IS IT TRUE January 23, 2013
IS IT TRUE several of our CCO downtown MOLES and the dine out allot MOLE are telling us that the old Riverhouse Hotel may be seeing some construction workers rattling its bones soon?…the brand that we hear will be associated with this old hotel will be the Comfort Inn?…the number of rooms in this new hotel should stay in the range of 90 which is just about the number of rooms one study stated downtown Evansville can absorb?…right next door the McCurdy Hotel now under new ownership may have some hammers swinging this summer as well?…the new ownership has stated plans to convert the classic downtown hotel into 90 or so luxury apartments?…Evansville may be the only city in America to have luxury apartments occupying the same block as a Comfort Inn?…even freeway off-ramps do not place luxury apartments and Comfort Inn branded motels next to each other?
IS IT TRUE that one of the tricks (SNEGAL if we may say so) that the Mole Nation tells us will be proposed is to remove the new downtown Convention Hotel from the existing downtown TIF (tax increment finance) district and place it in a stand alone TIF?…this legal maneuver will blaze the trail to return all of the tax revenue generated by the hotel/retail complex right back to cover the subsidies pledged and bonded to the developer?…such a move will remove any chance for other businesses to benefit directly from the new development?…removing this new venture from the tax roles for the foreseeable future will also raise the property taxes of homes in Pigeon Township where the hotel will be if and only if the Evansville City Council has been herded successfully to vote for the financing of any deal?…that supposes that the land unless subsidized will never see any development at all or ever be returned to the tax roll that it was on before the Weinzapfel Administration proceeded to demolish the Executive Inn with no viable plan for a replacement?
IS IT TRUE a bill that would allow the casinos to move from the boats onto land, reduce their taxes and lift game restrictions will be discussed in the Indiana Senate as early as today?… the biggest question is whether such a bill can win approval from lawmakers leery about being perceived as expanding gambling? …Indiana expects a 15 percent drop in the tax revenues from its 13 casinos, from the $614 million it collected last year to about $520 million for the 2015 budget year?…State officials blame the decline in part on the opening of new casinos in Ohio, Michigan and Illinois?…the move to being land based as opposed to maintaining a “Riverboat†is a good move that should have been the case from day one?…looking back forcing gambling into the water as opposed to right next to the water was a cowardly stupid thing to do in the first place?…in the case of Evansville with the northern border of Kentucky right on the riverbank it was even required to dig out the bank to be in Indiana?…the CCO supports land based gaming and just shakes our head in disbelief that the boat option was the path that needed to be taken to get to a more sane solution?
EVANSVILLE, Ind. – Looking to put a stop to a two-game losing streak, the University of Evansville men’s basketball team will be back at the Ford Center to face Bradley on Wednesday evening.
EVANSVILLE, Ind. – The 10th-ranked University of Southern Indiana men’s basketball team travels to the northern hub of the Great Lakes Valley Conference when it visits the University of Wisconsin-Parkside Thursday and Lewis University Saturday. Tip-off Thursday against UW-Parkside in Somers, Wisconsin, is 7:30 p.m., while the start time Saturday at Lewis in Romeoville, Illinois, is slated for 3 p.m.