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08/06/2014

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David K

This is one of those sports park deals where the company says "you put up all the money to build and then we'll construct and manage it for eternity." The contracts are always tricky and allows them to basically do nothing but let the place go to ruin and they collect a hefty fee for "managing" the place... even if it is closed due to disrepair.

Rotten Peppers

Is DK talking about the water park or the ball park? Same deal, IMO. I guess they don't have bible quotes at the ball park.

Max Powers

RP,

The ballpark and water park are distinct.

Unlike with the waterpark, the City already had a ballpark, but provided little to no value to the City. Mind you, the new ballpark was approved by voters.

Love,

Max

Tumbleweed in Chaparral

Max,

The ballpark was not approved by the voters, only the manner of financing the money pit.

will

"This is one of those sports park deals where the company says "you put up all the money to build and then we'll construct and manage it for eternity." The contracts are always tricky and allows them to basically do nothing but let the place go to ruin and they collect a hefty fee for "managing" the place... even if it is closed due to disrepair."

you could say the same thing for the ballpark. foster's company built it and the taxpayers will pay for it because the "hot" wont cover the interest and the city hall move will probably come out to over 100 mill if anyone at the city would show the real bill. instead of a hefty fee the owners get hardly no fee to use it.

Max Powers

Will,

The Ballpark is not the same thing.

The City had a ballpark already that it owned that was dare we say lacking.

In this situation the City does not have a water park.

The City Hall move came out to $100 million? Really?

Love,

Max

Ghost of Naysayers Past

The only difference here is that the ball park was overwhelmingly approved by the voters along with the bond projects.

The smartest one in this e-room.

Teaching the kiddies about Jesus while going down the "Slip n' Slide" makes about as much sense as taking a cooking class at a rock concert. Or perhaps I couldn't be more wrong.....Welcome to "Holy Water World!" What funner way to get baptized than by going down one of our 75 slides at 30 mph?! Do you have the courage to go down our tallest ride and try to part "The Red Sea?" Or perhaps you'd like to take the fam on a relaxing ride around our spacious park by boarding "Noah's Ark." And if you kiddies get a little hungry, stop at "Pharoah's Cabana" for some delish deep-fried manna. And you dads might enjoy "King Solomon's Cabaret" where the 'Harem Harlots' perform twice an hour. It's a sin NOT to take advantage of our buy two fish/bread/communion wine lunch specials and get the third half off - this weekend only.

Rotten Peppers

The City Hall move came out to $100 million? Really?
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U reports the whole enchilada - stadium; Times purchase and remodel; Texas ave same; Luther same - to be $200MM+/- But you'll never know just like you can't figure out if the stadium will cover its costs next year from the new budget document.

These inconvenient facts are not for public consumption.

Max Powers

These inconvenient facts are not for public consumption.

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RP,

You can always do an ORR, but you won't.

And to your point of $200MM for all that? Then that ain't bad.

Love,

Max

will

ballpark was only approved by the voters on how it was paid for as in the "extortion vote" which by the way will not pay the interest. just wait till the amount of what we spent to move comes out. paul gave us a building that we spent 14 to 18 mill to renovate using his own construction company. if he made 10 percent thats 1.4 to 1.8 mill on a building he donated that was worth 400k(cad). then there is the parking lot and the el paso times building that cost around 15 million not counting renovation. then there is that third building that i dont know much about on texas and its remodel. 75 to 100 mill would not surprise me at all max. does anyone realize that had we given the fucking stadium that we would collect more money. no payment for extra police. no payment for repairs. their property tax would be 2.4 million each year at least. much better than that 400k a year rent.

Max Powers

Will,

Paul Foster became a billionaire not from construction, but from turning around a failed refinery. You're smoking ass crack if you think Paul is making millions upon millions from this deal regarding the stadium. Paul has made his money, and if wants to make another billion it won't be from the stadium.

That being said, what are your thoughts about the waterpark, and what are you going to do about it?

Love,

Max

will

that's not the point i was making about the luther building. the point i was making was that even though he donated it he made way more money than he could have selling it. you were right when you said the ballpark was a real estate deal. paul didnt want to have to drive across real estate to the ball park. he wanted and demanded that he could walk to it. i did respect what he did at the refinery when the others(douglass, cant remember the others) tried to screw him way back when, but with this baseball park thing he basically made sure he got his donated money back and then some. rotten peppers calls it an invoice attached to every donation, but i call it bartering or indian giving. i dont think paul is making millions on the ball park, but he damn well made sure he wasnt going to lose anything and maybe make a little to pay his wife and josh hunt so they can feel good about themselves. i thought the way the whole thing went down was pretty ruthless and pretty petty on his part.

as far as the waterpark ? i would worry more about seeing if there was a way to funnel money from the bonds(voted on) to make Cohen into a soccer stadium. you discussed this a while back. you thought the arena money should be used on a soccer stadium. i know the arena was supposed to be downtown, but i think thats a waste. all that will happen is we will tear down the civic center(more money wasted) and build an arena. i think the arena is a waste unless you do a jerry jones roof so soccer could be played there(grass) along with basketball. maybe put it where cohen stands now.

as far as the waterpark ? maybe someone should ask Shlitterbahn about putting a water park here. the religion thing with the other group doesnt bother me, but i would feel more comfortable with someone who has owned a waterpark and not just ran one. i would want them to own it and pay taxes on it. give them incentives because they are a new business to el paso and not another mall or hotel. it would not be owned by the city. i would offer Wet and Wild a shot also. Why should New Mexico have a water park and only get that money. the big question is about water supply. do we have it ? could the brackish water aquifer work ? i know swimming pools have gone to salt instead of chlorine, but im sure the brackish probably has a higher salt content. i swam in brackish water and the gulf(salt)all my young life in florida. im sure it would be more corrosive on the pumps, but at least we wouldnt be using our better water aquifer. not sure if the water used at the park could then be diverted to the desalination plant. its not that far from my best guess. of course it would be circulated at the park, but eventually it has to be cleaned or sent elswhere.

my answer might be "no" just based on our water supply. what has the psb said about it ? i know i rambled through this, but you asked. as far as what i can do about it ? move to new mexico.

Max Powers

"move to new mexico."

So what's stopping you, will?

Love,

Max

Rotten Peppers

The "religion thing" should bother anyone whose tax dollars go into this, except maybe the Rev. Brown. I mean, can you see it, "Jesus doesn't like it when you pee in the water, Children."

Ponce

Why should the religion thing bother anyone Rotten. Its funny how someone complained a few years ago about the children having to watch a Christian film at school to get a gift at Christmas by the very people who were donating the gifts. Some of those kids don't get anything. Shit, I hated having to sit through my Liberal, Atheist, teacher's lecture in college that I had to pay for except for the gift I received from the chic who sat in front of me(and other places), but it was worth it. If the religious entity had been Muslim I'm sure Beto and Obama would be all for it, but Jewish or Christian ? No way.

P.S. I don't like it when Pedro, Jesus, or Pancho pee in the water either.

Max Powers

Ponce,

It will bother you. More next week as to why.

Love,

Max

Rotten Peppers

Why should the religion thing bother anyone Rotten?
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The free practice of religion is not to be done at the expense of the public. If it is a public paid for facility, then save the Sky Fairy stuff for church.

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