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The answer is: Project Phoenix is Dead!

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What does Cora Heiser, Steve Spear, Mark Clemons, Branson Hunter, scores of other logical thinkers and even myself have in common? We are all bloody Visionaries! Prophets…. Why Ray Charles could have seen this one coming. Project Phoenix is Dead… Again.

Like Carnac the Magnificent, each of us saw the cruel answer the day they brought the idea up, that Project Phoenix was dead on arrival. That the Bonding scheme was nothing more than a scam meant to skim money from the poor and eventually empty the city coffers.

The Council was so intent on showing the Department of Finance that they could power through the dissolution of Redevelopment, they were easily sold a bill of goods by their own City Attorney and his crew. This is how you take a $6 million dollar bond and turn it into a $33 Million Dollar Debt.

What a shame that the city council was lead to the slaughter by a Wolf in Sheep’s Clothing.

It took several years but it appears even the local media figured it out.

I don’t want to beat a dead horse but it is time to defease the bonds, have the DOJ and DA review what happened, and finally close up shop on Project Phoenix.




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One Response to The answer is: Project Phoenix is Dead!

  1. Branson Hunter
    Branson Hunter May 18, 2017 at 11:48 am

    The Phoenix project is ashes due to bad management leadership from the dais.

    29 property owners had the $33 million bond debt shoved in their face like a custard pie without a vote for the benefit of secret bond holders and others. That massive debt thus hasn’t benefited the city or its residence.

    This morning after a review of State demands and legal documents, The state’s DOF and AG call the whole matter a sham and “directly” questioned the ethics of Munoz and (then) Community Development Director/ RSG consulant Matt McCleary.

    Next stop… the city pushing for tax increases or bust?

    Reply

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