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Council OK’s $24.5 million in General Obligation bonds for Renaissance Project; Max Weaver says citizens were lied to (video)

Max Weaver speaks Feb. 20, 2018

MASON CITY – The Mason City council on Tuesday night gave final approval to sell $25,400,000 in General Obligation bonds and the city named a new source to help pay off the burden – a debt service levy on the backs of city property owners.

Debt service levies are taxes assessed on property owners to pay off bonds. For much of last year and through the fall  elections, the citizens of Mason City were told by the aggressive, well-funded, sometimes-vicious “YES” campaign that the hallowed Renaissance Project would not be a burden on taxpayers.  They repeatedly promised Mason City citizens that sources such as state grants, TIF revenues, local option sales tax, and developer repayment fees would cover the cost to repay bonds sold by the city to raise funds to build the downtown project, which consists of a hotel, arena, pavilion, skywalk, museum and convention center.

John Lee was absent from
the regular council meeting, but
magically appeared on the phone
for the closed session immediately afterward.
What kind of games are being played here?

However, as former Councilman Max Weaver pointed out Tuesday night, citizens were potentially misled or outright lied to about the potential pitfalls in the project. City documents and the council meeting packet itself now list a future debt service levy as a funding source to pay off the $24.5 million in General Obligation bonds the city intends to sell. Tuesday night at the regular city council meeting, John Lee (completely absent) and Tom Thoma (on the phone) were not in their seats, but a quorum was present. The agenda item authorizing the sale of about $30 million in General Obligation bonds for the Renaissance Project and other projects passed 5-0 with little discussion.

At the meeting, only one citizen spoke to the council with concerns about this massive spending spree backed up by taxpayers.  Former councilman Max Weaver rattled off some of the “YES” campaign members who allegedly helped spread falsehoods that taxpayers would not be on the hook to payoff the Renaissance Project.  He named Robin Anderson the “pied piper” who led the charge.  In his remarks and later in conversations, he also pointed to underwear runner and wine-drinker Lonnie Dirksen, smug banker John Prebeck, “wives” of city councilmen who relentlessly argued in favor of the project, fake news professor John Skipper of the Globe Gazette, Ventura’s Darlena Barz of KGLO radio and her employee Robert Fisher, also of KGLO, where much of the “YES” campaign was masterminded, social media campaigns, websites, illegally placed signage and more that combined together orchestrated the myth of no burden to taxpayers.  He alleged the “YES” crew “rigged” last fall’s elections, as well, to ensure the council was stocked with persons who would not ask questions or challenge the project.

“It’s like we were brainwashed,” Mr. Weaver said.

Southbridge Mall needs upgrades

Mr. Weaver also said the Music Man Museum is a bad idea and not many people will care enough to go; he offered that a law enforcement / police museum would be a better idea.  He says Southbridge Mall needs serious upgrades and fixes to accommodate the arena and pavilion and questioned whether mall owner Michael Kohan would invest in the structure.  He pointed to Kohan’s dubious track record with his other properties.

The council, immediately after the regular council meeting, went into closed session to discuss the status of 5 candidates for the city’s vacant City Administrator position. In that meeting, John Lee joined the council via phone – he was absent for the regular meeting. Sources tell NIT he pushed for consideration of a certain person for the job who may or may not have been on the list of 5 candidates brought forth by consultants.

The city council packet shows that a debt service levy will be imposed in the future to retire the bonds.
YES campaign mailer in city water bill mailings.

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Mason City Council – unqualified morons acting like the good ‘ol boys elected by a majority stupid population running what’s left of this town into the ground. It’s the citizens of this town that will eventually get screwed cause they are dumb, lazy and stupid to stand up and do anything about it. They are scared ‘cause they might get singled out by the idiots they voted into office.

This is as funny as eating a fudge popsicle while sitting on the toilet. 🙂

When this little G8 entity fails to raise the private $10M minimum required by state law for this Hotel project the IEDA Board Will have to cancel it’s recent contingent approval of the MC Renaissance Project.

Thus there will be no hotel and no $9.6M over twenty years of diverted state sales tax assistance to MC toward re payment on the City’s General Obligation bond debt.

But don’t fret.

By voting to approve all those millions of GO bonds last November, voters gave the Councils for the next 20 years full authority to levy new debt service property tax on all of the taxable property in the city.

Thus at the 2/20/18 council meeting the truth had to be included in the list of revenue sources the city expects to tap into to retire this massive new GO bond debt. Including new debt service
property tax on you dear citizens.

So who lied to who in 2017?

False.

If G8 is unable to provide the required private investment, the project is dead in the water and doesn’t progress

I did alot of research nation wide and don’t give me that FALSE politically correct bullshit – it’s property tax funds or did you grow the millions of dollars in your back yard ? Not say you are or are not a weedie – you know like a snake in the weeds.

Where did you do your research? You can’t even correctly tell me the source of TIF revenue (hint: it’s not property tax payers), so why the heck would anyone care about your ‘research’ ?

NIT once again exposes the truth – we were all lied to, bigly, by these knuckledraggers. Would someone please call the Attorney General’s office on Monday and get this thing stopped!

Politicans and shysters sure can twist the truth/fact – Must have learned that from liberal democats like the ones that own the Main stream media cnn/abc/cbs/mcbs – Bill Mayer like sleazeballs.

TIF – this TIF grant etc Money).what ever came out of the general fund used to pay city expenses – The money was put there buy property owners so how can you say city taxpayers are not funding TIF – Oh yea after 10 years the city will start collecting property taxes from these property owners –IF they are still here – plus the skating rink and overhead walk will generate no future taxes as they are public property. But you will probably will tax them anyway and divide the cost to each tax payer. Good old game if your the owner or an official we would say.

TIF isn’t grant money, genius. The TIF funds in this project are repaid by the hotel operator and the mall owner.

The multi purpose arena and skywalk will absolutely contribute property tax revenue to the city – both are indeed privately owned facilities which must pay property tax.

gangster kohan will reap thousands and thousands of dollars a year in lease fees for the arena, right out of the city coffers – let the scam commence

ps will he ever pay his overdue taxes?

Who cares if he pays his past property tax?!?! I sure don’t as it won’t affect the funding of the River City Renaissance one way or another. Tax liabilities are not dismissible, the city and county will get the money one way or another (by tax sale in the worst case scenario).

TIF is part of your property taxes – anyone saying different is a liberal liar.and probably on the take $$$$

False

You really should do some research before you make comments on things you know nothing about. You’re only proving to everyone what kind of the on educated fool you really are.

You had the vote numnuts but it corruptly said NO G O bonds with a tax levy attached would be issued – Therefore nummy that agreement is void due to corruption and lies as any Conservative judge would read and prosecute such perpiTRATIORS OF THE FRAUDULENT DOCUMENT.

Completely false. GO bonds have been a part of the funding source since day one and ballot language (which was overwhelmingly supported by the voting public) was congruent with this intent. A property tax levy has not been created to repay the GO bonds related to the River City Renaissance. You are being misled by poor ‘journalism’.

step away from crayon box. Roflmao

Love indeed!

DISGUSTED
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February 23, 2018 at 9:26 pm

Our house is going up for sale and we are getting out of Mason City.

I am tired of paying for this kind of BS. I am not going to reveal who I am but I suppose if you watch the houses sold in the future you may be able to figure out who I am. I am betting there are going to be more like me that are just plain tired of being scammed

Iowa code (law) 384.26 – cities with populations of 5000 to 70000 cannot issue general obligation bonds in excess of $700,000.00 without a public vote.

We already had the vote!!!!! It passed with a overwhelming majority!!!!! Gawd, this site finds the dumbest of the dumb!

I question the legality of that vote. So many things have changed it should have went to another vote whether it is still legal or not.

Someone should challenge it in court. I would contribute!

You question the legality of over 60% of voters approving the measure?!?! The only material changes to the project since the vote have been to the betterment of the City, so what would be the basis of your suit? Is sour grapes a legal theory??

Easy read – if tax levy is issued then contract was broken and such parties responsible for this fraud are open to criminal prosecution.

It’s too bad biased and misleading ‘journalism’ cannot be criminally prosecuted.

Vain. lol

Do like the corrupt demorats did – get a FISA warrAnt and clean house on the corrupt politicians and the people who paid them – FOLLOW THE MONEY !

Clear lawful statement – NO ! G O bonds repayable with debt service property tax levy WILL be sold – Now they say their will be a tax levy issued for these bonds issued ? EASY ONE – they just broke the contract so get a judge to nullify the contract as it was breached – falsified – corrupt. Sue them to stop this bullshit.

How are you so easily manipulated? The river city renaissance GO bonds are not repaid by a property tax debt service levy. You’re just being misled by NITwits.

Once again Matthew gives voice to his mistress Robin A. She lives on forever occupying rent free space in Matts head

If the details of this article are true,
“the city named a new source to help pay off the burden – a debt service levy on the backs of city property owners”
then yes, it appears we have been lied to.

I told you folks. They can never be trusted. The school board is the same way.

Who can’t be trusted? North Iowa Today? Weaver??

Weaver and NIT CAN be trusted and there is no questioning that.

It is the Mayor, City Council, and the do gooders that can’t be trusted. In Mason City the big shots are out to fleece the taxpayers out of their money.

You trust the guy that sent away the casino, target distribution, and Prestage and lobbied for strip clubs?!?!

Our house is going up for sale and we are getting out of Mason City.

I am tired of paying for this kind of BS. I am not going to reveal who I am but I suppose if you watch the houses sold in the future you may be able to figure out who I am. I am betting there are going to be more like me that are just plain tired of being scammed!

You really are dense, or else you are just a asshole. Obviously the city government and the school board can’t be trusted and will lie to get what they want.

There is a Music Man Museum in Music Man Square, but no one goes in it.

What would Loni say” Well once my hubby gets that job as the county auditor I wont give a hoot. “Bring on the wine and craft beer folks”. Let’s parteeeeeeeeey.

Is the author of this article purposely trying to be misleading or is the author a dullard? From day 1, the funding source was always a general obligation bond. Weaver himself created the petition to mandate a vote on said general obligation bond.

The general obligation bond will not be repaid by Mason City property tax payers. The GO bond is repaid by state grants, TIF financing, and developer fees.

No re-writing of history to be done. From day 1, these were always general obligation bonds backed by the full faith and credit of the City of Mason City. Nothing has changed, liabilities have not shifted, and its the very same deal that Weaver petitioned a vote for.

Here is the EXACT ballot language that the citizens voted upon and overwhelmingly approved. you may note the the 13th, 14th, and 18th words in the ballot language are ‘general obligation bonds’. What is deceiving about this?!?!? This is exactly what Weaver petitioned for and the citizens approved.

Shall the City of Mason City, State of Iowa, issue its taxable general obligation urban renewal
bonds in an amount not exceeding
the
amount of $14,000,000 for the purpose of aiding in the
planning, undertaking, and carrying out of Urban Renewal Projects
under the authority of Iowa
Code Chapter 403 and the Urban Renewal Plan for
the
Downtown Reinvestment Urban
Renew
al
Area, as amended from time to time, including those costs
associated
with
the
acquisition,
construction
and equipping of
a
Performing
Arts Pavilion, construction of skywalk connections
between various
buildings
and facilities and other related and supporting public infrastructure
improvements, including streets,
intersections
, sidewalks, traffic signals and sewer
improvement
s; renovation,
reconstruction
,
improvement and equipping of The Music Man
Square Complex into a Convention/Conference Center, and the
construction
and
equipping
of a
new Museum Facility, and financing one or
more economic development grants to
fund
the
acquisition,
construction
and
equipping
of a new Hotel Facility?

Your mailer says ‘no general obligation bonds payable by the property tax levy’ and this is indeed still the case and has not changed since day 1. It doesn’t say ‘no general obligation bonds’.

The GO bonds are not repaid by property taxes (they’re repaid by state grants, TIF, and developer fees), but are backed by the full faith and credit of the City of Mason City.

You forget the the Yes voters were told this was a done deal by some of the council members, then the faisco with Chorder happened. So the Yes voters were lied to.

Did anyone really doubt that it wouldn’t eventually come to this? Ha, these are the people, the few voters chose, to run our town. Gloom, doom and despair.

can we just scrap it all already? Everyone knows its going to fall on the back of the taxpayer, it always does.
Youth hockey has ZERO chance of raising 2.000.000 as well

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