19kiefer94
Registered User
It's not like I hate cool **** built in my hometown, but they these guys only do it when gifted public money.
I have not been able to read the most recent batch of articles, so I'm not sure if all this info is public knowledge but this is what I know for fact about th situation:
1) as part of Stuart Olsen's contract to do the renos on the convention centre, it was agreed that Stuart Olsen would find a developer for a hotel for the land across from the Carlton inn. If they failed to do do they fever a roughly $16 million fine. They couldn't find someone to develop so tried settling with a payment of $3.5 million.
2) chipman was approsched while still with cityventure to develop this land. CV didn't feel they could do it with out funds.
3) chipman steps down from cityventure to avoid further conflicts of interest in case this proceeds
4) as chipman owns the land across the street from the land where Stuart Olsen was to build a hotel, true north was approached about building the hotel here.
5) chipman agrees to do this and fulfill Stuart Olsen's contract and also add the true north sq extra to the hotel. (Despite TN already building s hotel blocks away)
6) chipman pays millions of his OWN dollars to get that video and plans drawn up.
7) chipman plans to go ahead and invest his own money- not tax dollars to build all this.a project that will not make him the amount of money a 400 million dollar investment should. (Sacrificing money for your city- not ripping it off)
8) bowman lies through his teeth in a bid for national media attention [mod]
9) chipman does nothing until people start hashing hi and TN for wanting to do something good to the city. Finally cracks and holds press conference.
Find me another person willing to do anything with that land, let along plunge millions of their own dollars into it , other than chipman. Stop ripping him for his actions. There was no back room deal. Everything was done within the confines of the law. If the mayor and others disagree, then change the law and don't let deals like that happen in the future. Chipman's transaction however was legal.
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