
For Immediate Release
May 9, 2012
Contact Stephanie Brinkerhoff Riley, 812-499-3384
I am pleased that the City of Evansville has decided to walk away from the deal with Earthcare Energy. I commend Mayor Winnecke for doing the right thing. I don’t think he had a choice, given the research done by the City County Observer, Dan McGinn, and myself. The public reaction that followed was both justified and expected. Although I believed this project was suspect on its face, you didn’t have to get far beneath the surface to expose some serious issues.
I am hugely disappointed in the performance of GAGE in even suggesting the project, and for their complete failure in properly vetting the project. I frankly, question the future of the organization and why the City is contributing so much to its budget. The fact that Debbie Dewey has refused to report how much of the money the City is giving GAGE for her compensation, is enough to warrant looking at this entity at budget time. We would be better served to keep at least some of that money for City Council to have its own budget to perform the duties that GAGE was either unwilling or unable to do.
Evansville is now galvanized against making loans to start-up businesses and is skeptical about traditional incentive packages. If a group of entrepreneurs that really have the potential to be the next Intel or Apple were to apply for help today, it would be political suicide for Mayor Winnecke or any member of the City Council to support a loan to that business. This is unfortunately one of the consequences of poor vetting and rushing the vote. Hopefully, in time the Mayor and the City Council can regain the confidence of the people through transparency and competent performance.
Now we must find a way to recover the $184,000 that Earthcare owes to the taxpayers of Evansville. Let’s work together to make sure that there are no more vetting fiascos, and that Evansville is seen by the outside world as a competitive and desirable place to do business.