I type this, however the most number of cars I have seen at this site is 3 so I can only think that no this is not happening.

From what I can see and read from pubic information is nothing is going on at the site and Machinery Row like Porters is well kinda dead

Of course we have the 800K “lost” loan from a building on Main st as you know from the Journal Times the paper work securing this loan kinda of sorta got lost not filed not done in the first place.

Damn Racine is good when it comes to doing/following up on  projects

Questions that should be ask include is the Brewhouse at Reef Point Marina paying rent yet?

How many “Boaters” outside the Zip code of Racine have come to Reef Point Marina? Is it covering its own costs?

How much money has Venue Works lost in running Festival Hall last report is 300K in the red. Gee how much money can they lose on this?

Our Mayor of course is saying what a great place a arena would be for the area you know the Jobs we have the folks coming to downtown Racine etc You know the lies we have been told for years and years but this time it will be different.

Of course it will be sure you know I got this great bridge for sale in New York

 

 

Are you ready Racine for what is coming?

Are you ready for what is coming? You know you want it after all you been fucked by :

Point Blue

Team Porters

Machinery Row ( Wait til you hear the new idea AND who will pay the bills)

From the Journal Times 8/21/16

“…

The Racine County Board on Tuesday will hear the results of a recent study centered on the possibility of constructing an arena in Racine.

Moreover, the agenda for Tuesday’s meeting mentions the possibility of a hotel in connection to the arena. On Friday, Racine County Executive Jonathan Delagrave declined to provide details about the hotel in advance of the meeting.  …”

As much as Racine County Executive Jonathan Delagrave declined to provide details (and why should he he only works for us but looks like he is controlled by Mayor John Dickert)

I will speculate:

1. The location is Downtown Racine thinking the old WE Energy site on Lake St
2. The hotel a long time goal of Mayor John Dickert and will include a convention center thinking this be the filled in 5th St Marina that the County can not sell nor has found any interest in. What better way to dispose of a White Elephant then sell it to the tax payers?
3. The Sports arena will include an indoor Ice rink something else a long time goal of the Downtown Racine crowd wants badly maybe something called for in the Root Works plan
4. The Ice rink we will be told would be used by An NHL farm team we will be told would be moved or started in Racine
5. That the convention center of course would be ran by the same company Venu Works that only loss 300K last year and has trouble filling the Festival Hall in Racine
6. the cost (about say 50 Million) would be split between The City of Racine County of Racine and forced loans I mean donations from the Racine Business community

That local Sport player (s) from Racine we will be told will buy naming rights, to honor another local sports hero.

That there are a few 100K in grants to kick the project off (and pay the developer?)

Of course the report will say  there is a HUGE need for a Sports Complex and Hotel/Convention center. We will be told that many from Chicago would come to Racine to see the Sports team Ice Skate then spend $$ in Downtown Racine, after all just go downtown and see all the cars from IL, and the line of cars coming to Racine on Hwy 11 to visit this Hell hole I mean great city.

Now how will Machinery Row impact this when new details on that project comes out?

Overall just know your not taxed enough and need to pay more to allow the pals of John Dickert to make money off you now be good and bend over because its coming

 

 

Machinery Row! Is dead dead dead or a new set of lies? With update!

From The Journal Times http://journaltimes.com/business/local/racine-committee-to-discuss-machinery-row-in-closed-session/article_bfaacc4e-3fe7-5dbc-8bfc-bb987ff9130a.html

“… The Racine Executive Committee will meet in closed session at 7 p.m. today to discuss Machinery Row, the proposed mixed-use, riverfront redevelopment along Water Street. No open session will follow…”

Why what might this be about?

Could it be the fact that the loan from the city of Racine to Rodney Blackwell for this project even after an extension has not been repaid AND I can find nothing about another being granted. Might is be about that? From the records I can find (like none) there is no proof he has paid the City of Racine anything and with no signed agreement between the city and Blackwell approved by the Aldermen will he ever?

Did the City here unlike on the Main Street fiasco file a lean on the properties? Did Blackwell sign a personal responsibly note on this loan or could he simply walk away or in his case drive away?

Might it be what one discovers when searching Tax records on the properties making up Machinery Row will that be discussed?

This reporter thinks that Blackwell can not do this project and will claim to be looking for partners to help him finish something maybe low income housing maybe an Arena perhaps a Casino God knows what.

All bets are off if we ever see dime one back from yet what is looking like another failed project under Mayor Dickert

Note

there was a meeting of the Executive committee  last night on Machinery Row with no action taken, two points No action needing to be reported in the meting minuets taken. Any information given was not shared with the reporter from the Journal Times nor any Alderman said anything.

My guess and after living under Mayor John Dickert if all was going well there would have been a press event.

So the question is when will we know how bad things are in Machinery Row how will the City explain this away?

Take this opportunity to check on the project as I would and the J-T should with the property and tax records.

A search on how well Rodney Blackwell is doing with his projects in Iowa might be useful too.

How do you lose 800K

From the Racine Journal Times 8/6/16  link http://journaltimes.com/news/local/mayor-aldermen-discuss-k-loan-in-closed-session/article_bb6b4cb7-a371-5659-81b3-0414b556c72a.html

… “RACINE — The City of Racine’s Executive Committee met in closed session Thursday evening, at least in part to discuss an $800,000 loan the city proposed writing off in June.

The Executive Committee includes Mayor John Dickert and five aldermen — Dennis Wiser, Q.A. Shakoor II, Melissa Lemke, Jeff Coe and Terry McCarthy. Dickert said Friday that the meeting was called to keep the aldermen informed on the latest with the loan, made to the now-defunct Main-Lake LLC, between 1993 and 1995 to fund housing at 419-425 Main St.

“It was really just advising the council as to what’s going on,” the mayor said. “A lot of council members have been asking about it so we just wanted to say this is where we’re at.”

State law allows city officials to meet in closed session to discuss strategy with legal counsel. Dickert couldn’t comment on the exact progress made on evaluating the loan. …

when last we read the City of Racine was going to write off the 800K loan made in the 1990’s for the building had been sold twice (if not three times) and if I understand right a lean was never placed on this building and as the story,

… “According to the June release, Elaine Ekes, the city’s consulting attorney, determined that the city would be unable to recoup the loan because the Main-Lake enterprise has dissolved. There was also no collection agreement with Main-Lake’s former parent company, The Alexander Company Inc., a Madison-based real estate developer, or any sort of mortgage taken out on the loan.

The Alexander Company’s president, Joe Alexander, said his company ceased involvement in Main-Lake in late 1997.”

Strong word on the street is that the City of Racine is going to sue to recover the loan.

Who would they sue? The current owner has a clean title, as my guess is the lat owner did, as we will find, all owners did, So then who will the City sue?

How do you not follow what must be SOP anytime  the city makes a loan THAT big?

Or maybe something else might explain what I can only call gross misconduct.

What do you think happened?

Begs the question what is going on with Machinery Row, after all  been three months and no word on what is going on with the loan the City gave on this. Why?