Middletown Forum : Rose Furniture -- City Funding Assistance?? http://www.middletownusa.com/forum/ This is an XML content feed of; Middletown Forum : Community Revitalization : Rose Furniture -- City Funding Assistance?? Tue, 06 Oct 2026 17:04:02 +0000 Mon, 25 Sep 2017 14:07:02 +0000 http://blogs.law.harvard.edu/tech/rss Web Wiz Forums 10.12 360 www.middletownusa.com/forum/RSS_post_feed.asp?TID=6540 Middletown Forum http://middletownusa.com/images/blog-logo.jpg http://www.middletownusa.com/forum/ Rose Furniture -- City Funding Assistance?? : Analytical wrote: Do senior... http://www.middletownusa.com/forum/forum_posts.asp?TID=6540&PID=48950&title=rose-furniture-city-funding-assistance#48950 Author: swohio75
Subject: 6540
Posted: Sep 25 2017 at 2:07pm

Originally posted by Analytical Analytical wrote:

Do senior city staff ever have a responsibility to keep abreast of taxpayer's funds that are "channeled" to former downtown re-developers?  And, one more time, Is it realistic that MUSA participants should demand knowing about this financial deal plus similar undertakings like Goetz Tower, former OG&E Building, former Bank One Building, etc., etc.?
The last I knew, no funds were "channeled" to the former Barnitz / Bank One building for redevelopment other than the sale of the property. 
]]> Mon, 25 Sep 2017 14:07:02 +0000 http://www.middletownusa.com/forum/forum_posts.asp?TID=6540&PID=48950&title=rose-furniture-city-funding-assistance#48950 Rose Furniture -- City Funding Assistance?? : Do senior city staff ever have... http://www.middletownusa.com/forum/forum_posts.asp?TID=6540&PID=48947&title=rose-furniture-city-funding-assistance#48947 Author: Analytical
Subject: 6540
Posted: Sep 25 2017 at 1:18pm

Do senior city staff ever have a responsibility to keep abreast of taxpayer's funds that are "channeled" to former downtown re-developers?  And, one more time, Is it realistic that MUSA participants should demand knowing about this financial deal plus similar undertakings like Goetz Tower, former OG&E Building, former Bank One Building, etc., etc.?]]> Mon, 25 Sep 2017 13:18:09 +0000 http://www.middletownusa.com/forum/forum_posts.asp?TID=6540&PID=48947&title=rose-furniture-city-funding-assistance#48947 Rose Furniture -- City Funding Assistance?? : Analytical wrote:Does anyone... http://www.middletownusa.com/forum/forum_posts.asp?TID=6540&PID=48894&title=rose-furniture-city-funding-assistance#48894 Author: swohio75
Subject: 6540
Posted: Sep 18 2017 at 4:30pm

Originally posted by Analytical Analytical wrote:

Does anyone know if senior city staff ever provided city council and the citizenry with a breakdown of funding allocated for the Rose Furniture deal?  Besides the costs of repairing water damage at the adjoining 44 S. Main property, the cost of "shoring-up" the front facade of the Rose property, plus the cost of acquiring the 44 S. Main property for $125,000 and later selling same for $148,000, how much of the $200,000 or $300,000 gift from the city is left?

The gift of taxpayer's funds always deserves a full-accounting of expenditures plus ancillary profits.  What say you?
While I don't have a breakdown on costs, it's my understanding that there was a substantial amount of clean up and remediation that need to take place after the roof collapsed. 

It would make sense that the remaining funds may have been used for that or a portion of them.  
]]> Mon, 18 Sep 2017 16:30:12 +0000 http://www.middletownusa.com/forum/forum_posts.asp?TID=6540&PID=48894&title=rose-furniture-city-funding-assistance#48894 Rose Furniture -- City Funding Assistance?? : Does anyone know if senior city... http://www.middletownusa.com/forum/forum_posts.asp?TID=6540&PID=48892&title=rose-furniture-city-funding-assistance#48892 Author: Analytical
Subject: 6540
Posted: Sep 18 2017 at 4:12pm

Does anyone know if senior city staff ever provided city council and the citizenry with a breakdown of funding allocated for the Rose Furniture deal?  Besides the costs of repairing water damage at the adjoining 44 S. Main property, the cost of "shoring-up" the front facade of the Rose property, plus the cost of acquiring the 44 S. Main property for $125,000 and later selling same for $148,000, how much of the $200,000 or $300,000 gift from the city is left?

The gift of taxpayer's funds always deserves a full-accounting of expenditures plus ancillary profits.  What say you?
]]> Mon, 18 Sep 2017 16:12:26 +0000 http://www.middletownusa.com/forum/forum_posts.asp?TID=6540&PID=48892&title=rose-furniture-city-funding-assistance#48892