Author Topic: So how does Yummi fill his time when he is slow at work?  (Read 355 times)

0 Members and 2 Guests are viewing this topic.

Online fabr

  • Administrator
  • *
  • Posts: 90739
Re: So how does Yummi fill his time when he is slow at work?
« Reply #15 on: December 28, 2017, 03:00:59 PM »
Good luck convincing all those that don't realize it.
"There can be no divided allegiance here.  Any man who says he is an American,
but something else also, isn't an American at all.  We have room for but one
flag, the American flag... We have room for but one language here, and that is
the English language... and we have room for but one sole loyalty and that is a
loyalty to the American people."
Theodore Roosevelt 1907

-----------------------------------------------------------
"I fear the day that technology will surpass our human interaction. The world will have a generation of idiots" Albert Einstein  (IT'S OFFICIAL THAT DAY IS HERE NOW!)

Offline Yummi

  • Grumpy, Sneezey and Dopey all rolled into one.
  • Administration
  • *
  • Posts: 42
    • Jeeping With Dogs
Re: So how does Yummi fill his time when he is slow at work?
« Reply #16 on: December 29, 2017, 04:38:06 PM »
So, I might have found a smoking gun......

http://www.260chat.com/town-government/hockey-in-payson/msg2510/#msg2510



Not gonna lie, it was good to see over 190 people at one time reading the topic.  Over 1500 reached via Facebook off the smoking gun post.....   My guess is we get to have more fun in the near future? 

Much more digging to do. 







« Last Edit: December 29, 2017, 04:45:57 PM by Yummi »
**********************
I like things that move.   Pretty much limits me to cars and strippers

Did you know I have a blog?  Come on now, it is 2016, everybody does.  http://www.jeepingwithdogs.com

Offline dsrace

  • VIP
  • *
  • Posts: 5379
  • my one true weakness
Re: So how does Yummi fill his time when he is slow at work?
« Reply #17 on: December 29, 2017, 08:36:47 PM »
I figure random police stops, code violation issues, and water service disconnects are in my future.   :nw

your probably right on harassment! i hope not but probably. the big question is....do you think the money has already been spent and everyone is just now seeing the fabricated paper trail? it sounds that way to me.


 that is why i asked the above
Don't never argue with an Idiot!
Because he will drag you down to his level and beat you with experience

Offline Yummi

  • Grumpy, Sneezey and Dopey all rolled into one.
  • Administration
  • *
  • Posts: 42
    • Jeeping With Dogs
Re: So how does Yummi fill his time when he is slow at work?
« Reply #18 on: December 31, 2017, 10:04:14 AM »
I requested the emails in support of the 25k spent.  Doubt I will get them.  I suspect I get to twaddle off to the court house for a more formal approach.  Or, maybe some good State agency can help me?   The local Tea Party and Libertarian folks have taken some interest in the issue.  I suspect the upcoming railroad planning meetings will be a bit more interesting now....
**********************
I like things that move.   Pretty much limits me to cars and strippers

Did you know I have a blog?  Come on now, it is 2016, everybody does.  http://www.jeepingwithdogs.com

Online fabr

  • Administrator
  • *
  • Posts: 90739
Re: So how does Yummi fill his time when he is slow at work?
« Reply #19 on: December 31, 2017, 11:41:24 AM »
Keep after it . If you get lucky you might even get a movement going to stop the thing. We weren't so lucky. The powers just ignored everyone and foolishly spent the money.
"There can be no divided allegiance here.  Any man who says he is an American,
but something else also, isn't an American at all.  We have room for but one
flag, the American flag... We have room for but one language here, and that is
the English language... and we have room for but one sole loyalty and that is a
loyalty to the American people."
Theodore Roosevelt 1907

-----------------------------------------------------------
"I fear the day that technology will surpass our human interaction. The world will have a generation of idiots" Albert Einstein  (IT'S OFFICIAL THAT DAY IS HERE NOW!)

Offline Yummi

  • Grumpy, Sneezey and Dopey all rolled into one.
  • Administration
  • *
  • Posts: 42
    • Jeeping With Dogs
Re: So how does Yummi fill his time when he is slow at work?
« Reply #20 on: January 13, 2018, 01:09:40 PM »
Just a quick update.   Lets just  say i am starting to make some noise? The local mayor, etc are starting to discredit me in the media, etc - must be getting close to the truth? 

Almost fun...  From our 260 site:

* * * *

Busy week. Two presentations by Mr. Chambless.  Working on a "jargon translator."   My take away?  They are willing to say whatever it takes to gain support.  Mr. Chambless indicated the prep school is now K-12, because everybody wants to send a kindergartner to "prep school." 

As an example, Mr. Chambless uses the phrase "Private bond placement" a lot.  A quick thought on “Private Capital” or "Private Bond Placement."  The issue is not the “placement.”  The issue is the guarantor.  All bonds are “placed privately” via underwriters, syndicates, etc.   The issue to zero in on is who is the guarantor?  I.e. – who is on the hook?  Not just first debtor, but second and third?  These guys are great with semantics.  Me, not so much.  ;)

It was great to see the Roundup give some voice to the dissent.  A good review of <a href="http://www.paysonroundup.com/business/prep-school-questions-fly-at-chamber-luncheon/article_8450e7de-3ce6-597f-8bb6-2e77d2203973.html?utm_medium=social&amp;utm_source=email&amp;utm_campaign=user-share">the Chamber Lunch was reported. </a>

A snip from the Roundup




Subsequent to that article, KMOG has been in contact with us.  Currently, it appears we are "conjecture."  KMOG is requesting we wait for "facts."  Their station, their rules.  They have requested additional information via email.  Here is a snip. 




So, that got me to thinking. This is a really long read.  Time to circle back and list all the potential issues in one place. Here is our  email to KMOG, and a quick reference / recap of where we are at:

* * * *   

Hi KMOG,

There are a couple of elements that are not quite right. All of this you can find on our site, but I warn you, it is a long read.  So, I will give you some highlights.   All with appropriate reference / foot notes.  I encourage people to read it all, and make their own decision.  I would encourage the same for you. 

The full thread is here: http://www.260chat.com/town-government/hockey-in-payson/

THE START
The plan is 600 elite prep hockey students and new rec center at no cost to the town. 

THE PLAYERS
CCP is owned by Lee Polozaja, various dealings including the defunct ammo plant.  Formed in July 2017.
http://www.260chat.com/town-government/hockey-in-payson/
http://www.260chat.com/town-government/hockey-in-payson/msg2507/#msg2507

Varxity was crowd funded in 2014, has no assets I can find and no history of actually being more than a concept.  They also have no current legal standing in Arizona that I can find.  The sole employee is a school principal in Edmonton.

SOME DECEIT?
After the deal was announced, CCP invoiced the city for work from June 21st to Sept 21st.  Neat trick for a company that was not in business until July.  I have requested email support of that invoice, to date none has been received.  Also requested response from CFO of town, to date none.
http://www.260chat.com/town-government/hockey-in-payson/msg2510/#msg2510

CCP has repeatedly indicated a 10 month process with Gilbert?  Gilbert is unaware of that as is AZ Ice
http://www.260chat.com/town-government/hockey-in-payson/msg2332/#msg2332

MONEY
This deal, as most, revolves around financing.  So, it is important to have a basic understanding of a revenue bond.  That is a bond guaranteed via future revenue of a district.  Think Pine Strawberry water and their recent $8m.  Cool, straight up bond.  A general obligation bond requires a vote.  A revenue bond does not.  There is a hi-bred that requires no town vote.  Only approval by the council like a revenue bond.  CCP is on record as saying no vote. 

A Combination Bond is a municipal bond with the coupon and principal guaranteed both by the general revenue of the municipality issuing the bond and by the revenue of the project the bond finances. If the revenue from the project is less than expected and is not enough to make payments, the municipality will make them instead. This appears to be a “General Bond” work around.  There is no apparent requirement for a General Election vote for issuance of a “Revenue Bond” with a backstop of general revenue. 

The verbiage has transformed in the process, today's Roundup calls it a “Revenue Bond.” 

http://www.260chat.com/town-government/hockey-in-payson/msg2382/#msg2382
http://www.260chat.com/town-government/hockey-in-payson/msg2383/#msg2383

THE CONTRACT WITH VARXITY / CCP / PAYSON
In a nut shell, the contract ignores the Town’s procurement policy.  There is nothing that allows a $250k contract on a “tri party” basis.  There are lots of other issues with it.  Like what?  Dubious jurisdiction, significant concessions to Varxity on a no bid basis to include a concessionaire agreement, etc. 
http://www.260chat.com/town-government/hockey-in-payson/msg2652/#msg2652

Pay close attention to Exhibit “E” to see what the Town gave up
http://www.260chat.com/town-government/hockey-in-payson/msg2386/#msg2386

IS VARXITY VIABLE?
In a word – NO.  Not at the level they discuss.  There are various “Elite Prep Hockey Schools” in Canada.  Most are under 100 students, 35 to 50k in tuition.  None, not a one I can find, at 600 students.  Most have a ten year ramp up to the 80 student level.  That is important because it changes the stated revenue of $30m to $3.5m  (600 *50k vs 80*35k)

http://www.260chat.com/town-government/hockey-in-payson/msg2580/#msg2580
http://www.260chat.com/town-government/hockey-in-payson/msg2626/#msg2626
http://www.260chat.com/town-government/hockey-in-payson/msg2790/#msg2790

THE COST
The closest like scale project I can find, excluding pool, was $27m C.  That works out to $21.5m US, pool, etc., we are looking at $30m.
http://www.260chat.com/town-government/hockey-in-payson/msg2790/#msg2790

THE 26 ACRES
Currently in foreclosure, not escrow.  Does not preclude deal with Varxity, but cannot find any document that shows that. 
http://www.260chat.com/town-government/hockey-in-payson/msg2371/#msg2371
http://www.260chat.com/town-government/hockey-in-payson/msg2768/#msg2768

CURRENTLY
I currently have three open requests to the town for documents, and one open email.  I don’t suspect they will be forthcoming.  I may be surprised.  But yes, I am a pain.  Sometimes it is just best to ignore that pain?
http://www.260chat.com/town-government/hockey-in-payson/msg2563/#msg2563

AGAIN,
All of this can be found on the site, the whole thread is a long read, well documented, etc.  No sign in is required.  All out in the open.   After you read it all, you decide if there is more to this? As with anybody, draw your own conclusions. 

Thank you, 

* * * * 

We will periodically update the list?  Avoid the long read, just get to the highlights? 

Thanks for reading.


**********************
I like things that move.   Pretty much limits me to cars and strippers

Did you know I have a blog?  Come on now, it is 2016, everybody does.  http://www.jeepingwithdogs.com

Offline Yummi

  • Grumpy, Sneezey and Dopey all rolled into one.
  • Administration
  • *
  • Posts: 42
    • Jeeping With Dogs
Re: So how does Yummi fill his time when he is slow at work?
« Reply #21 on: January 13, 2018, 01:27:33 PM »
Good luck convincing all those that don't realize it.

It is like trying to tell adults who BELIEVE in Santa Claus, there is no fxxking Santa Claus.    :m
**********************
I like things that move.   Pretty much limits me to cars and strippers

Did you know I have a blog?  Come on now, it is 2016, everybody does.  http://www.jeepingwithdogs.com

Online fabr

  • Administrator
  • *
  • Posts: 90739
Re: So how does Yummi fill his time when he is slow at work?
« Reply #22 on: January 13, 2018, 03:54:57 PM »
Wait,WHAT?!?!?!!!???? there isn't a Santa? WTF,how dare you attempt to tell me such a thing. I WANT my free presents...................



Keep up the effort you PITA citizen. Needle them till they have to respond with real answers.
"There can be no divided allegiance here.  Any man who says he is an American,
but something else also, isn't an American at all.  We have room for but one
flag, the American flag... We have room for but one language here, and that is
the English language... and we have room for but one sole loyalty and that is a
loyalty to the American people."
Theodore Roosevelt 1907

-----------------------------------------------------------
"I fear the day that technology will surpass our human interaction. The world will have a generation of idiots" Albert Einstein  (IT'S OFFICIAL THAT DAY IS HERE NOW!)