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Friday, November 22, 2024 |
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Bank One Deal Smells |
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over the hill 
MUSA Citizen 
Joined: Oct 19 2012 Location: middletown Status: Offline Points: 952 |
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 Posted: Apr 09 2014 at 10:16am |
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Well as I understand a copy of the ordances pertaining to executive meetings and the sale of city property has been layed on Mr Landen desk I guess to save him time from having to look it up. I suppose he'll get the message.
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VietVet
MUSA Council 
Joined: May 15 2008 Status: Offline Points: 7008 |
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Posted: Apr 09 2014 at 10:47am |
Might not do any good..... It has been found that, over time, one problem with involving Law Director Landen in any interpretations is that ole' Les, doesn't quite interpret the law (ordinances) verbatim. There has been evidence in older subjects and posts on this site, that when it comes time for law decisions, Leslie doesn't quite follow the "letter of the law", but rather throws a bit of, let's say, "imagination" into the final decision so that the final outcome will reflect the flavor of the day as to accomodating the wants and needs of a few. It is a convenience offered by the law department for the friends of the city at no extra cost. He is a good servant for Team Gilleland with the added benefit of being the official city crooner. Does it get any better? 
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I'm so proud of my hometown and what it has become. Recall 'em all. Let's start over.
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Middletown29
MUSA Citizen
Joined: Mar 30 2011 Status: Offline Points: 474 |
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Posted: Apr 09 2014 at 12:18pm |
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Evidently the City Manager Gilliland received numerous offers to purchase the bank property. Her answer was always the same IT IS NOT FOR SALE.
Along same Chris Walden and Gilliland's tune changed. Why? |
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Miss Kitty
MUSA Immigrant 
Joined: Oct 29 2012 Status: Offline Points: 61 |
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Posted: Apr 09 2014 at 4:11pm |
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WHY? Because she does what she wants and the people in this community don't have the balls to do anything about it. That's why. Does any one really think Mr Walden has the money to buy this building? I don't know who would be a worse owner- Walden, Robinette, Moormans, that Murphy girl, they're all in bed together.
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Iron Man
MUSA Resident 
Joined: Sep 25 2013 Status: Offline Points: 112 |
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Posted: Apr 09 2014 at 5:46pm |
Thank you for saying what all of Middletown is thinking!  |
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over the hill
MUSA Citizen
Joined: Oct 19 2012 Location: middletown Status: Offline Points: 952 |
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Posted: Apr 09 2014 at 9:00pm |
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Wake up council get your head out of the sand (or any other part of your anatomy) can't you see Doug,Judy, and Les are not telling you things you need to know.Mr. Mayor you're probably the worst. Your little "golden girl" is not being truthful with you. Or does she tell you and you turn a deaf ear to the truth? Maybe we need to have you relieved of your duties. The two attorneys sitting on council just blindly go along with out questioning. I'm not sure they would be very affective in court if that's how they approach a case. JMO
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Vivian Moon
MUSA Council
Joined: May 16 2008 Location: Middletown, Ohi Status: Offline Points: 4187 |
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Posted: Apr 10 2014 at 6:30pm |
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I believe the Bank One Building should be sold
for $225,000 plus $46,000 in remodeling cost that were paid for by the city in
October 2013 for the Miami Research part of the building for a total sale price
of $271,000
The current annual revenues at Bank One Building are: Miami Research…………….…….$68,004 Middletown Historical Society….......$1,200 AAUW Lease…………………...…...$700 Total Annual Revenues..……..…...$ 69,904 The city also recently declared this building historic so federal tax credits will be made available for the restoration of the I believe the above information reflects the true value of this property. |
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Middletown29
MUSA Citizen
Joined: Mar 30 2011 Status: Offline Points: 474 |
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Posted: Apr 14 2014 at 7:01pm |
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Waldon defaulted on purchase of downtown real estate last month.
I understand thousands in bounced checks were involved. Did City know about bad checks when they struck deal with Waldon? |
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acclaro
Prominent MUSA Citizen 
Joined: Jul 01 2009 Status: Offline Points: 1878 |
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Posted: Apr 14 2014 at 8:32pm |
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Well.....the city prosecutor should, as it would have been investigated. Passing checks above 500.00 is a felony, and usually relying on lack of knowledge about an account balance is not sufficient.
City should expect any buyer to have $100,000 set aside for renovation or upkeep, and an escrow fund set aside as apart of deal associated with the deal if it is based upon other criteria than best bid. |
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'An appeaser is one who feeds a crocodile, hoping it will eat him last.' - Winston Churchill
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swohio75
MUSA Citizen
Joined: Jun 13 2008 Status: Offline Points: 820 |
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Posted: Apr 14 2014 at 9:54pm |
Just curious which property. Commercial/Residential? |
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Middletown29
MUSA Citizen
Joined: Mar 30 2011 Status: Offline Points: 474 |
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Posted: Apr 15 2014 at 7:31am |
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Commercial
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swohio75
MUSA Citizen
Joined: Jun 13 2008 Status: Offline Points: 820 |
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Posted: Apr 15 2014 at 8:38am |
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Is he part of MPH, LLC?
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Middletown29
MUSA Citizen
Joined: Mar 30 2011 Status: Offline Points: 474 |
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Posted: Apr 15 2014 at 9:14am |
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I do not know.
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spiderjohn
Prominent MUSA Citizen
Joined: Jul 01 2007 Location: United States Status: Offline Points: 2749 |
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Posted: Apr 15 2014 at 9:19am |
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this could be too cool...
none of my friends or me have ever owned a bank vault! |
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acclaro
Prominent MUSA Citizen
Joined: Jul 01 2009 Status: Offline Points: 1878 |
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Posted: Apr 15 2014 at 9:28am |
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A built in 'panic room', count my business partners in. Fast-tracking online LLC registration, and having corporate attorney call LL and request 30 days wait period, to submit a $200 + bid.
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'An appeaser is one who feeds a crocodile, hoping it will eat him last.' - Winston Churchill
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