tag:blogger.com,1999:blog-12726606.post114608519634622736..comments2023-11-03T06:29:15.083-05:00Comments on Quad City Images: Bad Times for BaseballQuadCityImageshttp://www.blogger.com/profile/07503485646277987317noreply@blogger.comBlogger14125tag:blogger.com,1999:blog-12726606.post-1146177986074328662006-04-27T17:46:00.000-05:002006-04-27T17:46:00.000-05:00You wonder why city leaders are spreading their ar...You wonder why city leaders are spreading their arms on this deal. If I am not mistaken, Mr. Gartner played a critical role in the Vision Iowa grant process. <BR/><BR/>I have respect for the man for returning to the Midwest for his golden years, and do not seriously question his integrity. I am sure he is putting his best proposal as take it or leave it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12726606.post-1146171171989320032006-04-27T15:52:00.000-05:002006-04-27T15:52:00.000-05:00To 9:58 AM- check the spelling, it is NOT the hear...To 9:58 AM- check the spelling, it is NOT the heart doctor that practices in Davenport.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12726606.post-1146169680663054502006-04-27T15:28:00.000-05:002006-04-27T15:28:00.000-05:00Ah, thanks to the 3rd grade subsitute teacher! We...Ah, thanks to the 3rd grade subsitute teacher! We all know we should take that advice over somebody with a law degree.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12726606.post-1146149894023773092006-04-27T09:58:00.000-05:002006-04-27T09:58:00.000-05:00Ever been to a surgeon named mike.Ever been to a surgeon named mike.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12726606.post-1146148650509372922006-04-27T09:37:00.000-05:002006-04-27T09:37:00.000-05:00"Does one name in particular look familiar?"Who ar..."Does one name in particular look familiar?"<BR/><BR/>Who are you talking about??Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12726606.post-1146143836378556192006-04-27T08:17:00.000-05:002006-04-27T08:17:00.000-05:00Thanks to the "Attorney" for the explanation. Now...Thanks to the "Attorney" for the explanation. Now here's hoping that everyone else who feels as though they are experts on contract law-inlcuding media outlets!-will take a good remedial reading course at Scott. My goodness, I've never seen such a load of non-critical reading skills since substitute teaching 3rd grade. Also-no comments on Gartner's partners? Does one name in particular look familiar? Why do you think City folks are wetting their pants and talking to the media as if it's already a done deal? It's not just Gartner's juice. By the way-Gartner looked for a sweetheart baseball deal in Dubuque last year and couldn't get the giveaways he wanted.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12726606.post-1146142565228857592006-04-27T07:56:00.000-05:002006-04-27T07:56:00.000-05:00First of all, this is a classic case of the taxpay...First of all, this is a classic case of the taxpayers being asked to take "stupid" pills. We get $140k + per year now, and Krause WILL pay what he owes us in repairs. We might have to take him to court, but he will pay, and he will get the hint once we start playing tough. Why in the world would we EVER go from 140k per year down to 16k per year AND agree to take on utility expenses and garbage clean up on top of all that? What the hell is in it for us? It is not like we can't get Krause to pay. He is just being cagey with us to see what he can get away with. I guarantee you, once we force the issue, the man will pay up. Can you say Krause has deep pockets? <BR/><BR/>Finally, the worse thing that could happen is that Krause does not pay and we get a judgment against him and kick him out, at the same time placing a UCC lien on everything he has. I would eat my shirt if that happened; I am that sure that Krause will pay up! But if it did happen, after I finished my shirt eating stunt, we would have a nice new stadium to sell along with a UCC lien on the Swing's assets and the naming rights etc. We would certainly not end up any worse off than the deal being proposed right now, but my guess is that we would be much better off. All this is needless speculation anyway; just get tough and watch how fast Krause pays. Bottom line: If it ain't broken, don't fix it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12726606.post-1146136816164455852006-04-27T06:20:00.000-05:002006-04-27T06:20:00.000-05:00You're right, it was the $1 million in renovation ...You're right, it was the $1 million in renovation payment that would be in quarterly installments.<BR/><BR/>$16,500 a year for a baseball stadium... it doesn't take very many market rate apartments in this building to equal that number. Like 2.QuadCityImageshttps://www.blogger.com/profile/07503485646277987317noreply@blogger.comtag:blogger.com,1999:blog-12726606.post-1146119176294596692006-04-27T01:26:00.000-05:002006-04-27T01:26:00.000-05:00Rent would be 16K per season!Rent would be 16K per season!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12726606.post-1146104288354278742006-04-26T21:18:00.000-05:002006-04-26T21:18:00.000-05:00Krause seemed a lot better than Holtzman too, and ...Krause seemed a lot better than Holtzman too, and look at us now.QuadCityImageshttps://www.blogger.com/profile/07503485646277987317noreply@blogger.comtag:blogger.com,1999:blog-12726606.post-1146103723715001032006-04-26T21:08:00.000-05:002006-04-26T21:08:00.000-05:00If these people can turn it around with bigger cro...If these people can turn it around with bigger crowds, and the year round part sounds like maybe a concert venue, then does't the city make money on sales tax? If nothing else local business would pick up after a game. These guys seem more organized than the city leaders.cruiserhttps://www.blogger.com/profile/03636392558810651357noreply@blogger.comtag:blogger.com,1999:blog-12726606.post-1146101780651221252006-04-26T20:36:00.000-05:002006-04-26T20:36:00.000-05:00I believe it was 16k per quarter, but that's still...I believe it was 16k per quarter, but that's still cheap rent.<BR/><BR/>There's no upside for the city if all but a million of the debt is totally forgiven, whereas the cheap rent is more than averaged out by having the renovations paid off out of Kevin's sale price, if that's the case.<BR/><BR/>Time will tell.QuadCityImageshttps://www.blogger.com/profile/07503485646277987317noreply@blogger.comtag:blogger.com,1999:blog-12726606.post-1146098543584266802006-04-26T19:42:00.000-05:002006-04-26T19:42:00.000-05:00That is not the way I read it. I think the new ow...That is not the way I read it. I think the new owners are asking that the taxpayers forgive a ton of debt. More importantly, the taxpayers have to take 1 million that they are owed at 0% interest for 20 years! Boy, I wish my bank would give me that kind of deal.<BR/><BR/>Next, the taxpayers really pound dirt on the rent. Right now, we get 140k per year, and that goes down to a lousy 16k per year. So, the taxpayers lose $2,480,000.00 over the term of the lease!!! Plus, we pick up all kinds of maintenance expense that Krause pays right now. Finally, we do have Krause on the hook and he has a Daddy that is one of the wealthiest men in the state, so we will be getting paid everything due us right now. Why would we take this deal?? What is in it for us?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-12726606.post-1146094626088201192006-04-26T18:37:00.000-05:002006-04-26T18:37:00.000-05:00I'd certainly be for that deal...I wonder if I'd g...I'd certainly be for that deal...<BR/><BR/>I wonder if I'd get any response if I ask Malin about the details of this, considering that they haven't been too forthcoming with details yet.QuadCityImageshttps://www.blogger.com/profile/07503485646277987317noreply@blogger.com