A Very Costly Shell Game

PLEASE CLICK HERE TO READ ORDINANCE 50-09 

The discussion of Ordinance 50-09 reveals some interesting things:

South Euclid taxpayers have paid approximately $60,000 per year for the past 3 years on the original $1.8 million borrowed for the Greenvale 9. None of that money has gone to the principal.

Mayor Welo callously spoke that the foreclosure crisis didn't yeild the opportunity to acquire more real estate: “Everything changed. When this first happened the market was quite different. We had two developers looking at it. However, at the time we weren’t sure if we really wanted to turn it into housing. A lot of the residents liked the openness of it. We had hoped that we could maybe even get the rest of the homes. We thought maybe with the foreclosure process, you know, pick up a couple. But um, it just… You know the more and more you look at it, it might be our only last opportunity to enlarge one of our parks. And with Lowden School closing I’m sure someone’s going to be snatching that up. So I personally, you know my feeling is, and I said it last year is, I think maybe we need to have a discussion and see about making it parkland.”

<><><>INTERESTING FACT<><><>
Here's a link to the original legislation to purchase the Greenvale 9:

•  ORDINANCE: 81-06

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<><><>MUST SEE RELATED POST<><><>

•   Greenvale 9 Review

Oh What A Tangled Web We Weave…

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Please also see previous SEOversight posts:

• Taxation With Misrepresentation

• Not So Fast

What Criteria Determines “Best”?

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South Euclid-Lyndhurst Board of Education Candidates 2009

South Euclid-Lyndhurst Board of Education Candidates 2009

ELECTION 2009- Candiate Literature

• WARD 1:  RUTH GRAY <> (No literature available)
  
• WARD 2:  MOE ROMEO <>

• WARD 3: <>ANTHONY POLIZZI<>WRITE-IN CANDIDATE

• WARD 3:  ED ICOVE <>   

• WARD 4:  <>JANE GOODMAN<> AND <>DENNIS FIORELLI<>

• COUNCIL AT-LARGE:  <>JOE LIPTOW<> AND <>TONY CAROSCIO<>

Council at-Large 2 Man Race

Presented below are copies of campaign literature for:
 Joe Liptow and Tony Caroscio 
 2 candidates – 1 Council at-Large seat. 

You decide.

Please vote on November 3rd.

Runaway Train

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• time: 7 min. 53 sec.
  

Below are reader comments from the online version of the above Plain Dealer article:
 READER COMMENTS


Please see related SEO posts:

• South Euclid Municipal Realty Company?
  
• Odd Man Out Is Right
  
• Greenvale 9 Review
  

Ramming It Down Our Throats

On September 29, 2009, South Euclid City Council voted 6-1 to waive the competitive bidding requirements under the South Euclid codified ordinances for the remediation work to be performed at Cedar Center.

Peter Rubin, President of the Coral Company presented circumstances of urgency requiring the immediate need for the waiver of legal protocol. The valid story concerning Cedar Center is currently held hostage by all but one lone official. Councilman Robert Hartigan expressed disappointment in the lack of communication of facts regarding the legislation on which an educated and informed vote could be determined. It seems Mr. Hartigan is the only public official interested in getting the facts and weighing the consequences of the ongoing considerable real estate projects, both commercial and residential.

It is in no way beneficial to the people of South Euclid that either local paper, the Sun Messenger or the Plain Dealer, refuse to hold the feet of the players involved in this debacle to the fire.

It appears that the situation at Cedar Center has become a full blown quagmire.

How did this turn into an emergency situation?  There wasn’t sufficient time to plan ahead for this?

Ordinance: 47-09-  "Authorizing the Mayor to enter into a revised development agreement with Coral SECC, LLC..."  Why didn't the copies of legislation handouts given to the members of council and the public include "Exhibit A," which defines the details of the revised development agreement? 

On previous occasions, various sources and officials have made documented commentary indicating that the hold-up on the commencement of construction was due to the in-progress environmental abatement.  (please click on the links provided below to see the corresponding article)

• July 16, 2009: Sun Messenger- "Coral Co. President Peter Rubin told the Sun Messenger in mid June that 'the private financing is in place' for the project."

• July 30, 2009: Sun Messenger- "Environmental cleanup, for which the city received just over $1 million in county money, is now taking place."

• September 29, 2009: Video provided in this post- -Law Director, Michael Lograsso: "The sooner we can get this remediation work done the better. He can’t get financing, unless all this remediation work is done."  (Please see 9 min. 24 sec. video below.  The referenced comment appears at the 3 min. 9 sec. mark)

Which if any, of these representations of fact are correct?



Please click on the rectangular box in the upper right corner of the "Scribd" document presentation box below.  This will give you full-screen access to these documents. Then, use the "+"and "-" signs to regulate the text size:

 RESOLUTION: 45-09, ORDINANCE: 46-09 & ORDINANCE: 47-09

• time: 6 min. 58 sec.

• time: 9 min. 24 sec.

• time: 3 min. 38 sec.