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As far as I can tell, the City of Lake Worth will be voting on its first Budget Amendment tonight in order to settle the lawsuit with the flim flam man--$1,600,000.00. Did you count the zeros?
Here's a company represented by a guy who never had any intention of developing our beach for if he had he would have performed during the contract. He did not do one thing. He strung us along like a wet noodle until we no longer could take the abuse. Then he held us up to hostage with a lawsuit.
His contract was structured by Boose Casey and Brian Joslyn, who ironically is now the outside counsel for the city of Lake Worth. He is the same guy who tried to sue, on behalf of the city, those in We Love Lake Worth PAC. We sure know how to pick them.
24 comments:
Lynn, where did you get the information $1,600,000.00?
why cant we get real educated people, not like clemens ,the reputation of lake worth is still around
I don't know why anyone is surprised. Of course the city lost and those who fought to act in bad faith should be shamed for what they've done.
Well, who acted in "bad faith" anonymous? No one acted in bad faith throughout this entire process other than Willard and Greater Bay. I might now throw in Joslyn into that mix as well.
And the City paved the path for this all to happen. A contract is a contract and somehow that commission and administration decided they were above contract law. Like it or not the City gets exactly what it deserves for being so cavalier. I'd call it a joke but its not even close. I can only hope there is also personal liability for being so out of touch with reality.
the city made a dreadful contract. Brian Joselyn admitted that we had the right to cancel it. So what ARE you talking about?
Of course we could cancel the contract. But that dosen't mean we are still not obligated to the agreed upon terms of the contract.a You don't need an NBA to know that.
Mr. Joslyn also said that the paper trail that was left by the cabal, and the MINDLESS Blogging that went on was one of the greatest reasons for our demise.
Anyone can cancel a contract for cause. If your champions of social justice had just waited him out instead of jumping the gun, we would not be in this position.
McNamara's bogus lawsuit challenging the 20 year leases as being against our Charter clouded the title and allowed Willard to not perform. The cloud on the title would prevent him from getting financing, which he could NEVER HAVE GOTTEN due to his experience and financials.
At least Willie Howard didn't leave out the part in the Palm Beach Post article that puts much of the blame on the wild lies being put forth by your social justice heroes as a big reason four mock trials would have REALLY screwed us to the tune of $9 million to $20 Million.
It was not JUST them, though. The chambers were filled with people who cheered when the brand new commission's first order of business was to break the Greater Bay contract. Many of them oblivious that what they were being fed (high rise buildings, our beach being sold, national high end chain stores and shopping malls, not allowing public access, etc.) were BIG FAT LIES!!
Sort of resembles the boxy graphic passed around about how keeping the heights we now have, and have had for almost 100 years, will "absolutely" make Lake Worth look.
Ms. Hennesy, with expertise in that field, told each commissioner that Willard's financials would not allow him to perform. He would have had to breach the contract when his charade was revealed, and that they should just allow him to crash and burn. Maybe this commission will learn and listen to knowledgeable "regular citizen tax payers" in upcoming electric negotiations.
So there is plenty of blame to go around. What was pitiful was McVoy, in the face of all that embarrassing information about his predecessor, voted against paying the piper so we can finally move on. By voting no, what was he implying was an option?
c
Ms. Hennessy is a mortgage broker. She is entitled to her opinion. Who can say if Willard would have eventually moved on. That was NOT his objective. He could have tied up our beach until the end of time or until/unless we settled.
Under the zoning change, anything was possible on our beach, yes, even a small hotel. all the information distributed by the Pac WAS checked by a lawyer for facts.
Everyone is entitled to an opinion but not according to you or to Mr. Joslyn. Is that it?
Apparently, those members of four mock juries had opinions too.
Seems they may have considered the hotel, sky scraper, condominium, plausible scare tactics, lies as well.
But you are probably right.
What do you suppose McVoy's alternative was?
You are close to him, right?
The first time this cabal gets back into power, they piss away all this money. Sick.
Yes and the reality of it is that the city is powerless to stop it. This is a well thought out plan that works remarkably well if followed properly.
Thank you Commissioner Mulvehill for saving our building! Thank you for stepping into the political ring to look out for all of our best interests. This is a project that will pay for it self and make us all proud (and a developer's pockets lined) Thank you for overseeing a building that will stand the test of time. Your legacy will only become more clear as we file for bankruptcy. Just thank you, thank you, thank you. Oh and thank you Cara and thank you Commisioner McVoy, Mr and Mrs McNamara and all your loyal followers. Your brand of politics has served this City well. Thank you!
Is anyone going to reveal what the alleged "false information" is that Jennings and Mulvehill are being accused of? Or is slandering former commissioners without providing evidence Triolo and Zerdi's idea of ending the divisiveness? And after having to suffer Zerdi's stultifying lecture on transparency, one would expect there to be support provided for such an accusation.
By the way, Mr Willard was a wizard at forming business entities and partnerships and joint ventures. I'm sure that for a $40 million profit (that's not revenues, people, that's PROFIT) he could have found a partner or 20 who could finance or get financing.
I had a spreadsheet, don't know if I still have it because that was about four laptops ago, that forecasted the revenues, expenses, and profit for Greater Bay. It was based on market research and the terms of the lease. We determined that GB's profit would be approximately $1.5 million per year. We also calculated that the city's expense to provide services at the beach, services that were agreed to in the lease, exceeded the lease payments. The city would have started losing money on the deal in the first year, and our losses would increase each year as wages and pension costs escalated year over year. I remember mentioning this to Mr Rinaldi and he looked at me as if I had two heads. I didn't realize at the time that Mr Willard was a guest at Mr Rinaldi's B & B establishment. I suppose he can't be faulted for falling under the GB spell, but I had expected that others had calculated the city's potential losses and were more informed. Apparently that was not the case.
So I believe that ending the lease was the right thing to do, and moving forward with our own project was the right thing to do, and self-financing the project is the right thing to do, and settling this lawsuit and moving on is the right thing to do. I just wish that my mayor and commission could have accomplished it with a bit more dignity, something they could learn from some former commissioners, in my opinion.
Excuse me 9:26 a.m. WHATEVER EXCESS OF MONEY THE CITY MAY HAVE HAD WAS PIDDLED AWAY LONG BEFORE COMMISSIONERS JENNINGS & MULVEHILL WERE ON THE SCENE!
Boose recently got out of prison.
Where did you get the until then confidential settlement amount proposed at 4:45pm Nov 14, 2012when the shade meeting hadn't ended yet, and the sunshine meeting was not scheduled to start until 6:45pm? and why did you think it was beneficial to post it prior to public knowledge? Isn;t that what led to the trouble that caused a settlement in the first place?
tp-
It was in the back-up. It WAS public knowledge.
Would you mind sharing the linkto the backup you mentioned? It was in no backup that I had seen as of 6:30 when I walked in, but, then I have not been at this as long, so maybe I missed it?
You missed it. It was all there on-line to read and interpret.
That's ok,if you can't find it. I emailed the City. If it was posted, Pam will send it to me.
Just got home--here is the link
http://webmail.lakeworth.org/agendas/2012/111412%20SM.pdf
The idiot who commented on Laurence McNamara's Charter Amendment has no idea what that is.It saved lake Worth Beach from give-away to flim flam artists with 92 discovered judgements from other Towns, by Coakley,for 40 years, blocking any revenue potential for our City,profit sharing clause,eliminated from the illegal Contract.A lease for 40 years could have been sold for 20million dollars, and allow the flim flam paupers, con artists,to just walk away from lake Worth and leave the mess it was.It is advisable to comment only about matters one understands and knows.One might be taken for intelligent.Greater bay had 90 days to submit proof of funding and after 2 years still could not.flim flams now have money thanks to useless,incompetent Commission.The Lawyers Laurence McNamara recommended,would have proven the illegality of the Contract,but the irresponsible stupid arrogant, Commission chose to ignore it and wanted to play big shot,by paying our $2.600,000.-
for non performance,inability to submit proof of funding of Greater bay.The City hall morons cost us millions.and the City manger listens only to mat linsey,I heard the abrasive, devious bi-polar nutcase,Pam Lopez and Triolo's confidante,City Hall volunteer, who now has access to all our private info.and can blackmail us freely, with Pam Lopez collaboration.No one else is allowed to volunteer at City hall,she told me years ago,for reasons I was told,all the too sensitive info of Citizens.
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