consultants are sandburs

Monday, June 20, 2011

RAMSEY - How CORpse cashflow flows. A new sidebar poll open until noon, June 20.

As with other open sidebar polls, this item shall be the top post during duration of the poll. Newer posts will be placed below this item until the poll closes, when normal sequencing resumes.

The poll question speaks for itself. Reasons for it are self-evident. By the way, who is  Flaherty & Collins?

This Google. For now, I leave that question with only the Google for an answer. Subjective opinion may be posted later.

_______________UPDATE_______________
By error, the poll "closed" prematurely. It's fixed.




_______FURTHER UPDATE - POLL RESULTS + _______


The sidebar poll that closed yesterday showed an eleven to one response:


Is it relevant to you to know whether Landform, and/or Darren Lazan, and/or Michael Jungbauer is being paid money by Flaherty & Collins above and beyond money being paid by City of Ramsey:

Eleven out of every dozen felt it relevant, (coincidently - the numberical balance in a different context among Apostles). In an email exchange, I wrote:

eric zaetsch to Hendi Jun 18 (3 days ago)

At the end of the item, you state, "Please contact Heidi Nelson at
hnelson@coratramsey.com or 763-433-9817 if you have
questions or concerns." This link:

http://www.ci.ramsey.mn.us/Documents/News/CORInformation%20061411.pdf

So -

Is it relevant to you to know whether Landform, and/or Darren Lazan, and/or Michael Jungbauer is being paid money by Flaherty & Collins above and beyond money being paid by City of Ramsey?

Add Cronk to that.

Unresponsive responsiveness being an art form, I got back:

Heidi Nelson to me - 12:39 PM (20 hours ago)

Eric:

The current contracts related to the Flaherty and Collins project are between the City, the HRA and Flaherty and Collins. If amendments to those contracts are approved, they will be between the same parties.

If this land transaction is closed and the project moves forward, Mr. Lazan will be compensated with development fee as approved on December 14, 2010. These items are all included in the December 14, 2010 HRA, City Council agendas and minutes, and are available to you on-line. Mr. Cronk will not be compensated with development fee by the Ramsey HRA. Mr. Cronk does have a real estate business relationship with Flaherty and Collins, as discussed on December 14th, 2010, and will be compensated via his role with Flaherty and Collins.

Mr. Jungbauer is not a party to any of the agreements for the Flaherty and Collins project, nor is he a party to the development management contract between Landform and the City's HRA. As we have mentioned in previous information, Mr. Jungbauer is employed part-time with Landform, but he does not work on the development management services contract for the City of Ramsey HRA.

Regards,

Heidi Nelson
HRA Executive Director

WHAT WE'VE GOT HERE IS FAILURE TO COMMUNICATE.

Fiduciary mixed loyalties and conflicting interests matter to me. As RELEVANT.


3 comments:

Bob Ramsey said...

Now this is a dumb poll question! Of course that would be a relevant question and I vote yes. The answer to the relevant question is, there is no evidence that they are and if there was any such evidence I would lead the charge to terminate the contract with Landform!
Bob Ramsey

eric zaetsch said...

Bob, you want a better question?

Who, in their right mind would even think of a second position of eight million behind a first position of twenty-six million on a deal at best worth thirty million - but not at best, instead in the midst of the worse depression of YOUR lifetime?

Bob, chew on that question and another - Would Jim Deal take that second position? Go ask him, and if he says yes, substitute him there for the City.

You guys are so set on this dumb rental thing, as if it's salvation on a light beam from on high; so what terms and conditions would the second position be subject to, per the first - you like no evidence questions and there's no evidence any of the clowns on the council majority on this project ever thought so far to ask or speculate on that one?

Bob - Try this simple question:

Would YOU live there?

Answer that at the base of your soul and then this one:

If you would not, why do you thing that others will in sufficient droves make that choice?

Final question:

Would you ever take a second position for eight million behind a twenty-six million first position, WITH YOUR OWN MONEY?

Please, Bob, since you talk of what's dumb or legimitate, post your reply.

I AM WAITING.

eric zaetsch said...

Bob, Teeth, above rhetoric. Rather than emotive indignation something useful and convincing would be amending the City-Landform contract to prohibit dual agency compensation situations as a breach, with forfeiture by Landform of any/all commissions on any project where it ever has happened or does happen. If Landform balks at reform instead of rhetoric, there is thirty day termination by the city. BOTTOM LINE - Dumb contract, not dumb poll.

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