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Post by specailneedsmom on Apr 12, 2008 7:48:23 GMT -6
Believe you me, this is a done deal and was constructed before Midwest pulled out officially. The church is smart to sell all this land. Why would they want to build a church on this land? They are not stupid. They have a ready buyer who is willing to buy the land with no further testing. I suspect they are laughing all the way to the bank and the check will be cashed in record time. I hope they make sure they make us sign an as iis clause. They obviously have good lawyers (and a higher power) on their side.
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Post by twhl on Apr 12, 2008 7:59:43 GMT -6
Believe you me, this is a done deal and was constructed before Midwest pulled out officially. The church is smart to sell all this land. Why would they want to build a church on this land? They are not stupid. They have a ready buyer who is willing to buy the land with no further testing. I suspect they are laughing all the way to the bank and the check will be cashed in record time. I hope they make sure they make us sign an as iis clause. They obviously have good lawyers (and a higher power) on their side. Isn't that how the SB works - sidebar deals, executive session, attempt to execute task.........then go back to 204 and ask for input and act like "we care". Maybe we can borrow their lawyer. BTW - Brach Brodie is already laughing to the bank, but they're not in any big hurry either. Maybe we can condemn the AME property if they don't cooperate. That worked out pretty well last time. Would really like to see those pages left out of the Phase II - thinking the AME land was mentioned a few times.....hmmmm. Good decision................
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Post by Arch on Apr 12, 2008 8:14:06 GMT -6
I make this prediction: If we buy this land, then the 3rd HS will *NEVER* get built and our money will be locked up in land we can not build on nor sell. The Administration will have KILLED any prospect for a 3rd HS forever after this F* up. This is utter stupidity to purchase this property. Oh, and of course it will be 9 people's fault too
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Post by JB on Apr 12, 2008 8:19:46 GMT -6
Some quick AM math, but using this AME number and the budget costs you can calculate that our original bid for the MWGEN land was $121.3K/acre. If we now have to buy 37.5 acres at AME's price of $245k/acre, our land costs at AME just went up about $4.6MM I found this on Potluck. If this is true is it the "will of God" or a great business transaction the nets the church a huge windfall. By A Gift For Arch on April 12, 2008 7:26 AM Last night the real estate transaction history was looked up for Eola site, and we found out that the AME church bought their 83 acres from Midwest Gen (yes, the same guys) in 2004. They also paid only $2.9 million for those 83 acres ($35,000 per acre). The district was offering AME about $12 million for 49 acres (that's $245,000 per acre). That's 7 times the price AME paid in 2004 in just 4 years - 700%! - for the same industrial type property that may be polluted as well. This brings into question the seven secret reports of environmental results. Were those reports perhaps from some of the AME property??? How reckless can our district be with our money! Somebody tell me this ain't so!!!! I am calling my lawyer
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Post by twhl on Apr 12, 2008 8:22:06 GMT -6
I make this prediction: If we buy this land, then the 3rd HS will *NEVER* get built and our money will be locked up in land we can not build on nor sell. The Administration will have KILLED any prospect for a 3rd HS forever after this F* up. This is utter stupidity to purchase this property. Oh, and of course it will be 9 people's fault too "9 entitled people"
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Post by twhl on Apr 12, 2008 8:24:45 GMT -6
Believe you me, this is a done deal and was constructed before Midwest pulled out officially. The church is smart to sell all this land. Why would they want to build a church on this land? They are not stupid. They have a ready buyer who is willing to buy the land with no further testing. I suspect they are laughing all the way to the bank and the check will be cashed in record time. I hope they make sure they make us sign an as iis clause. They obviously have good lawyers (and a higher power) on their side. Not according to M2: School board President Mark Metzger said Friday afternoon that he had not yet been presented with any offers from the church.
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Post by casey on Apr 12, 2008 8:32:14 GMT -6
Not according to M2: School board President Mark Metzger said Friday afternoon that he had not yet been presented with any offers from the church. You can't honestly believe any MM says can you ? I doubt the Good Reverend would be up there presenting his offer without having talked to the SB. I think it's pretty legit. I agree with Arch if this land deal goes through, we will NEVER have another 3rd HS. We'll own worthless land at Eola and expensive land at BB. We'll never be able to pass another referendum and we'll be in worse shape than our overcrowding now. This is just so wrong. I wonder if CV is still thinking we don't need the 3rd HS now? Back at AME, I bet she decides we need it.
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Post by d204mom on Apr 12, 2008 8:36:50 GMT -6
Now I understand...the school approached the church weeks ago, the church agreed, the district asked MWGen to back out of the deal and blame the NSFOC. This deal has been done for awhile. That is why the Brks/Brkdl petition was not presented at the meeting etc. There are really only one or two players running the show. Obviously Vickers is out of the loop but Daeschner and Metzger and who else? have been working on this now for a while.
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Post by rew on Apr 12, 2008 8:41:49 GMT -6
We won't own worthless land Casey, we'll own land that's worth $6M. And if we wait 20 yrs it will eventually catch up to the $20M price tag we paid for it
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Post by d204mom on Apr 12, 2008 8:43:50 GMT -6
Believe you me, this is a done deal and was constructed before Midwest pulled out officially. The church is smart to sell all this land. Why would they want to build a church on this land? They are not stupid. They have a ready buyer who is willing to buy the land with no further testing. I suspect they are laughing all the way to the bank and the check will be cashed in record time. I hope they make sure they make us sign an as iis clause. They obviously have good lawyers (and a higher power) on their side. Not according to M2: School board President Mark Metzger said Friday afternoon that he had not yet been presented with any offers from the church. Ouch! Ouch! My gut is aching from laughing so hard! Of course, WE presented THEM the offer. Or THEY presented the offer to Daeschner. Doesn't AME know that Daeschner is the ANTI King Midas?
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Post by blankcheck on Apr 12, 2008 8:44:08 GMT -6
We were wondering where the rest of the SB is on this issue as well. Clark, Tyle, Bradshaw & Glawe seem really quite. I believe CV and her thoughts on going back to square one.
Someone on this SB needs to stand up.
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Post by specailneedsmom on Apr 12, 2008 8:44:52 GMT -6
Arch, I'm clueless here. Why do you think the school won't be built if we buy the AME land. Because of NSFOC filing an injunction?
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Post by kimmie on Apr 12, 2008 8:45:40 GMT -6
What a rollercoaster of a ride, I can say I'm never surprise that something will happend. But wow this stuff could be on a soap on TV...
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Post by eb204 on Apr 12, 2008 8:47:49 GMT -6
What will the land cost? 84 acres at $200K/acre = $16.8M at $250K/acre = $21M at $300K/acre = $25.2M Hamman $14M Macom $18M Anything much above $200K/acre gets "fiscally irresponsible". I sure hope God is feeling generous. So then this puts land at over $500K/acre in that category, too? Or does that price move it to the category of "fiscally FREAKIN' irresponsible"?
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Post by d204mom on Apr 12, 2008 8:57:38 GMT -6
What will the land cost? 84 acres at $200K/acre = $16.8M at $250K/acre = $21M at $300K/acre = $25.2M Hamman $14M Macom $18M Anything much above $200K/acre gets "fiscally irresponsible". I sure hope God is feeling generous. So then this puts land at over $500K/acre in that category, too? Or does that price move it to the category of "fiscally FREAKIN' irresponsible"? I don't think proceeding with any property before the BB litigation is settled is fiscally responsible.
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