Gerber will look into it.

From: Henry McClure [mailto:mcre@cox.net]
Sent: Monday, June 04, 2018 5:48 PM
To: 'Douglas Gerber'; 'Brendan Jensen'; 'Karen A. Hiller'
Cc: 'Jeff Coen'; 'Brent Trout'
Subject: RE: introduction, College Hill

Kind of you to “chime in”

Henry Ford said “Don’t find fault, find a remedy”

I will bring you development proposals to builds 8 buildings as the approved in the TIF plan. These proposals will be coming from multiple people.

I believe the owner should have 1^st shot to live up to the agreements. Then you need to send an RFP to the public.

Facts.

This (the TIF district or Development agreements) was not disclosed at closing. The Broker was made aware of this during the sale process as I brought it to their attention while I was showing the project to one of my clients. Subsequently Bill Newsome has been asked to remedy the disclosure issues. I asked the Broker to do so to. Actually this warrants filing a complaint with the Kansas Real Estate Commission too.   

This really makes your head spin when you think about the short fall in the TIF bonds and the Planning department taking a cavalier approach to the use. If they had to make a living based on the success of the City things would be looked at different.

Some come to the podium and only chime; today we need deals.

Thanks.

Thank you.

Henry McClure

785.383.9994 Direct

Time Kills Deals

From: Douglas Gerber <dgerber@topeka.org>
Sent: Monday, June 4, 2018 5:09 PM
To: Henry McClure <mcre@cox.net>; Brendan Jensen <bjensen@topeka.org>; Karen A. Hiller <khiller@Topeka.org>
Cc: 'Jeff Coen' <jeff@thec-team.com>; Brent Trout <btrout@topeka.org>
Subject: RE: introduction, College Hill

Henry, I’ll chime in briefly. We are, as you know, researching the assignment issue to determine what the impact is and how to manage the issue. I promise it’s not being ignored. But until we clarify some of these complicated issues, we are not going to be able to share many details.

From: Henry McClure [mailto:mcre@cox.net]
Sent: Monday, June 04, 2018 12:20 PM
To: Brendan Jensen; Karen A. Hiller
Cc: 'Jeff Coen'; Brent Trout; Douglas Gerber
Subject: RE: introduction, College Hill

Look at my sales at Pizza Pub – We did almost just over a million in sales or 1^st year.  We picked $O after closing the mall.

So imagine sitting on Pizza Pub patio seating to watch dogs defecate?

NOT a good image or use of public land.

Henry McClure

From: Brendan Jensen <bjensen@topeka.org>
Sent: Monday, June 4, 2018 11:55 AM
To: Henry McClure <mcre@cox.net>; Karen A. Hiller <khiller@Topeka.org>
Cc: 'Jeff Coen' <jeff@thec-team.com>; Brent Trout <btrout@topeka.org>; Douglas Gerber <dgerber@topeka.org>
Subject: RE: introduction, College Hill

Hi Henry,

Any idea why the asking price for rent for those location is so high?

Thanks!!

-Brendan

From: Henry McClure <mcre@cox.net>
Sent: Friday, June 01, 2018 9:16 AM
To: Karen A. Hiller <khiller@Topeka.org>; Brendan Jensen <bjensen@topeka.org>
Cc: 'Jeff Coen' <jeff@thec-team.com>; Brent Trout <btrout@topeka.org>; Douglas Gerber <dgerber@topeka.org>
Subject: FW: introduction, College Hill

Karen and Brenden

This project effects your districts the most. It is a shame we have a short fall and the retail never caught fire. That was the toughest leasing job I ever had.

Now the City needs to step up and make it right.

This is in your hands to fix the short fall. This will be a step in the right direction. We need to do more.

I suggest we create a taxing district CID that retires with the bonds are paid off. Include the shopping center at 21^st and Washburn too. Howard Paul sold the center to Washburn University and they benefit the most from the College Hill development overall. 80% of the tenants are Washburn students.

We must grow the tax base and retire the bonds.

Henry McClure

From: Henry McClure <mcre@cox.net>
Sent: Friday, June 1, 2018 9:00 AM
To: 'Brent Trout' <btrout@topeka.org>; 'Douglas Gerber' <dgerber@topeka.org>
Cc: 'council@topeka.org' <council@topeka.org>; 'Cook, Kevin' <Kevin.Cook@snco.us>; 'tanderson@tps501.org' <tanderson@tps501.org>; 'Brenda Younger' <BYounger@Topeka.org>
Subject: FW: introduction, College Hill

Are you going to assign the development agreement to the new owner?

Read section Seven.

I do not understand how the City can even move forward with zoning shovel ready land assembled with TIF bond money to implement a Bark Park?

If the current owner does not want to build this land should be offered to the public. (see building J amendment – developer is in default) The new owner should have a short fuse to build on the land. It can’t go to the dogs.

Why would the TIF district not needed to be amended and approved by 501 and the County taxing districts?

We need the Tax base $$$$’s.

The property has a new owner and is bound by the development agreement even thought the seller did not inform them of the agreement.

Henry McClure

From: Henry McClure <mcre@cox.net>
Sent: Thursday, May 3, 2018 7:31 AM
To: 'Bill Newsome' <bnewsome@newsomedevelopment.com>; 'Lew McGinnis (lewmcginnis@generalproperties.net)' <lewmcginnis@generalproperties.net>
Subject: RE: introduction, College Hill

Bill

Thanks so much. It would be very helpful if you could share the original development agreement to form the TIF district. CBRE should have disclosed this data with the Buyer during the due diligence phase of the acquisition.

The TIF bonds have a $310 short fall annually. We need to create as many way to grow the tax base in the district. Building on the “J” site would be a good start. Those 8 lots are ready to go.

Thanks for your help bill.

Thanks

Henry McClure

785.383.9994 Direct

Time Kills Deals

From: Bill Newsome <bnewsome@newsomedevelopment.com>
Sent: Wednesday, May 2, 2018 7:08 PM
To: Lew McGinnis (lewmcginnis@generalproperties.net) <lewmcginnis@generalproperties.net>
Cc: mcre@cox.net
Subject: introduction, College Hill

Lew,

Henry McClure is a Topeka broker/businessman, and was part of our College Hill ownership group in the early years. He remains active in Topeka and is very familiar with the College Hill area. He contacted me, and said he would like to talk to you about the vacant lot on the east side of Lane.

So I’ve made the email introduction!

Hope all is well with you……….

Bill Newsome

Newsome Development and Investments, Inc.

1421 Oread West, Suite B

Lawrence, KS 66049

785-331-4644

From: Henry McClure [mailto:mcre@cox.net]
Sent: Wednesday, May 02, 2018 3:30 AM
To: Bill Newsome <bnewsome@newsomedevelopment.com>
Subject: Lew McGinnis

Please introduce me to Lew McGinnis.

Thanks

Henry McClure

785.383.9994 Direct

Time Kills Deals