Legislation Item 5

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   Mr. Laubach & A. J. -

Will the City of Middletown siphon-off even more HUD NEIGHBORHOOD STABILIZATION PROGRAM funds for this downtown commercial acquisition/demolition deal??  We eagerly look forward to your probing questions at tomorrow's City Council meeting.

Mike -

Thanks once again for your probing questions regarding this interesting real estate deal.

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NRS Members Profile Send Private Message Find Members Posts Add to Buddy List MUSA Immigrant Joined: Feb 26 2010 Status: Offline Points: 39	Post Options Post Reply Quote NRS Report Post Thanks(0) Quote Reply Posted: Mar 15 2010 at 9:35am
	Mr. Laubach & A. J. - Will the City of Middletown siphon-off even more HUD NEIGHBORHOOD STABILIZATION PROGRAM funds for this downtown commercial acquisition/demolition deal?? We eagerly look forward to your probing questions at tomorrow's City Council meeting. Mike - Thanks once again for your probing questions regarding this interesting real estate deal.

randy Members Profile Send Private Message Find Members Posts Add to Buddy List MUSA Official Joined: Jan 13 2009 Location: Middletown Status: Offline Points: 1586	Post Options Post Reply Quote randy Report Post Thanks(0) Quote Reply Posted: Mar 15 2010 at 9:13am
	You can read the entire agenda for the city council meeting here Middletown City Council Agenda For March 16, 2010
	Call me for a www.CameraSecurityNow.com quote 513-422-1907 x357

Mike_Presta Members Profile Send Private Message Find Members Posts Add to Buddy List MUSA Council Joined: Apr 20 2008 Location: United States Status: Offline Points: 3483	Post Options Post Reply Quote Mike_Presta Report Post Thanks(0) Quote Reply Posted: Mar 15 2010 at 3:08am
	I just read the workbook for the March 16 Council meeting. This whole EMERGENCY ordinance smells fishy!!! The BOTTOM line of this whole deal??? One savvy flipper makes $45,000 profit on a $50,000 purchase at auction, after only a few weeks. One existing business gets a FREE, much larger building in a better location. The citizens of Middletown get one small abandon building, lose one new business to a neighboring community, and spend $95,000 PLUS the cost of demolishing the old building!! This "emergency" seems to be a "rush this through before someone figures out who did what to whom" deal. JOSH and AJ: This is one that does NOT need to be an emergency...and MORE INFO is needed!!! WHY did Kohler DIS-ALLOW an allowable use to a prospective new business last April, but is promoting a similar use now??? Who bought the Central Ave property at auction, who is selling it to the city, and has anyone owned it in between??? WHY is the city involved in this transaction??? Aren't the two property owners competent adults??? Can't they handle their own affairs??? WHY do we keep seeing the City dis-avowing ORC Section 721 ??? Isn't ORC Section 721 made specifically because of situations like this??? ORC 721 is a "general law of the state of Ohio" enacted specifically to prevent fraud in real estate transactions involving city governments!!! It Is NOT "trumped" by our City Charter!!!
	“Mulligan said he ... doesn’t believe they necessarily make the return on investment necessary to keep funding them.” …The Middletown Journal, January 30, 2012

Mike_Presta Members Profile Send Private Message Find Members Posts Add to Buddy List MUSA Council Joined: Apr 20 2008 Location: United States Status: Offline Points: 3483	Post Options Post Reply Quote Mike_Presta Report Post Thanks(0) Quote Reply Posted: Mar 15 2010 at 1:05am
	Who was the buyer at auction? Who is the seller to the city?
	“Mulligan said he ... doesn’t believe they necessarily make the return on investment necessary to keep funding them.” …The Middletown Journal, January 30, 2012

Mike_Presta Members Profile Send Private Message Find Members Posts Add to Buddy List MUSA Council Joined: Apr 20 2008 Location: United States Status: Offline Points: 3483	Post Options Post Reply Quote Mike_Presta Report Post Thanks(0) Quote Reply Posted: Mar 15 2010 at 1:03am
	Hey...whatsamattayou??? Don't ya know that the city can't let a little thing like an existing, on-going business stand in the way of its demolition plans?? And remember, this is part of the brand-spanking NEW plan for downtown: something about turning it into a quaint, olde tyme, 1900's village. Now that's something that has never been tried before!!! And let me think...didn't council just last year act on Marty's plan to authorize new "Olde Tyme" facades for all of the buildings down that way--all on the taxpayers' tab, of course??? So, what will the *ACTUAL, TOTAL* tab to the taxpayers for all of this be???
	“Mulligan said he ... doesn’t believe they necessarily make the return on investment necessary to keep funding them.” …The Middletown Journal, January 30, 2012

409 Members Profile Send Private Message Find Members Posts Add to Buddy List Prominent MUSA Citizen Joined: Mar 27 2009 Status: Offline Points: 1014	Post Options Post Reply Quote 409 Report Post Thanks(0) Quote Reply Posted: Mar 15 2010 at 12:35am
	Yeah, I saw that on the BC website. If the $95,000 includes moving costs, we're in the wrong business!!!

swohio75 Members Profile Send Private Message Find Members Posts Add to Buddy List MUSA Citizen Joined: Jun 13 2008 Status: Offline Points: 820	Post Options Post Reply Quote swohio75 Report Post Thanks(0) Quote Reply Posted: Mar 15 2010 at 12:19am
	Want to hear something even more disturbing? This building was at auction several weeks ago. It sold for $50,000. According to Butler County Property Tax Records, the sale date was 2/19/2010. The city is paying $95,000. I don't think Marty is driving the bus on this one. My guess it's Mr. Robinette.

409 Members Profile Send Private Message Find Members Posts Add to Buddy List Prominent MUSA Citizen Joined: Mar 27 2009 Status: Offline Points: 1014	Post Options Post Reply Quote 409 Report Post Thanks(0) Quote Reply Posted: Mar 15 2010 at 12:07am
	From the Middletown City Council Agenda Tuesday 3/16/2010: ORDINANCE NO. O2010-23 AN ORDINANCE AUTHORIZING THE CITY MANAGER TO ENTER INTO A CONTRACT OR CONTRACTS TO ACQUIRE AND DISPOSE OF CERTAIN REAL PROPERTY LOCATED AT 1607 CENTRAL AVENUE IN EXCHANGE FOR THE ACQUISITION OF 1316 VAIL DRIVE AND DECLARING AN EMERGENCY. WHEREAS, the City Council desires to demolish the structure located at 1316 Vail Drive in conjunction with another demolition project of properties located on Central Avenue adjacent to 1316 Vail Drive; and WHEREAS, the structure at 1316 Vail Drive presently houses Middletown Custom Cabinet Co., and in order to demolish said structure, the City needs to relocate that business; and WHEREAS, the structure on certain real property located at 1607 Central Avenue would be suitable for the relocation of Middletown Custom Cabinet Co., and is available for purchase; and WHEREAS, the City is willing to purchase the property located at 1607 Central Avenue and exchange it for the property located at 1316 Vail Drive, and the owners of both properties have agreed to this exchange in principle Now...1607 Central was the former home of the Middletown Antique Mall. I posted about their closing and the possible sale back on 4/21/09. http://www.middletownusa.com/forum/forum_posts.asp?TID=1231 My question is.........Whats Changed ? Did Marty change his mind or develop amnesia ]