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EDITORIAL: Who Pays for the Financial Losses of the Evansville Thunderbolts?

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Who Pays for the Financial Losses of the Evansville Thunderbolts?

During last years budget hearing Vice President of Venueworks Scott Schoenike stood before Evansville City Council and made some statements that raised many eyebrows

Mr. Schoenike clearly stated before the City Council that “VenueWorks aims to break even” and went on to say that their primary interest is “to bring economic development to downtown Evansville”. First off, no for-profit company of any value “aims to break even” or exists to further the civic interest of a city.

Mr.Schoenike presentation to Council obscured the reason he was asked to speak in the first place. Mr. Schoenike was before the City Council to discuss the financial performance of the Evansville Thunderbolts semi-pro hockey team that had just finished its first year in the Ford Center. Nothing that he said addressed that question.

To understand what risk if any that VenueWorks of Evansville LLC may have with respect to the Thunderbolts, one must first examine addendum # 6 to the legal agreement between VenueWorks and the City of Evansville that was funneled through the Evansville Redevelopment Commission. This agreement deals with the operation of Thunderbolts in addendum #6 where it is clearly stated that: “VenuWorks shall be entitled to utilize facility (Ford Center) staff and resources reasonably necessary in connection with its operation of the SPHL Franchise”. During any such periods in which VenuWorks operates the SPHL Franchise, ALL OPERATING EXPENSES OF THE SPHL FRANCHISE SHALL BE DEEMED AN EXPENSE OF THE FACILITY (Ford Center) AND ALL OPERATING REVENUES OF THE SPHL FRANCHISE SHALL BE DEEMED A REVENUE OF THE FACILITY (Ford Center)”.

This contractual agreement seemly translates that taxpayers of Evansville will provide free labor to support the hockey team and all operating expenses associated with the team will be borne by the Ford Center. As revenue also accrues to the Ford Center, the reality is that when it comes to the Thunderbolts, VenuWorks of Evansville LLC is not at risk for financial performance. Having a goal to break even under such an agreement is exactly what a for-profit entity that is paid $390,000 per year for management services would benefit from. Under the terms of the addendum #6 to the original agreement, the taxpayers of Evansville are saddled with the losses associated with the SPHL franchise and VenuWorks is paid a fee for management services. This seemly looks like heads they win, and tails the taxpayers lose scenario.

One thing for sure is that someone lost at least $1,365,506 during the last three calendar years and is projected lose a similar amount this year. So the first question is just who lost that money and who paid for the losses. Nothing in Mr. Schoenike’s last year’s presentation to Council answers that question.

The other item that is conveniently ignored is the $127 Million debt taken on by the City of Evansville to build the Ford Center. Who is paying that and what is the source of funds. It is widely suspected that the Riverboat Fund that was supposed to support capital asset purchases is absorbing most of the $9 Million per year payments on the debt.

To his credit, last year Evansville City Councilman Justin Elpers tried to get to the bottom of who is responsible to pay for the financial loses of the Evansville Thunderbolts but became frustrated by either ignorance or intentional obscuring by Mr. Schoenike.

It is disappointing that the current Evansville City Council is either lacking the fortitude to do the financial diligence required to understand whether the Evansville Thunderbolts are a worthy investment of public money or another money pit like the facility they play in. The people of Evansville deserve to know how the Thunderbolts are performing economically and who is covering any losses, and whether or not there is any hope of ever having a financially successful hockey team.

Bottom line, it will take little time to get the necessary information about the Thunderbolts financial performance from either the VenuWork’s or the City Controllers records. If this current council fails to get to the bottom of this issue so that an informed decision about keeping professional hockey in River City can be made, current City Council member are not being “good stewards of the public trust.”

 

 

 

VANDERBURGH COUNTY FELONY CHARGES

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 Evansville, IN – Posted below are the felony cases to be filed by the Vanderburgh County Prosecutor’s Office today.

Jamie Lee Pate

Count 1 – Intimidation : 6F : Pending
  Count 2 – Resisting Law Enforcement: AM : Pending
  Count 3 – Battery Resulting in Bodily Injury: AM : Pending

 

Kelvin Simmons

  Count 1 – Carrying a Handgun Without a License: 5F : Pending

 

Laquisha Laverne Weatherall

  Count 1 – Battery Against a Public Safety Official: 6F : Pending
  Count 2 – Intimidation : 6F : Pending
  Count 3 – Resisting Law Enforcement: AM : Pending
  Count 4 – Resisting Law Enforcement: AM : Pending
  Count 5 – Criminal Mischief: BM : Pending

 

Dustin Dwayne Hargrove

Count 1 – Operating a Vehicle While Intoxicated: 6F : Pending
  Count 2 – Auto Theft: 6F : Pending
  Count 3 – Leaving the Scene of an Accident: BM : Pending

 

George James Robertson

Count 1 – Criminal Recklessness: 6F : Pending
  Count 2 – Carrying a Handgun Without a License: AM : Pending

 

Victor Carl Wells

Count 1 – Battery Against a Public Safety Official: 6F : Pending
  Count 2 – Resisting Law Enforcement: 6F : Pending
  Count 3 – Operating a Vehicle While Intoxicated Endangering a Person : AM : Pending
  Count 4 – Criminal Mischief: BM : Pending
  Count 5 – Reckless Driving: CM : Pending

 

Marcellus Darnell Washington

Count 1 – HC – Possession of Methamphetamine: 3F : Pending

 

Sonya Louise Gold

Count 1 – HC – Possession of Methamphetamine: 3F : Pending

 

Cameron Kyle Davis

  Count 1 – Domestic Battery: 6F : Pending
  Count 2 – Domestic Battery: 6F : Pending

 

Casey Shaun Clark

Count 1 – HC – Operating a Vehicle as a Habitual Traffic Violator: 6F : Pending

 

Dennis Johnson

Count 1 – Battery Against a Public Safety Official : 6F : Pending
  Count 2 – Intimidation : 6F : Pending

 

Jamie Orian Massie

  Count 1 – Theft: 6F : Pending
  Count 2 – Criminal Trespass: AM : Pending

 

Victoria Paige Hodge

Count 1 – Possession of Methamphetamine: 6F: Pending

Claudia Johanna Wimber

  Count 1 – Possession of Methamphetamine: 6F : Pending
  Count 2 – Possession of a Controlled Substance: AM : Pending

 

Sara Catherine Winsel

  Count 1 – Possession of Methamphetamine: 6F: Pending

 

Aron Joseph Jochim

Count 1 – Operating a Vehicle as a Habitual Traffic Violator: 6F : Pending

 

Christine Marie Welborn

Count 1 – Domestic Battery: 6F : Pending

 

Amanda R. Messex

Count 1 – Domestic Battery: 6F : Pending

 

Jesse Lee Adams

Count 1 – Criminal Confinement: 6F : Pending
  Count 2 – Domestic Battery: 6F : Pending
  Count 3 – Possession of Marijuana: BM : Pending

 

Dennis Ray Stroud

Count 1 – Domestic Battery: 5F : Pending

 

Joseph Shane Drury

Count 1 – Auto Theft: 6F: Pending
  Count 2 – Resisting Law Enforcement: 6F: Pending
  Count 3 – Operating a Motor Vehicle Without Ever Receiving a License: CM: Pending

 

Joseph Allen Brown

  Count 1 – Residential Entry : 6F : Pending
  Count 2 – Criminal Trespass: AM: Pending
  Count 3 – Criminal Mischief: BM: Pending

 

Paul Joseph Wininger

Count 1 – Criminal Confinement: 6F: Pending
  Count 2 – Domestic Battery: AM: Pending

Jamielee M. Scott

Count 1 – Possession of Methamphetamine: 6F: Pending
  Count 2 – Possession of a Controlled Substance: AM: Pending

 

Jacob Jose Rivera

Count 1 – Battery by Means of a Deadly Weapon: 5F: Pending
  Count 2 – Possession of Altered Firearm: 5F: Pending
  Count 3 – Carrying a Handgun Without a License: AM: Pending
  Count 4 – Battery Resulting in Bodily Injury: AM: Pending
  Count 5 – Possession of a Controlled Substance: AM: Pending

 

For further information on the cases listed above or any pending case, please contact 812-435-5150 or CityCountyObserver.com

 

EPD. continues to seek information into the 2020 homicide of Troy Dewayne Smith

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The Evansville Police Department continues to seek information into the 2020 homicide of Troy Dewayne Smith that occurred in the 500 block of S. New York Avenue in the Spring of 2020. The Troy Smith family is offering a cash reward of $5,000 for information that leads to the successful prosecution of the person or persons responsible for Troy Smith’s death. Those with information are encouraged to call the Evansville Police Department Investigations Unit at 812-436-4025.

*Information can also be reported anonymously via WeTip at 1-800-78-CRIME (1-800-782-7463).

Anyone with information concerning this incident is asked to call the Evansville Police Detective Office (812) 43

HEALTH DEPARTMENT UPDATES STATEWIDE COVID-19 CASE COUNTS

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City Council Meeting Agenda

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civic center

City Council Meeting MAY 24, 2021  AT B5:30 P.M. Meeting Agenda
 

I. INTRODUCTION

 

05-24-2021 Agenda Attachment:
II. APPROVAL OF MEETING MEMORANDUM

 

05-10-2021 Memo Attachment:
III. REPORTS AND COMMUNICATIONS

 

IV. SPECIAL ORDERS OF THE DAY

 

V. CONSENT AGENDA:  FIRST READING OF ORDINANCES AND RESOLUTIONS

 

A. ORDINANCE G-2021-08 An Ordinance Amending Chapter 10.60.050 (E-Scooter Rules and Regulations) of the Evansville Municipal Code Sponsor(s): Weaver Discussion Led By: ASD Chair Trockman Discussion Date: 6/14/2021 Notify: Josh Claybourn, Jackson Kelly
G-2021-08 Attachment:
VI. COMMITTEE REPORTS

 

VII. REGULAR AGENDA:  SECOND READING OF ORDINANCES AND RESOLUTIONS

 

A. ORDINANCE F-2021-07 An Ordinance of the Common Council of the City of Evansville Authorizing Transfers of Appropriations, Additional Appropriations and Repeal and Re-Appropriation of Funds for Various City Funds Sponsor(s): Heronemus Discussion Led By: Finance Chair Heronemus Discussion Date: 5/24/2021 Notify: Russ Lloyd, Jr., Controller
F-2021-07 Attachment:
B. ORDINANCE F-2021-08 An Ordinance of the Common Council of the City of Evansville Authorizing Repeal and Re-Appropriation of Funds Within Various Departments Sponsor(s): Heronemus Discussion Led By: Finance Chair Heronemus Discussion Date: 5/24/2021 Notify: Kelley Coures, DMD
F-2021-08 Attachment:
C. ORDINANCE R-2021-06 An Ordinance to Rezone Certain Real Estate in the City of Evansville, State of Indiana, More Commonly Known as 2700 E Morgan Ave Petitioner: Gilbert Sue Owner: Gilbert Sue Requested Change: C4 w/ UDC to C4 Ward: 5 Elpers Representative: Gibert Sue
R-2021-06 Attachment:
D. ORDINANCE R-2021-07 An Ordinance to Rezone Certain Real Estate in the City of Evansville, State of Indiana, More Commonly Known as 601 and 603 E Virginia St. Petitioner: Patrick Landry Owner: Habitat for Humanity of Evansville, Inc. Requested Change: C1 to R2 Ward: 3 Heronemus Representative: Patrick Landry, Habitat for Humaninty
R-2021-07 Attachment:
VIII. RESOLUTION DOCKET

 

A. RESOLUTION C-2021-07 A Resolution Recognizing the 52nd Anniversary of the Stonewall Riots and the June Celebration of Pride Month Sponsor(s): Burton, Moore and Heronemus Discussion Led By: President Beane Discussion Date: 5/24/2021 Notify: Josh Claybourn, Jackson Kelly
C-2021-07 Attachment:
IX. MISCELLANEOUS BUSINESS

 

A. THE NEXT MEETING of the Common Council will be Monday, June 14, 2021 at 5:30 p.m.
B. Evansville Regional Economic Partnership (E-REP), Andrea Lendy, Audrie Burkett, Tara Barney, and Greg Wathen
C. ADDITIONAL MISCELLANEOUS BUSINESS
X. COMMITTEE REPORTS

 

XI. ADJOURNMENT

 CenterPoint Energy’s Southwest Indiana 50MW Universal Solar Array Now Live

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Customers Now Receiving Solar Energy Through The Company’s Largest Universal Solar Project

 Evansville, Ind. – May 19, 2021 – As a component of the company’s long-term electric generation transition plan, CenterPoint Energy’s 50-megawatt (MW) universal solar array located in eastern Spencer County is now in service and providing energy to the company’s 145,000 electric customers in southwest Indiana.

The $95 million projects received regulatory approval in March 2019. CenterPoint Energy partnered with Burns & McDonnell on the engineering and construction of the project. One of the largest single-site solar arrays in Indiana, the project is located near Troy, Ind., on approximately 300 acres and consists of about 150,000 solar panels. Each panel is mounted on a single-axis tracking system, enabling the panels to automatically rotate to follow the sun and maximize energy generation.

“This 50 MW project – combined with our existing 4MW of solar and future plans for additional renewables – continues to demonstrate our commitment to developing a more balanced energy mix in how we generate electricity,” said Steve Greenley, Senior Vice President of Generation Development. “We appreciate the collaboration with Burns & McDonnell design and construction teams to bring this project to fruition.”

The Troy solar array, in addition to the two previously built 2-MW universal solar projects, now generates enough power to meet the needs of more than 12,000 households per year. When including Vectren’s 80 MW of wind power purchased through contracts with Benton County wind farms and its 3.2-MW landfill gas facility in Pike County, that amounts to enough renewable energy in CenterPoint Energy’s electric generation portfolio to power more than 35,000 homes, or nearly 25 percent of the company’s residential electric customers in Indiana. The project further supports CenterPoint Energy’s carbon reduction plan of lowering carbon emissions by 70% over 2005 levels by 2035.

The Troy solar project is part of CenterPoint Energy’s Smart Energy Future strategy, which includes electric generation fleet diversification by adding natural gas and renewables, grid modernization projects, and smart energy management tools for customers. For more information, visitwww.CenterPointEnergy.com/SmartEnergyFuture.

CenterPoint Energy delivers electricity to approximately 145,000 customers in southwest Indiana in all or portions of Gibson, Dubois, Pike, Posey, Spencer, Vanderburgh, and Warrick counties. Programs and services are operated under the brand CenterPoint Energy by Southern Indiana Gas and Electric Company d/b/a CenterPoint Energy Indiana South.

 Forward-Looking Statement:

This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release, the words “continue,” “could,” “estimate, “plan,” “potential,” “will” or other similar words are intended to identify forward-looking statements. These forward-looking statements are based upon assumptions of management that are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release regarding future events, such as those relating to electric generation transition plans, the generation performance and impact of the Troy solar array on customers and level of renewable energy generated, and carbon reduction plans and strategies, and any other statements that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release speaks only as of the date of this release. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) financial market conditions; (2) general economic conditions; (3) the timing and impact of future regulatory and legislative decisions; (4) effects of competition; (5) weather variations; (6) changes in business plans; and (7) other factors, risks and uncertainties discussed in CenterPoint Energy’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, CenterPoint Energy’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2021, and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.

 About CenterPoint Energy

As the only investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation, and natural gas distribution operations that serve more than 7 million metered customers in Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma, and Texas. As of March 31, 2021, the company owned approximately $36 billion in assets and also owned 53.7 percent of the common units representing limited partner interests in Enable Midstream Partners, LP, a publicly traded master limited partnership that owns, operates, and develops strategically located natural gas and crude oil infrastructure assets. With approximately 9,500 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, visit CenterPointEnergy.com.

 

Todd Rokita: Biden Administration Shouldn’t Impose Critical Race Theory Into American History Curriculum

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Attorney General Todd Rokita is leading a multistate coalition of 20 attorneys general in urging the Biden administration to reconsider educational proposals aimed at imposing the teaching of critical race theory (CRT), the 1619 Project, and other similar curriculum into America’s classrooms. Such goals are woven into a proposed new rule by the U.S. Department of Education establishing priorities for grants in American History and Civics Education programs.

“This proposed rule aims to co-opt America’s traditional U.S. history and civics curriculum by imposing the deeply flawed and radical teachings of critical race theory into the classroom,” Attorney General Rokita said. “I’m thankful for the leadership of my colleagues in joining us to call on the Biden administration to reverse course on this reckless federal imposition into our schools.”

In a letter to U.S. Secretary of Education Miguel Cardona, Attorney General Rokita urges the Department to review the directives for teaching “traditional American history” as prescribed in the Every Student Succeeds Act (ESSA) of 2015.

“Congress made clear that the purpose of the (ESSA) programs is to advance a traditional understanding of American history, civics, and government,” the letter states. “The proposed priorities would do little to advance that goal.”

The ESSA — championed by Attorney General Rokita when he served as the Chairman of the House Early Childhood, Elementary and Secondary Education Subcommittee — was described by the Wall Street Journal as the “largest devolution of federal control to the states in a quarter century.” The legislation gave authority back to parents, teachers, and local communities in deciding education policy.

“When I co-authored ESSA in Congress, the intent was to get away from Washington-driven one-size-fits-all education policies and teach traditional American history and civics,” Attorney General Rokita said. “We don’t need a new liberal indoctrination project that endorses factually deficient instruction and racial division.”

Attorney General Rokita served as a member of Congress from Indiana’s 4th congressional district from January 2011 until January 2018.

Attached is Attorney General Rokita’s letter. The letter is joined by the attorneys general of Alabama, Alaska, Arizona, Arkansas, Georgia, Idaho, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Montana, Nebraska, Ohio, Oklahoma, South Carolina, Texas, Utah, and West Virginia.