Natalie

Chillicothe, MO

#21 Jan 2, 2011
Papa wrote:
<quoted text>
Who actually owns the bowling alley? Is it the city or is it Grand River Entertainment or somebody else?
Papa-The purchase is outlined in Ordinance No.2008-87. The purchase price of the property was $2,200,000 and the partners are as follows:

$990,000 45.0% City
$605,000 27.5% CIDC
$605,000 27.5% CDC

The purchase agreement contains a leaseback provision to Grand River Entertainment, who remains the operator of the facility.
Natalie

Chillicothe, MO

#22 Jan 2, 2011
My understanding is that the City owns the bowling alley, and that Grand River Entertainment is the manager per a "Recreation Center Management Agreement".

The terms of the agreement govern the establishment of an "operating account", through which revenues and expenses are recorded. Also, it establishes a Reserve fund where any net profits generated are transferred quarterly.

Hope this helps. For more information on the transfer of the debt, you can research Ordinance No. 2008-94.
Just Wondering

Kansas City, MO

#23 Jan 3, 2011
$7200.00 an acre. Where is this ground?
frosty

Chillicothe, MO

#24 Jan 3, 2011
Just Wondering wrote:
$7200.00 an acre. Where is this ground?
Just Wondering I found this on the KCHI Newspage. I'll just copy and paste it here since they update the page often.

New Chillicothe Industrial Park 12/31/2010 12:00pm
The City of Chillicothe will start the new year with a new Industrial Park on land purchased for $1.25 million. The 174 acre location is south of US 36 at Route C and will offer both highway and rail access, city utilities and is in the Enhanced Enterprise Zone, Foreign Trade Zone and is designated as an AT&T Fiber Optic Park.
City Economic Developer Terry Rumery says this is a big opportunity for Chillicothe.
<Audio: Terry Rumery 1>
Rumery says the Industrial Park has all that any company could ask for including highway and rail access, utilities and a customized incentive package. He says right now there is a lot of interest in Chillicothe
<Audio: Terry Rumery 2>
The purchase was funded through $625,000 from the city's MODAG/UDAG funds,$100,000 from CUM and $525,000 from the railroad reserve fund from the sale of surplus rails and unused portions of the city owned railroad.
frosty

Chillicothe, MO

#25 Jan 3, 2011
http://www.kchi.com/news.htm

Go here to hear the audio of Terry Rumery before they update their page and take the story down.

VRA

Since: Jul 10

Location hidden

#26 Jan 3, 2011
Who did they buy the acreage from?
Natalie

Chillicothe, MO

#27 Jan 3, 2011
VRA wrote:
Who did they buy the acreage from?
Lyndell Clevenger.
Johnn

United States

#28 Jan 3, 2011
they need to run rumery out of town

Since: Feb 10

Location hidden

#29 Jan 3, 2011
sounds more like a walmart expansion of a distribution center, i guess "we the people" keep financing huge corporations so they will develope low wage, low benefit jobs, just what the public voted for
CURIOUS

Prairie Village, KS

#30 Jan 3, 2011
I'm glad someone mentioned who the property was bought from. i've been wondering the same thing. all the news about buying the ground but no mention of who profited from it. i doubt it will be the city. time will tell.
slick willy

Mission, KS

#31 Jan 3, 2011
As a younger person who has stuck around chillicothe for now longer than wanted has always hoped for change, promise and growth. Deep down this area is where i have been born and raised and look for every excuse to stay around just because I hope they do grow and show promise one day but honestly moves like this just makes everyone ask why. My one question is do they even have businesses lined up to go in the new park and if so what are they? I highly think you should fill the existing park first before expanding or building a entire new one. You know you say this will bring jobs to town....well that it might but you still have to have other entertainment for them to do when they arent working. You promised a shopping center...thats a horrible excuse for a shopping center. You have the old walmart building that you are gonna turn into possibly a expo center....boy that will bring people to town! The old prison, walmart building, sale barn, and so on and now the country kitchen. There is so much potential in this town if people would just look into it in the right areas and actually think ahead and in the future instead of right now. You know how about the corner of 1-90 and 65. prime place for a north side hotel instead of having 10 on the south side of town that half of them arent even being filled now. Or i know, how about a decent restaurant that a person can get a decent breakfast meal and for a decent price. You say you want kids to have something to do other than just run the streets....turn the prison building into a paintball place, go-cart track, putt putt golf. You know there is so much potential if they would just think ahead. Then lastly how about just finishing the projects you have going now instead of adding to the pile.
Shut It

Overland Park, KS

#32 Jan 3, 2011
I see a lot of complaints about this issue.
Color me surprised.
There is almost nothing anyone can about do about anything on earth that would please the Chillitopix dipsticks.

Now please, go ahead and call me a liar and rake me over the coals.
Natalie

Chillicothe, MO

#33 Jan 4, 2011
I wonder why FEC wouldn't contribute to this project? Afterall, they stand to gain a great deal since they will be providing the electricity to that area, and NOT CMU.

VRA

Since: Jul 10

Location hidden

#34 Jan 4, 2011
Shut It wrote:
I see a lot of complaints about this issue.
Color me surprised.
There is almost nothing anyone can about do about anything on earth that would please the Chillitopix dipsticks.
Now please, go ahead and call me a liar and rake me over the coals.
And yet here you are watching, reading, participating. Interesting.
Just Wondering

Kansas City, MO

#35 Jan 4, 2011
I'm not sure Lyndell owned that much. The land on the corner I beleive belongs to Loyd Cleveland. Wasn't this one of the sites considered for the hospital.
Wondering Too

Chillicothe, MO

#36 Jan 4, 2011
Just Wondering wrote:
I'm not sure Lyndell owned that much. The land on the corner I beleive belongs to Loyd Cleveland. Wasn't this one of the sites considered for the hospital.
Good question. Cleveland does own the highway frontage and the land at the corner of the southeast intersection of Highway 36 and CC. Hibner owns the property south of Cleveland, and Sewall owns some acreage that sits in the middle. So, just what did the City buy? It didn't include much, if any, highway frontage. It has no connection to the front part of CC. How will this site be developed without better highway access property, and without owning more highway frontage? Would the City have to eventually buy more ground?

The hospital site submitted was 30 acres of the Cleveland/Hibner tracts.
Natalie

Chillicothe, MO

#37 Jan 4, 2011
The 30 acre bid submitted for the hospital site by Cleveland/Hibner was $23k/acre or $690,000. Out of 12 site bids submitted, this site ranked 5th most suitable on the list. It was deemed a poor choice in the following categories:

1. Did not have convenient access to city center,
2. Potential adjacent site development opportunities were considered poor, and
3. The property was not within city limits.

It was considered an average choice in the following categories:

1. Convenient & safe access from Highyway 36,
2. Availability of utilities, and
3. Amount of required offsite sitework.

I would imagine these same limitations and drawbacks would apply to the Clevenger property which borders these tracts, with the addition of having so little highway frontage and direct access to Route CC.

Also, it begs the question if more land would have to be purchased in order to have this new industrial park land brought into the city limits.
Natalie

Chillicothe, MO

#38 Jan 4, 2011
frosty wrote:
<quoted text>
Just Wondering I found this on the KCHI Newspage. I'll just copy and paste it here since they update the page often.
New Chillicothe Industrial Park 12/31/2010 12:00pm
The City of Chillicothe will start the new year with a new Industrial Park on land purchased for $1.25 million. The 174 acre location is south of US 36 at Route C and will offer both highway and rail access, city utilities and is in the Enhanced Enterprise Zone, Foreign Trade Zone and is designated as an AT&T Fiber Optic Park.
City Economic Developer Terry Rumery says this is a big opportunity for Chillicothe.
<Audio: Terry Rumery 1>

Rumery says the Industrial Park has all that any company could ask for including highway and rail access, utilities and a customized incentive package. He says right now there is a lot of interest in Chillicothe
<Audio: Terry Rumery 2>
The purchase was funded through $625,000 from the city's MODAG/UDAG funds,$100,000 from CUM and $525,000 from the railroad reserve fund from the sale of surplus rails and unused portions of the city owned railroad.
Thanks for posting this information Frosty. If the City uses, what appears to be half of their railroad reserve fund for this land purchase, where will the money come from to do upkeep on the city owned railroad lines that are in use? In the future, work will have to be done to maintain the existing lines and how will that be paid for??!
Ben Bolt

Chillicothe, MO

#39 Jan 4, 2011
I'm a little disappointed money could be found for this but not for the hotel restoration downtown. I know I'm not in the majority on this topic but I really believe your downtown area should be were things start. Sedalia has a historic downtown and they have recently renovated several older buildings..including the Fox Theater. Now, smaller shops are popping up like tea houses, soda fountains, etc. It seems around here we are perfectly content on using the wrecking ball. Anytime I drive through a new town's square..I like to take notice..how unique is it? How much attention has been given to historic places? If I lived here would visitors enjoy walking the streets and checking out the shops? I don't know, it just seems like downtowns should be the focus...THEN improve your industrial areas. Just my opinion. But maybe the industry needs to be present before other areas can improve. We seem to certainly favor any corporate interest...but make it really difficult for mom & pop. St. Joe envy?
Ralph

Kansas City, MO

#40 Jan 4, 2011
Learn more about the finanical mess by answering these questions:
Who was the Attorney for the seller?

Who was the real estate broker for the seller and the city?

Who are the Associates in "Rummery and Associates?"

Who was the real estate appraiser for the land and who paid the appraiser?

You get those answers and you will know a lot!

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