Home Blog Page 6894

IS IT TRUE May 1, 2012

29

The Mole #??

IS IT TRUE May 1, 2012

IS IT TRUE that the 2012 rendition of the Evansville Redevelopment Commission has a line item on its agenda today that calls for the formal action of placing the deal that was made with City Centre Properties into default?…that while this is a necessary and correct action it is 3 years and $1.403 Million short of the desired result?…that there is one installment of real estate taxes due on the property and another one coming due in 10 days?…that while this action will most certainly free up the private partnership of the Kunkel Group and Bloomington developer Randall Lloyd to be able to move forward with converting the McCurdy into 90 or so apartments NO ONE SHOULD FORGET THAT THE CITY OF EVANSVILLE SQUANDERED $1.403 MILLION ON THIS PROJECT BY FAILING TO VET THE PROJECT AND ITS PRINCIPALS AND BY FAILING TO GRASP THE REALITY OF THE VALUE OF THE UNDERLYING ASSET UPON COMPLETION?…that every time that the Evansville Redevelopment Commission, the Evansville City Council, or any surrogate of either group runs off starry eyed with their mind oblivious to economic reality something like this happens?

IS IT TRUE that it will be interesting to see if yesterday’s announcement with regard to the former owner of the Riverhouse will make financing more difficult for the McCurdy?…that it was announced to the media yesterday that Todd Van Natta who had bought the Riverhouse for nearly $5 Million seems to have been under FBI investigation for a couple of years and that now Mr. Van Natta is under “probable cause” for bank fraud?…that reading the complaint specifically for the Riverhouse it is alleged by the bank that the loan terms were changed at the last minute and that they did not even have a loan officer present at closing?…that sure seems like a strange way for a bank to conduct business?…that what was allegedly changed was the definition of what the down payment was?…that the original deal called for a 20% down payment and an 80% loan?…that somehow that was changed to a situation where the down payment amount became a credit for future repairs which essentially made this deal slightly over a 100% loan?…that all being taken at face value and having been through several closing one must wonder just how that $8,000 check from the bank to Mr. Van Natta’s company found its way to the closing?…that another curiosity is just how did the Riverhouse appraise at nearly $5 Million to get the transaction to the point of closing in the first place?

IS IT TRUE that the saga of the Riverhouse and its next door neighbor the McCurdy have been real black marks on valuations in Downtown Evansville for the last 3 or 4 years?…that the Riverhouse eventually went to auction and only garnered a bid of slightly over $300,000?…that the for sale sign is getting dusty and faded and given the difficulties encountered the Riverhouse may be in for a long haul before a buyer comes along?…that when a 90 room hotel in need of repairs brings less at auction than the parking lot next door brought from the Evansville Redevelopment Commission that there is a terrible disconnect and misunderstanding with respect to values?…that the CCO hopes that the McCurdy project is able to move forward to completion and that someone will actually go in and close the windows on the upper floors that have been open all winter?…that there will most certainly be some damages from this typical neglect of what could be and should be a beautiful and functional building on Evansville’s riverfront?

IS IT TRUE that the key phrase in the long dissertation of the FBI agent who has deemed that the Riverhouse escapade is worthy of probably cause are the words “material misrepresentation”?…that this means that the FBI agent is alleging that Mr. Van Natta stated things on loan applications that were not accurate and that he knew it when he did it?…that we are quite interested in seeing the outcome of this unfortunate situation of alleged “material misrepresentation” play itself out?

Earthcare Energy Posts Press Release Regarding Testing of Langson Device

32

Posted April 16, 2012

FOR IMMEDIATE RELEASE

Carson City, Nevada (March 27, 2012) – The Langson Energy Gas Letdown GeneratorTM has completed testing in Elite Energy’s Test Lab for natural gas letdown power generation. The GLG utilizes helical screw technology to generate power from natural gas pressure reduction. It is designed to work in conjunction with existing natural gas pressure reduction stations as a means to capture the energy contained in the pressurized gas.

Research, development and operational testing previously performed by Langson on the GLG had been performed exclusively using compressed air. Langson’s customers requested an independent test using natural gas in order to simulate conditions within the environment being considered for implementation.
A test protocol was developed by a major gas and electric utility in order to demonstrate power output curves from varying gas pressure and flow conditions and gas inlet and outlet temperatures.

Elite Energy Systems, Inc of Carson City, NV, was asked to design and construct a high pressure closed-loop natural gas test environment capable of conducting tests simulating a range of pressures and temperatures and to measure the power output capability of the Gas Letdown GeneratorTM . Designed around equipment supplied by Langson Energy and incorporating a comprehensive collection of instrumentation, safeties and controls, the test loop was completed, tested and became operational in mid March 2012.

“The Gas Letdown GeneratorTM performed as expected and no specific operational issues were encountered while operating on Natural Gas. The Test data shows consistent and predictable trends. The testing indicates that the outlet temperature can be confidently predicted based on inlet conditions and design power can be confidently predicted based on mass flow and pressure ratio,” says Peter Palmer, Elite’s Test Engineer.

About Elite Energy, LLC: Elite is made up of a group of respected industry experts with decades of experience in designing, delivering, and installing CHP systems. Elite’s team comes from major engine companies and their distributors such as Caterpillar, Volvo, and Dresser. Additionally, Elite’s team has worked with CHP systems like DG Energy Solutions, Alturdyne, and Hess. Elite’s campus and energy management offices are located in Carson City, Nevada and includes 33,000 square-foot CHP system production facility, 20,000 square foot custom fabrication facilities and an 11,000 square foot metal fabrication shop.

Source: Earthcare Energy

Links:

http://www.eliteenergysys.com/

http://earthcareenergy.com/?cat=1

University Center at USI captures national design award

1

Holzman Moss Bottino Architecture and the University of Southern Indiana’s University Center expansion was one of seven college unions to receive the Association of College Unions International (ACUI) Facility Design Award of Excellence.

“The goal of the University Center expansion project was to create ‘a campus landmark’ that both serves students well, and is a built testament to the essence of high-quality-design, fosters new ways of thinking about buildings and the campus, and grounds the university firmly in its regional origins as it moves onto the national stage”, said Mark Rozewski, USI vice president for Finance and Administration. “I’m pleased USI won this national recognition, but even more pleased with our new university center. The center is a built reminder to be open to new ways of thinking, and that’s a message that every university should pass onto the next generation.”

“The award recognizes the challenges of transforming two existing, inadequate facilities into a memorable destination that now provides students and community residents with flexible gathering places,” said Katherine Holt, marketing manager for Holzman Moss Bottino Architecture.

A feature in the expansion is the Orr Iron Company doorway, an historic artifact incorporated into the main lounge of the University Center. The Orr Iron Company was the family business of Governor Robert Orr, the Evansville native who went on to become governor of Indiana and signed the law creating the state university known as USI. When the original home of Orr Iron had to be demolished for a highway widening project, USI reclaimed the original doorway and repurposed it in the University center expansion.

Another favorite topic of University Center conversation is the conical tower that is the centerpiece of the project and the highlight of the campus skyline. Meant to stand out to visitors as an orienting feature of the campus, the cone is becoming a regional landmark.

Various industrial materials throughout the building show USI’s pride of place in Indiana. Benches were made from 2,000 lb solid ingots of aluminum from the nearby Alcoa Warrick Foundries.

Columns throughout the University Center are covered with clay pipe from CanClay Tile of Cannelton, Indiana, a major manufacturer of drainage pipe.

And to commemorate southern Indiana’s long time history of furniture manufacturing, 2,000 chair legs from the Jasper Chair Company were used to fashion light fixtures in the building.

The University Center expansion opened in 2011.

Other university unions recognized for design included University of Texas-Austin, Clarkson University, The Ohio State University, Brown-Lupton University, Northern Arizona University, and Chapman University.

ACUI is a nonprofit educational organization that brings together college union and student activities professionals from hundreds of schools in seven countries.

Source: USI.edu

VHS Pet of the Week: “Cassie”

0

Cassie is a 1-year-old spayed DSH. This silly girl will make herself right at home with just about anyone! She is quiet a lovebug and will adjust in no time to a home with other animals and even children of any age. She loves to play with toy mice and will chase a laser light all over the place. Unlike most cats, Cassie loves to have her belly rubbed and will be content to sprawl out on the couch and have her belly rubbed for hours. For more information on Cassie and how to make her a member of your family, visit us on the web at www.vhslifesaver.org or call (812) 426-2563.

Legal Action Taken Regarding the Sale of the Riverhouse, Evansville: FBI Agent cites Probable Cause for Material Misrepresentation by Buyer

3

Todd Van Natta whose company purchased the River House has been accused of providing material misrepresation in order to obtain a commercial loans under Title 18, US Code Section 1344 (Bank Fraud).

Link to court documents:

Van_Natta CASE

Evansville Redevelopment Commission: AGENDA Tuesday, May 1, 2012 – 8:30 am

3

Evansville Redevelopment Commission

AGENDA
Tuesday, May 1, 2012 – 8:30 am
Civic Center Complex – Room 307

1. Call to Order

2. Approval of Minutes of April 17, 2012

3. Approval of Accounts Payable Vouchers

4. Downtown Redevelopment Area
Resolution 12-ERC-17 – Approving Rescission and Re-execution of Estoppel Certificate
in connection with Aztar Indiana Gaming Company, LLC

Resolution 12-ERC-18 – Declaring Default with City Centre Properties – McCurdy Project

5. Other Business
Old Post Office Repair Project – Update

6. Adjournment
* This preliminary Agenda is subject to change. The final Agenda will be posted at the entrance to the location of the meeting prior to the meeting.

IS IT TRUE April 30, 2012

15

The Mole #??

IS IT TRUE April 30, 2012

IS IT TRUE that one week and one day from now the primaries for the State of Indiana will be held and all who wish to have a say in who will be running for election in November need to plan on casting a vote?…that this is a fairly quiet primary season with only a few campaigns spending big money to entice voters to choose them?…that there are some contested primaries that essentially no money has been spent and that the candidates are not widely known?…that for the next 7 days the CCO will publish any exclusive position paper written by any candidate in any contested primary election?…that this needs to have been written by the candidate for the CCO?…that for best attention please limit these papers to under 800 words?…that those candidates who wish may submit a position paper by email to jjw0729@aol.com? …that papers that address issues and meet the word limits will be published without edit, opinion, or bias?

IS IT TRUE that another member of the Roberts Stadium task force has supplied us with a statement regarding her position on the report issued last week?…that the latest person to supply a statement is former candidate for Evansville City Council Sylvia Trabits-Niemeier and that her statement is as follows:

“As a member of the Stadium Task Force I would like to give my reply to a few items. I agree with Stephanie on our last meeting there were no specific costs on the six major ideas. The items on page 13 with the main floor being raised I don’t see this as a major problem. This would just be putting the floor back to it’s original position. Thus no need for the expensive water pumps. I think where the public wants something for everyone they are talking about not having the Stadium for one sport or one main event. I really think a combination of ideas would work. Evansville needs money coming in the mid-size arena or the expo center can make money plus with all the acres of parking you can use some of the land to make a nice park thus the whole community wins. One thing I asked to be in the report that was not was to identify Robert’s Stadium as an excellent emergency disaster center. As a former Federal Government meteorologist I can’t stress enough the damages done by severe weather and I feel Evansville needs more preparedness. I know a disaster center does not bring in money but it sure could save lives in our community which I feel is important.”

IS IT TRUE that our occasional contributor Sarcasticus has put down his sword and picked up a pen to provide the CCO with the following predictions for the City of Evansville in a way that only Sarcasticus can do?…that Sarcasticus is predicting that a downtown convention hotel will materialize in the clouds and will fall down onto the corner of Walnut and MLK Blvd. in Wizard of OZ style and that no public money will be requested by the clouds?…that Sarcasticus is predicting that private investment dollars will miraculously become plentiful in SW Indiana and that a number of start up businesses will be funded with no public money requested or political input tolerated?…that for his last prediction Sarcasticus postulates that 5 members of the Evansville City Council will be accepted into Mensa along with a couple of other surprise inductees who will be recognized as possessing such brilliance that Mensa will waive the test requirement for these members of class of 2012?

IS IT TRUE that there will not be a City Council Meeting on Monday, April 30, 2012 or Monday, May 7, 2012?…that the next meeting of the Common Council of the City of Evansville will be Monday, May 14, 2012 at 5:30 p.m. in Room 301? …that this will be an opportunity for the Council to make good decisions and for the public to voice their opinion about decisions of both the past and the future?

UE to Co-Sponsor Archaeological Project in Israel

0

The University of Evansville is proud to announce its co-sponsorship of the Jezreel Expedition, a new archaeological project in northern Israel, along with the Zinman Institute of Archaeology at the University of Haifa.

From June 1-22, eight UE archaeology students will participate in the project’s first survey session, which will determine the areas to be excavated in Summer 2013 and beyond. Project directors are Jennie Ebeling, chair of UE’s Department of Archaeology and Art History, and Norma Franklin of the Zinman Institute of Archaeology.

The ancient city of Jezreel overlooks the biblical “Way of the Sea,” the major east-west international trade route that linked the empires of the Euphrates and Tigris river basins with Egypt. Previous excavations have discovered remains of a heavily fortified royal enclosure, possibly constructed by Ahab and Jezebel (as described in the Hebrew Bible/Old Testament). The site appears to have been occupied from the fifth millennium BCE through the 20th century, so it allows scholars and researchers to study prehistoric, biblical, and modern archaeology.

In Summer 2012, the Jezreel Expedition team will utilize a new three-dimensional model of the terrain, created earlier this year with an airborne laser scanning technology (LiDAR). Team members will record points, features, and structures on the ground which, when integrated with the 3D model, will generate valuable insight into the areas that most warrant exploration.

“The Jezreel Expedition will provide an excellent opportunity for UE students to be trained in the latest archaeological field methods and interact with an international team of archaeologists and students,” said Ebeling. “We’re thrilled to be a part of this important project, and in coming years, we look forward to sending UE students and faculty members to work on excavations and other projects.”

The University of Evansville’s Department of Archaeology and Art History is one of the largest undergraduate programs in Mediterranean archaeology in the Midwest, and its 65 majors participate in summer excavations and internships around the world.

UE students participating in this summer’s Jezreel Expedition surveying project are Megan Anderson, Nate Biondi, Sarah Carlton, Emma Dunleavy, Kelly Goodner, Mike Koletsos, Emily Mella, and Hilda Torres.

Source: Evansville.edu

Mayor Winnecke to Host Sister City Delegation from Japan

0

Evansville Mayor Lloyd Winnecke is pleased to announce plans to host representatives
from Tochigi City, Japan in Evansville on May 1 and 2. The five-member Tochigi City delegation will visit
Evansville to re-affirm the sister city relationship between the two cities. The meeting will be the first
between Evansville’s newly elected mayor and Tochigi City Mayor Toshimi Suzuki, who took office in
April 2010 when the former Tochigi City merged with four nearby towns.

“It is my pleasure to welcome our esteemed guests from Tochigi City, Japan to Evansville to celebrate
our continuing friendship and to re-affirm our commitment to fostering a mutual understanding
between our two cultures,” Mayor Winnecke said. “We have two days full of activities planned to
showcase some of the highlights of our city, and I look forward to spending personal time getting to
know Mayor Suzuki.”

Mayor Suzuki will be accompanied by Hideko Okawa, Chairwoman (President) of Tochigi City Council;
Hiroyuki Wakui, Head (President) of Secretariat (Directors) of Tochigi City Council; Hiroshi Sotome,
Secretary to Mayor Suzuki; and Yuka Suzuki, translator to Mayor Suzuki.

Mayor Winnecke has extended an invitation to the media to attend the official Signing of Re-Affirmation
Ceremony, the official Welcome Reception and the official Farewell Reception and Dinner.

May 1
5:15 p.m. Signing of Re-Affirmation Ceremony, Mayor’s Office, Room 302 at the Civic Center
6:00 p.m. Official Welcome Reception, the Ford Center
Note: The Tochigi City delegation will be escorted from the Civic Center by a procession from the
Evansville Fire Department Pipe and Drum Corps. Members of the Glenwood Drumline will be inside the
Ford Center ready to play when the delegation enters the building.

May 2
5:45 p.m. Cocktail Reception, University of Southern Indiana Carter Hall
6:00 p.m. Official Farewell Dinner and Reception, University of

World-Class Cirque Du Soleil Performance “Quidam” Mesmerized Ford Center Audiences

0

Cirque du Soleil, the international traveling circus troupe, mesmerized audience members with their stunning acrobatics, energetic musical numbers and impressive physical feats during their six performances at the Ford Center this weekend. When the show began, spectators were quickly whisked away into the imaginary world of Quidam where a young Zoe meets enchanting characters who encourage her to free her soul. Every act delivered one breathtaking performance after another, while fascinating admirers until the end of the show.

This is the first time the Ford Center has hosted a theatrical performance of this magnitude. “Cirque du Soleil’s “Quidam” is a world-class performance that showcases some of the best artists in their field. For many in the tri-state area this is a rare opportunity to see this show so close to home,” stated Executive Director Scott Schoenike. Ford Center continues to bring a diverse lineup of strong upcoming performances such as Staind and Godsmack May 6,

Hank Williams Jr. May 11, WWE SmackDown June 26, James Taylor July 11 and the Trespass America Festival featuring Five Finger Death Punch July 31. Ford Center is managed by VenuWorks of Evansville, LLC.