SHOREWOOD VILLAGE OFFICIALS RESPOND TO QUESTIONS ABOUT FINANCING ON PROPOSED MANDEL PROJECT (WALGREENS & RESIDENTIAL DEVELOPMENT)
According to more than one news report, the proposed Mandel Project in Shorewood, will not be profitable as designed and presented.
It was also reported that Funding from Shorewood of up to $10 Million, is being requested.
There has been a lot of funding by Shorewood for various projects over the past few years, and to learn that a project that would not be profitable might be the recipient of Public Financing by Shorewood, certainly brings a number of questions to mind.
I wrote an e mail (copy following) to all the Village Board Trustees, the Trustee Elect, and the Village Board President.
I am very happy to report that President Guy Johnson, and Trustee Hanewall responded to my inquiry, in great detail. I thank them for their responses, and helping to keep the Public informed.
Copies of their responses are below --- and I hope that they can be a great starting point for a public discussion on this particular project, and Village Financing over all.
Hopefully many of you who read this blog will respond with your opinions, and possibly questions for Mr Johnson and Mr Hanewall, as well as the other Trustees.
The workings of the Shorewood CDA are a mystery to many of us in Shorewood, and hopefully this discourse will help to educate Shorewood’s residents, and give them the knowledge needed to interact with our Village Officials.
COPY OF CORRESPONDENCE TO VILLAGE BOARD
The Village of Bayside is embarking in a non-traditional way of enhancing pedestrian, bicycle, and vehicle safety. This program is one component of a multi-faceted approach to slow vehicular traffic on Village streets, enhance driver attentiveness, and ultimately create a safer place for pedestrian, bicycle, and vehicular traffic. With the "emotionally intelligent" signage contest, children and the public would create their own emotionally intelligent signage. Signs bearing slogans such as " We know your car is fast, slow down," and " You will stop for a duck, but you won't stop for a child" are just some of the unique ways communities have raised awareness and educated residents on pedestrian and vehicular safety.
Entry forms are available on the Village web site at www.bayside-wi.gov and are due by May 27 at 4:30 p.m. The program includes a competition, with children filling out the entry form and returning it to the Bayside Village Hall. After judges determine the winning entries, the signs will be created and installed. TAPCO, Inc., headquarters in Brown Deer, has agreed not only to transform the winning entries into traffic signage, but will also be donating the first three (3) signs.
Shorewood's Trustee Hanewall's defensive response to David Tatarowicz questions about non-profitable ventures did not seem to get to the real point of the overall question.
The Democratic Party and the committee to recall state Sen. Alberta Darling (R-River Hills) are confirming that state Rep. Sandy Pasch (D-Whitefish Bay) will challenge Darling in a possible recall election.
Gillian Morris, a spokeswoman for the party, confirmed that Pasch would run, as the Journal Sentinel reported in Thursday's paper.
“TID financing is to provide an incentive to private enterprise so that they will do something that will otherwise not be done. If not for TID financing the project would not move forward. Without the lower cost loans that TIF can offer, these projects would cost too much and the developer would not make money.”
Often I begin a blog on one subject, and suddenly I’ve traveled to an unexpected destination. In my blog for Artasia’s Jam4Japan fundraiser, at first I projected myself into the earthquake, then the tsunami, then the nuclear crisis, and finally I wondered who’d want to come out and dance after reading that.
I wonder how many Americans know the difference between budget and debt? I always have to keep it clear in my own mind when politicians are talking about these problems and when they are being reported.
It is too bad that in today's society that it is necessary to have a two-party system.
The proposed Mandel Project in the 4000 block of N Oakland in Shorewood has generated a lot of controversy.
This evening, after much deliberation, I bought a pair of Naot “Kayla” sandals to kick off the summer season. It's my second pair and perhaps the most comfortable shoes I own. Who cares that it’s 46 degrees and my toes are freezing. I'm breaking out my summer gear anyway because in one week, I’ll flip the calendar to June. Mother Nature will just have to catch up.
Every summer, I pick one or two special places to go. And every summer, the months whiz by and I go nowhere. This summer is going to be different. That’s because I’m creating a bucket list, plotting dates and taking full advantage of gifts like the one I get tomorrow.