IS IT TRUE that the City of Evansville has laid the only chips it has left on the table to try to retain the LST as a tourist attraction?…after spending more than a million bucks on a dock that sits in Kentucky waters for the LST the old real estate adage of “location, location, location” finally seems to have sunk in?…with all of the realtors and marketing types who hold elected office in Evansville one would have thought that the basics of real estate would be something they knew before dumping a million bucks into a location that has been challenged for success because of access and visibility issues?…what the City has offered the LST is first right of refusal to take over the Tropicana dock IF and it is a great big IF the State of Indiana ever approves gambling on land?…supposing that this happens, Tropicana would also have to build a new land based casino before any dock would be available for the LST?…even then there is the question of whether the scoop taken out of the river bank so the casino boat can actually float in Indiana will be adequate to moor and dock the LST?…strategic thinkers would bet that another million or so dollars would be needed to even get the current boat location ready for the LST?…this was a derivative of an offer is ever there was one with three conditions, none of which the City of Evansville has any control over as requirements before a move can take place?…then there is that 4th requirement known as the Army Corps of Engineers that exercises very tight control over the Ohio River?…it does not seem as though this IF-IF-IF-IF offer should have much value and even less probability of happening on any kind of timeline?
IS IT TRUE several Civic Center Moles tell us that the development agreement between the City of Evansville and HCW to build a downtown convention hotel may not have lapsed even though the drop dead date on the document is March 31, 2014?…it seems as though that date only mattered if the lot was confirmed to be “shovel ready” and all environmental mitigation had been completed?…the lot due to some “mooring” problems has not yet been established as ready for construction?…it will really look silly if after the attempts of the Mayor’s office to tar and feather Dunn Hospitality should the lot still not be “shovel ready” by the time that Hilton finishes their market study in several weeks?…we wonder who the finger of blame will be pointed at for the next delay?…this may also explain why HCW was slow to apply for a franchise?…not applying for a franchise to build on a lot that is not yet approved for construction is smart business?…lying about having applied to Evansville Living Magazine in December was not smart business?
IT IT TRUE the AT&T call center has announced that it will be adding 40 employees?…this news comes a week after the announced closing of the company formerly known as Creative Press that will put nearly 60 people out of work?…we are glad to hear about the 40 jobs at AT&T and hope they are quickly filled, but are concerned that this cycle of trading manufacturing jobs for call center jobs is not a good model to expand the tax base and increase the wealth of Evansville?…as Evansville sees itself as a “manufacturing” town there needs to be a blue ribbon committee to honestly address the reasons that manufacturing companies have left in droves for 50 years?…one accounting of the exit of manufacturing jobs from the City of Evansville came up with a number that is over 40,000 in this 50 year period?…we do know that Whirlpool peaked at over 10,000 local jobs in the early 1980’s and have since gone to ZERO so there is a start that accounts for 25% of the alleged losses?…we would appreciate further accounting of manufacturing jobs lost by Evansville in the last half century?…we also appreciate any information on why manufacturing has taken such a hit in this town while plants are still springing up in other locations?
IS IT TRUE it is getting annoying that the Indiana State Board of Accounts has not yet posted the 2012 City of Evansville Audit on there website?…the exit conference was held well over a month ago?…the people of this town deserve to know what the results of that audit are and in particular we deserve to know if our accounts are reconciled before our City Council goes out and borrows $77 Million dollars to be given away as incentives?…how an underwriter could approve a bond issue without a clean audit for nearly 3 years is puzzling?…that may be why an interest rate of 7% is being set as the upper limit by the resolution to approve the bonds?…paying 7% in a 4% market implies that the City of Evansville is at least expecting to have to pay this to sell the bonds?…both of these projects can wait until the audit is completed so we can see if we can get a better interest rate IF and we do mean IF the accounts are finally reconciled and the MIPS software is doing what it is supposed to do?