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Post by doctorwho on Jul 12, 2007 7:57:49 GMT -6
Once again, if that land was worth $550-750k then there is no way Macom would offer theirs for in the $300k range. wouldn't it be ironic if that 'quote/offer' helps in the BB case....  |
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Post by wvhsparent on Jul 12, 2007 7:59:31 GMT -6
I believe that one has frontage on two busy streets and zoned commercial. If I remember right, those comps only use one high density zoned area (Rt59 and Goudy , Naperville 328k/acre) 75th and Beebe is just east of the Costco (is that also part of BB trust?) I do not recall what is valued higher? residential or Commercial? |
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Post by harry on Jul 12, 2007 8:04:30 GMT -6
Once again, if that land was worth $550-750k then there is no way Macom would offer theirs for in the $300k range. wouldn't it be ironic if that 'quote/offer' helps in the BB case.... It won't Me thinks that Macom needed to sell for a variety of reasons (could the top one be cash flow??) and a quick sale to a SB in need of land could have solved those issues. |
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Post by bob on Jul 12, 2007 8:05:12 GMT -6
I believe that one has frontage on two busy streets and zoned commercial. If I remember right, those comps only use one high density zoned area (Rt59 and Goudy , Naperville 328k/acre) 75th and Beebe is just east of the Costco (is that also part of BB trust?) I do not recall what is valued higher? residential or Commercial? Your right. I believe it is Commercial. But the way I have been thinking today, I am doubting everything. ;D |
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Post by bob on Jul 12, 2007 8:13:09 GMT -6
It won't Me thinks that Macom needed to sell for a variety of reasons (could the top one be cash flow??) and a quick sale to a SB in need of land could have solved those issues. I thought cash flow too because of the housing market. I was down there the other week ( we were looking at the over 55 community) and notice that Wolf's Crossing hasn't been moved yet and there is now a huge ditch was dug into the Macom land. It runs right down the middle of the property. |
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Post by doctorwho on Jul 12, 2007 8:21:10 GMT -6
wouldn't it be ironic if that 'quote/offer' helps in the BB case.... It won't Me thinks that Macom needed to sell for a variety of reasons (could the top one be cash flow??) and a quick sale to a SB in need of land could have solved those issues. but what makes it less viable to use than a realtors 'opinion' which is a lot of what is listed in the article...? It was closer to an actual offer than someones opinion. As for motivation, you could be well right that it is cash flow ( don't know ) - but then the realtors have motivation also...so if all of that is throw out -- we're back to things like Lehigh station which is real and actual and time relevant. |
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Post by Arch on Jul 12, 2007 8:54:07 GMT -6
Saying the land is worth $200K/a does not make it so.
Saying it is worth 765K/a does not make it so.
This is just stirring the pot for no purpose other than to potentially poison a jury for Sep with misinformation now.
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Post by wvhsparent on Jul 12, 2007 9:27:47 GMT -6
Saying the land is worth $200K/a does not make it so. Saying it is worth 765K/a does not make it so. This is just stirring the pot for no purpose other than to potentially poison a jury for Sep with misinformation now. Not really. The jury pool will most likely be made up of people from other parts of the County, most of whom probably pay no attention to 204 events. |
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Post by doctorwho on Jul 12, 2007 9:44:24 GMT -6
Earth moving machine bids??? For land we don't own??? Further, Mark Metzger needs to put a sock in it. His flippant and arrogant statment 'we can afford it so it doesn't matter' shows fiscal irresponsibility and blatent disregard for our tax dollars. I wanted to confirm it first before I stated it, but why is there selective memory when it comes to all the statements made by David Holm during the rounds the SB members made to PTA meetings etc. there is not only a buffer built into the referendum, but some of that, along with potentially more is due to the investment gains we'd made during the delay and the availability of other funds (such as land-cash donation funds). This was stated at almost every meeting I attended. This was also posted on these baord numerous times during that period. If we made money on investment gains if I also remember correctly it could pay down the loans sooner also. The SD being run so well financially and rated highly helps the money that can be made, as well as ensuring the best interest rates etc. So maybe before we start name calling of the president of the SB that represents ALL of our children... we might want to have all the facts in hand. Newspaper quotes often shorten statements / quotes and then things can be misconstrued.... staying on top all of the facts helps decipher that. And as always, all one has to do is email a SB member if one has a question, this is not privleged information. |
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Post by wvhsparent on Jul 12, 2007 9:51:37 GMT -6
Then why don't they just pay BB the 600K they want and be done with it?
Cuz there would be a lynch mob formed and I would be in front with my pitchfork.
Any trust they gained (very little at this point) would be gone..... The 09 Ref would be in jeopardy as people would be really pissed......I could go on...but I think you get the idea....
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Post by Arch on Jul 12, 2007 9:54:31 GMT -6
Saying the land is worth $200K/a does not make it so. Saying it is worth 765K/a does not make it so. This is just stirring the pot for no purpose other than to potentially poison a jury for Sep with misinformation now. Not really. The jury pool will most likely be made up of people from other parts of the County, most of whom probably pay no attention to 204 events. Much the same way no one here pays attention to D203, Plainfield, Owesgo or EA events, etc. |
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Post by wvhsparent on Jul 12, 2007 9:57:40 GMT -6
How much attention do you give to Glenbard school dist? or Lisle, Downers Grove, Hinsdale, Itasca, Addison, etc......
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Post by wvhsparent on Jul 12, 2007 10:03:32 GMT -6
So maybe before we start name calling of the president of the SB that represents ALL of our children... we might want to have all the facts in hand. Newspaper quotes often shorten statements / quotes and then things can be misconstrued.... staying on top all of the facts helps decipher that. And as always, all one has to do is email a SB member if one has a question, this is not privleged information. Last time I had an exchange with him I was under the impression that anything over 400k/acre was too much.....apparently that has changed. I could email him, but I am not too sure he will reply to me anymore. Not on his fan list...... |
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Post by Arch on Jul 12, 2007 10:06:05 GMT -6
How much attention do you give to Glenbard school dist? or Lisle, Downers Grove, Hinsdale, Itasca, Addison, etc...... How much are they in the news publications around here? Very little. D204 is quite often, and sadly, mostly about the 3rd HS doom and gloom. |
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Post by doctorwho on Jul 12, 2007 10:12:17 GMT -6
So maybe before we start name calling of the president of the SB that represents ALL of our children... we might want to have all the facts in hand. Newspaper quotes often shorten statements / quotes and then things can be misconstrued.... staying on top all of the facts helps decipher that. And as always, all one has to do is email a SB member if one has a question, this is not privleged information. Last time I had an exchange with him I was under the impression that anything over 400k/acre was too much.....apparently that has changed. I could email him, but I am not too sure he will reply to me anymore. Not on his fan list...... I am guessing you would get a response, don't know unless you try.....not sure where the price point is exactly and really not my business to be privy to that exact info , but if funds are being added due to the delay, maybe or maybe not 400K has changed. I still do not believe we are anywhere near that threshhold regardless. |
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