Cuyahoga County taxpayers in these depression-like times have paid $91 million into the fund for the Medical Mart deal. Does anyone notice?
The Plain Dealer, our news media of record, appears to have forgotten that we have a near – or more – $1 billion project. The Med Mart has slipped off its radar apparently. Coverage seems to be much more interested in who is running for county council in who knows where and who cares less.
How about telling us something about the biggest money project since Gateway, PD. Hundreds of millions of dollars to be spent. All public dough. Or is it going to be the same old story – we’ll tell you when the overrun is drowning us.
Also, where ARE those candidates for new County offices on this issue?
As of the end of March, the extra tax burden on county residents here has produced $91,310,921.10. It comes in dribbles. But that’s a lot of money.
Where is the Tea party? Where is our public money watchdog Kevin O’Brien?
So far this year the quarter-percent sales tax increase by our County Commissioners – Tim Hagan, Jimmy Dimora and Peter Lawson Jones – has produced $10.6 million.
That appears to be at a rate to produce some $42.4 million a year. The tax originally had a duration of 20 years. At this quarter’s rate of $42.4 million it would produce $848 million. One can expect prices and sales tax receipts to go up over 20 years. The tax commenced at the beginning of the year 2008.
So with the economy picking up slightly it appears the sales tax will be bringing in much more than first predicted.
Roldo Bartimole celebrates 50 years of news reporting this year. He published and wrote Point of View, a newsletter about Cleveland, for 32 years. He worked for the Plain Dealer and Wall Street Journal in the 1960s.
He was a 2004 Cleveland Journalism Hall of Fame recipient and won the national Joe Callaway Award for Civic Courage in 1991.
8 Responses to “Roldo: Medical Mart Money Piling Up at County”
William
The fact that this much has already been accumulated should be considered a good thing, since the only reason you or anybody else considers it a 1 billion dollar project (which is the estimated total of the 425 million dollar project with the cost of borrowing that amount)
The more that accumulates before that happens, the less that has to be borrowed. So Im pretty sure the total still being quoted can be reduced. Im guessing to about 800 million now, but hopefully we will have much more accumulated by the time the remainder needs to be borrowed thus reducing the total burden even more.
b
NO i am NOT “THEM”…is THAT fair usin SOMEONE elses whutever…probably..in THIER case FREE PR..hey…WAY OUR ‘econ’ goin…land of http://www.fu*kingmachine.com AMONG others BUT THAT IS ANOTHER all Tooooo real story….talk to ANY deliveryservice,late nite shopper,etc.etc.Just sayin…ANYWAaaaaaaaays…(PS..gonna hit submit comment n see if THAT takes or not….
MMPI..makes SOME decent sense…CAN make HALF a arguement vs.WElll REST of ‘it’…yeah get whiteshirt pinstripes runnin round on expense acct w/VAGUE hopes of SOME kind of rolodex @mail me later WE can do a deal type biz spinoffs as well as biz for CASINO BABY CASINO! ……people CAN relate to THAT….OTHER stuff like ClevelandTHATISAIDEA?!.com is welll…OTHER cities can n have done said n THEY can get away w/THAT cuz of THEIR culture BUT HERE….
b
YES!! @mail took…Ok….NOW can go to town…
PORT authority…move WHA were for HOW much $$$ to go WHERE to muck up wha n DISRUPT HOW much biz BOTH users n WHOEVER has 1/2 decent whutever around E.55th let ALONE *$@*X round w/BOATING n OTHER crews to BUILD WHA which LONG since UNDERUtilized CUZ LOST how much mfg,etc.etc.SERIOUSLlllyy..AND THIS AFTER the BIiigg ISSue 6 CUYAHOGA county reform drive…SERIOoouslly…THIS wiggedout last straw tiny gov agency THINKIN this would be econ developmental ‘banker’ w/unlimited lending authority TRYIN to ape a BIG bustling port deal ?….
BURKE…$1 mil subsidy CHEAP….WHO has WHA kind of $$$ to move WHERE to PUT UP WHAT for HOW much (EVEN w/3% loans n tax abatements n that $7M cred STILLLll..)n get SHELLACKED by WHAT kind of *$*@*&X&@ weather…LIKE REPLICATING WHOLE city OUT there….CAN already pic this LasVegasesque semi abandoned horror OUT there w/COUNTY aka “US taxpayers” n banks aka TARP,etc.etc.dealin w/this *$*@ OUT there…..LIKE CREATIN A REVERSE abandoned LANDBANK OUT THERE…USUA.OTHER way around…. this n that concrete street..HEY..REuse ol landing stripes for THAT…
WE AINT CHICAGO……WHO IS GONNA STAND UP THERE n say LETS ROLL OUT MORE redcarpet for wannabe hicchicsexincitywannabeYuppites who gosh knows were get THIER biz,$,etc.while REST of CITY goin thru *$*@*n payin trashtax n LITERALLY DOLLARED to death…espec.on PARKING meters,n OTHER….PUT ANOTHER way…UNIVERSITY CIRCLE…UNDERSTANDABLE…CAN make a
‘case’…IN A WAY can for Warehouse Dist.n REST OFF shoreway…BUT FINALLY..WE LOST how many banks,etc.etc.PUT ANOTHER way….OTHER cities,etcCHASIN SAME mantras….USED to call it SMOKESTACK CHASIN…JUST another form of it…HOW much stuff w/signs on it…..
IF a CIVICINNOVATIONLAB n rest can make go of it GREAT…all for it…guess could say brick at a time deal n life goes on n all THAT jazz…ok fine..
b
Im kinda analyzin n hittin everyone herre but hey….LEAST w/MMPI MedMart…IF rigged way I read it THEY can ONLY get X%# of $s from us…$425 MILLION n whutever runs OVER that….wellll IN reality $800 MILLION…COULD say RELATIVELY painless….ON big $$$ ticket items…IM SURE FOLKS NOW lookin at surrounding counties n rest…CARS..stuck…were ONE LIVES…cant get round THAT…Wellll CAN but is it worth ALLLL THAT jazz…..HEAR wha first commentator sayin n SOMEHOW less of a sting…
BUT CONSIDERING ALLLLLLLLLLLLL the taxes n OTHER stuff goin ON….n TEAPARTY crew n rest sure playin THAT pup to PANDERINGPALIN fullest…yeahhhh NOW can HEAR n READ alllllllll the *$*@*X cuz SAID THAT…
b
MMPI…semi sad when BEST outcome is WAITRESSES,strippers,ladies of the whutever,taxi drivers n rest COME OUT best in THIS deal…..
DID this help lead to a ISSUE 6..THINK SOME have cited THIS….SUSPECT just the frosting..PUT ANOTHER way…PLAINDEALER..gasp I just hit a powerful pillar of the….THEY had that article bout usin ol Ameristrust Twr bldg for FIRE n EMT drills….CAN pic the “CENTER” THAT would get TURNED into FOR THAT…..entertaino for lunchtime crew…n rest…sure “OTHER” n dont reallly want to find out bout THAT….
Mez THINK FOLKS TIRED of alll these wannabe PUBLICLY supported projects…BROWNIES n rest ONE thing….aka CAVS….FLATS…suspect FOREVER semi pigeonpoopinparkinlot&/or muckhole….
b
SAME *$*@…THIS website for real..woooow…UNreal…profiled in a CLEVELANDmag…WHICH ITSELF is well ANYWAYS…this semi stalker surreal voyeauristic celeb Rich n fam ponderouspanderingwhutever THAT I GUESS did LOT of mktg research n figure folks LIKE ESCAPE or whutever from dailywhutever n Soooooooooo…..COULD READ LOT more into THAT n SOMETIMES THEY can rise to occasion BUT THAT aint alllllll THAT often but AGAIN different mantra n all THAT htou THEY do cross that threshold OCCASIONALLY….ANYWAYS….
THEY flung in THIS article bout THIS ‘lady’ runnin round CROTCHIN STOCKINGS for ………… IM SERIOUS…WHA ARTICLE SAID… PARKING METERS…OUR work shift went *$*@ LOL when read THAT…know lady means wellllll n alll THAT but TRY n peddle THAT n REST of stuff see in LOCAL media n NOOOoo wunder TAKIN A *$*@*…….
ONLY thing MORE *$*@ is this JAPANESE babydoll franchise called SuziYume saww somewhere doooown in TREMONT…THERE was the storefront window…wooooow….macabre romance novels n little 3′ girl herself w/lace UP LEATHER boots….WHA can I SAY… THIS was like down by like Professor Or COllege ave by W.7th or Literary…”storefront program’…..
WE MAY be goin Euro way dooown the road BUT SOMEHOW THAT aint gonna be MUCH of a whutever for US here….not sure EXACTLY WHA WILL BE….maybe I have a stick in mud mindset BUT….EXTREMES..go from ruff n tumble semi biker deal W*F is THIS *$*@ mojo to wellll….SEEN SOME of the YUPS in action….wha can I say… BARS n such…wha LAST econ engine….WUNDER HOW long THAT pup will run around…Go to LATEST GREATEST, watch the sushi knives fly, pan on fire n ‘decorated’ HOW LITTLE is THAT meal n desert dish….
b
FIGURE JUST ADD UP ALLLLLLLLLLLL the #s…ALLLLLLLLLL of it..IF can if u know wha I mean…n THAT alone IS ENOUGH to cause folks to…
FOLKS go thru WHAT allllllllllllll the time to keep goin….
FOOD FOR THOUGHT..we SPEND HOW much TIME,$,effort,etc.to spit out WHA educated,etc.n SHOULD HAVE = of a BostonHiTechCorridor or a mini SiliconValley,etc.n STEAD have this…ok could say CERTAIN PAST %s *$*@# w/City so could continue influence BUT IN A SENSE PAST THAT for SOME time NOW….SUSPEC ONLY X%# of people have RIGHT brain thing goin on….
TECHNOLOGY…gonna be INTERESTING…CAN pic it NOW… nano meets bluebrain meets whutever else…GIVES NEW meaning to term ‘viral virus’…HATE to sound like alarmist…watch poo “doll’ get OVERWHELMED cuz of it ALLLlll n just sit there ‘dazed’…okk so gettin OUT there….poo thing be Sooo loaded w/anti spam anti static,etc.’software’ wouldnt be funny….
b
THANK YOU THANK U n coolcleveland for http://www.cuyahogaswd.org RET3 Job corp thing…..Loooooooong overdue..not perfect BUT HEY..wha is….