Tuesday, March 15, 2005

* Hint of Possible Influence: Part 3-The Snow Job Flier

A Dozen Plus Questions for the
Ides of March-Orange Flier Meeting

FLIER 1
Tonight, The United Church of Rogers Park at 1545 West Morse is hosting a community meeting on the widely distributed Orange Flier.

The meeting starts at 7pm, but usually... the Alderman runs late, this isn't mentioned on the flier.

Because most of these questions will go unanswered, I am posting them here for other's to ask if they choose.

These are sure fire questions that will keep the Alderman and DevCorp North quiet. Not to mention the info-mercial presenter. Print the sheet out and bring it along.

1.) Would the developer invest in this property if he couldn't get a zoning change? They already got a great deal on this property, It is currently zoned B 3-3. They should make a great profit on this property, as it is currently zoned.

Let the builder develop under those guidelines. That's what they bought, surely they knew it's current form of zoning? Anything else leads to the hint of possible influence.

2.) "Commercial" Real Estate means just that. With DevCorp North owning the property, no sales tax revenue is generated, they don't sell anything. No real estate tax is generated from not-for profit owned properties. No Special Service Area Tax is generated from a not-for-profit property owner. They are marked exempt. In fact they already take 50% of the Special Service area tax money collected for their administration fees to pay managers salaries, fringe benefits and fees.

3.) How much will DevCorp North pay for this commercial unit they plan to take over? Was this deal a fair market value buy? Were any other buyers who actually could generate sales by selling a product, a buyer who could generate real estate and special service area taxes, offered this property? A business that actually would give the street, foot traffic commerce ?

4.) Will the other future owners be able to say YES or NO to the SSA #24 tax? Will they be warned about this extra line item tax when marketing this property. Who will be the Real Estate Agent for this property?

5.) If DevCorp North needs more space they should move into their own property in the Gateway Mall on Howard Street? There is plenty of space available there.

6.) How was the deal negotiated, giving DevCorp North the only option buy this property and with what money is it being bought with? Most of their income is generated from our tax dollars, not membership dues. Who was the broker in the deal?

7.) Which person from the Alderman's office intervened in asking the owners of 6961 N. Greenview if they wanted to sell?

8.) Parking. Morse Avenue has a huge shortage of parking as it is, what are the arrangements for this development.

9.) Will Kevin O'Neil, Rich Aronson and any other 49th ward zoning committee members excuse themselves from voting on this issue who are on the DevCorp North board of directors?

10.) Who are ALL the principals in Morse and Greenview LLC?

11.) Would the developer invest in this property if he couldn't get a zoning change? It is currently zoned B 3-3. Let the builder develop under those guidelines. That's what they bought, surely they knew it's current form of zoning?

12.) Alderman Moore must investigate.... or if he won't/can't do it.... send in an independent investigator to find out why DevCorp North doesn't list the Gateway Mall property asset on the IRS forms they submit to the government? Or is DevCorp North above the law?

Anything else leads to the "hint of possible influence".

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