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IS IT TRUE March 10, 2014
IS IT TRUE that tonight is the night that the Evansville City Council according to several well placed sources will be starting the process of rescinding the $4.8 Million loan that they passed at the request of Mayor Winnecke and several of their own in 2012 to invest in Earthcare Energy LLC?…it was just last week that the first $200,000 loan to Earthcare that was made without notifying the City Council through a seldom used Loan Administration Board came due?…of course it was not about to be paid back, there is no tangible evidence of progress made by Earthcare that was discussed prior to the Loan Administration Board passing a two year extension of the loan under the same cheap terms as before?…if the City Administration wanted to write a check to Earthcare Energy LLC they could do so because the City Council failed to rescind this two years ago after Mayor Winnecke terminated the deal over patent and loan misrepresentation?…it is very important that the Evansville City Council take this $4.8 Million off the table by rescinding the loan approval tonight so no more taxpayer dollars are thrown at a folly?…the City County Observer formally requests that our readers who give a darn about the management of the City of Evansville call your Council Representative & Mayor Winnecke to let them know that rescinding has your support?…if you really feel strongly then please attend the City Council meeting tonight at the Civic Center and say your piece about rescinding the $4.8 Million and the extension of the $200,000 loan with no collateral, no progress, and no stomach for a shameful loan coming to light in an election year?
IS IT TRUE we are pleased to report that the USI Screaming Eagles men’s basketball team took to the Ford Center like a duck to water in winning the Great Lakes Valley Tournament over Bellarmine by a score of 86 – 73 in front of a home crowd of 3,425?…the run by the Eagle men saved the attendance at the tournament from the doldrums as the women’s teams had attendance that wasn’t even on par with high school teams drawing only 170 people to the semifinals and 407 to the championship game?…in the men’s games in which USI was not a participant the average attendance was only 340 people?…what was learned from this tournament is that if there is no hometown team playing that Evansville really has no fan base whatsoever for the game of basketball?…we also learned that even when the marquee men’s team is on a tear that the Ford Center is absolute overkill for the Great Lakes Valley tournament?…we also can take a lesson that the only tourism coming to town and spending the night in hotel rooms are likely to be the teams, coaches, and cheer squads as the USI fan base is LOCAL as the attendance figures proved?
IS IT TRUE for their on the court heroics the USI teams that travelled to the Ford Center on two busses were rewarded with a pair of parking tickets for parking near the Ford dealership across the street?…one sure fire way for the City of Evansville to send a message that the Ford Center is not a friendly place for daytime events is to give tickets to the spectator vehicles?…if someone doesn’t have some egg on their face over this little stunt then there is a mental disconnect on how to pretend to be a tourist destination?
IS IT TRUE that Mayor Winnecke is finally scheduled to have his GOLDEN SHOVEL MOMENT down at the lot where a hotel was promised to have been in 2008 if we only built an arena for the latest incarnation of a downtown convention hotel?…HCW of Branson, MO will be in attendance but has yet to announce that they have secured the financing for the deal?…if the financing is not secured by 21 days from today the contract lapses and will have to be extended or allowed to lapse?…extending contracts for financial troubles is getting to be a regular event with City of Evansville business these days?…we do hope this one goes through but do not think that a GOLDEN SHOVEL EVENT is on the closing check list for any bank’s loan committee to approve a loan?…quite the opposite, such a thing would be seen as a theatrical production and a photo op if the financing is not in place before mugging for the cameras?