Mayor Gives DMD and ERC Â Approval to Spends $907,200.00 To Purchase Property On North Main
Yesterday we were sent an e-mail with a link by a loyal friend and supporter of the City County Observer. This e-mail was extremely damaging to Mayor Winnecke’s public relations campaign to our citizenry that his Administration is all about transparency and sound business practices.
At first glance one would say “oh well†,,,,, just another Evansville Redevelopment Commission and DMD land deal. After analyzing the data on the link, it is very apparent that the Mayor has over-stepped his authority and good judgment in giving his approval to DMD Director Kelly Courses to purchase about $907,200 worth of property in the name of his politically controlled Evansville Redevelopment Commission?
A close review shows that some of the property on this list has been purchased  over reasonable appraised and assess value.  We also hear that the DMD Director and the politically controlled ERC are presently looking to purchase additional property on North Main.  We shall keep you informed soon as something happens.
It’s extremely obvious when the Mayor, his DMD Director and ECHO Director Stephanie TenBarge met behind close doors to discuss the North Main Street project, the Mayor once again took the ready aim and fire approach and quickly approved the spending of $907,200 of our tax dollars on the questionable NORTH MAIN project.  We also wonder why the 3rd Ward City Council member wasn’t invited to attend  the meeting? For that matter, no member of the City Council was invited to that meeting or any subsequent meeting. It’s important to point out that City Council HAS NEVER approved the $12 million dollar loan to fund the entire North Main project.
What if City Council decides not to borrow $12 million dollars for the North Main project because it will totally delete the North Main TIF funds? Also City Council is looking at funding a $20 million dollar loan to build the Downtown Convention Hotel and another $55 million dollars loan to build the downtown IU Medical School campus. We ask how much more can the taxpayers afford to spend on every “Pie in the Sky” or Pork Barrel” project the Mayor and his political buddies at DMD and ERC dream up?
If Council rejects the funding for the North Main project, Mayor Winnecke will have spent $907,200 and possess surplus property located in the less desirable part of town they can’t sell, lease or give away? We feel that some of this property was purchased at well above the assessed value.  Look at the old CVS Building and the old Integra Bank Building. Both were purchased for exceedingly high prices. We now hear that both buildings will NOT be torn down for parking, as was the very reason they were purchased. Why were they purchased and now, put up for lease and offered to not-for-profit groups for no cost? This makes no business sense at all. The bottom line is that this transaction not only wasn’t transparent, approved or presented properly in public, but also was a bad business decision made with our hard earned tax money! Attached below is a chart of the entire North Main Street land purchases for your review and discussion!  What do you think? Please take a drive down North Main and see for yourself the property the Mayor, DMD and the ERC purchased in the taxpayers name. Could this project be a “Fleecing” of our hard earned tax dollars or a Washington, DC style “Pork Barrel” project?
We wonder what Mayoral candidate Gail Riecken thinks about this project?
BREAKDOWN OF PROPERTY LOCATED ON NORTH MAINâ€
North Main Streetscape Enhancement Project
110-118 New Parking Spaces Provided
Primary Goal: To provide readily-accessible, intimate parking lots, evenly disbursed along the North Main corridor, replacing the street parking which is being surrendered to the Streetscape Project.
Method:
– Identify properties in each block which may be available.
– Laying out safe, easily-accessible small parking lots which maximize available space while minimizing cost.
– Focus on connectivity to existing retail, restaurant and office uses, while seeking to support possible new property users along Main Street.
Block By Block “First Look†Properties:
I. Illinois to Franklin – well served by the grocery store lot.
II. Franklin to Michigan – Heavy retail use currently. Plan of action is to support this block from north and south with lots in adjoining blocks. Hutch & Sons has its own, adequate parking lot.
III. Michigan to Virginia – 401/415 N. Main offers 164’ x 142.25’. This is large enough to swap land with the owners of a proposed new SUBWAY (see below), leaving a 62’ x 142.25’ lot for parking. 26-28 Spaces Provided.
IV. Virginia to Iowa – 506 N. Main is the former Knotty Pine Restaurant. SUBWAY was planning to build there, but will swap for 401 N. Main, leaving the City a 95’ x 126.5’ lot at 506 N. Main, and a 50’ x 127.5’ lot on Virginia to the west of 506 N. Main. 40-42 Spaces Provided.
V. Iowa to Delaware – 600/602/604 N. Main is owned by Apostolic World Christian Fellowship. They’ve agree to trade 70’ x 126.5’ lot on N. Main for the 100’ x 127.5’ lot just west of N. Main, 14 W. Iowa. This allows the City to control a parking lot on N. Main in this block, but in effect gives visitors TWO lots in this block to park on, as the church is accustomed to “shared use†of the property they own, and would certainly expect “shared use†of the City-owned lot on Sundays. 24-26 Spaces Provided.
VI. Delaware to Columbia – Heavy retail use currently. Plan of action is to support this block from north and south with lots in adjoining blocks.
VII. Columbia to Maryland – 800 N. Main. Gene & Charlotte Warren have agreed to sell this 277’ x 126.5’ property, which gives the City an opportunity to use this block as the connectivity center between N. Main retail and Garvin Park/Bosse Field. With a redesigned entry facing Main Street, the existing 10,554 SF building could be repurposed into a multi-use facility (bike rentals, non-profit offices, retail use, etc.). 20-22 Spaces Provided.
BREAKDOWN OF PROPERTY LOCATED ON NORTH MAINâ€
North Main Streetscape Enhancement Project
110-118 New Parking Spaces Provided
Primary Goal: To provide readily-accessible, intimate parking lots, evenly disbursed along the North Main corridor, replacing the street parking which is being surrendered to the Streetscape Project.
Method:
– Identify properties in each block which may be available.
– Laying out safe, easily-accessible small parking lots which maximize available space while minimizing cost.
– Focus on connectivity to existing retail, restaurant and office uses, while seeking to support possible new property users along Main Street.
Block By Block “First Look†Properties:
I. Illinois to Franklin – well served by the grocery store lot.
II. Franklin to Michigan – Heavy retail use currently. Plan of action is to support this block from north and south with lots in adjoining blocks. Hutch & Sons has its own, adequate parking lot.
III. Michigan to Virginia – 401/415 N. Main offers 164’ x 142.25’. This is large enough to swap land with the owners of a proposed new SUBWAY (see below), leaving a 62’ x 142.25’ lot for parking. 26-28 Spaces Provided.
IV. Virginia to Iowa – 506 N. Main is the former Knotty Pine Restaurant. SUBWAY was planning to build there, but will swap for 401 N. Main, leaving the City a 95’ x 126.5’ lot at 506 N. Main, and a 50’ x 127.5’ lot on Virginia to the west of 506 N. Main. 40-42 Spaces Provided.
V. Iowa to Delaware – 600/602/604 N. Main is owned by Apostolic World Christian Fellowship. They’ve agree to trade 70’ x 126.5’ lot on N. Main for the 100’ x 127.5’ lot just west of N. Main, 14 W. Iowa. This allows the City to control a parking lot on N. Main in this block, but in effect gives visitors TWO lots in this block to park on, as the church is accustomed to “shared use†of the property they own, and would certainly expect “shared use†of the City-owned lot on Sundays. 24-26 Spaces Provided.
VI. Delaware to Columbia – Heavy retail use currently. Plan of action is to support this block from north and south with lots in adjoining blocks.
VII. Columbia to Maryland – 800 N. Main. Gene & Charlotte Warren have agreed to sell this 277’ x 126.5’ property, which gives the City an opportunity to use this block as the connectivity center between N. Main retail and Garvin Park/Bosse Field. With a redesigned entry facing Main Street, the existing 10,554 SF building could be repurposed into a multi-use facility (bike rentals, non-profit offices, retail use, etc.). 20-22 Spaces Provided.
COMBINED PROPERTY PURCHASE SUMMARY REPORT
by J. Cory Mills, CCIM Senior Broker Woodward Commercial Realty, Inc.
