Peoria to put retiree funds at risk for hotel

The City Council is voting on a revised redevelopment plan tonight for the undead Wonderful Development. This new plan not only gives the developer $29 million, but also loans him an additional $7 million because he couldn’t get all the private financing he needed.

So the question is, where is this $7 million coming from? I mean, did you know that the City had $7 million sitting around in a pot somewhere? Well, they do … in a retiree benefits fund. According to the council communication: “the City will provide the developer with a 25-year $7 million loan (the ‘Project Loan’) at 7% interest from the City’s Post Employment Benefits Reserve.”

The City is required to keep this Post Employment Benefits Reserve by an accounting regulation known as GASB 45. The idea is that the City should be socking away money now for the health benefits they are obligated to pay in the future to retirees. Of course, the City doesn’t fully fund the reserve. They can’t afford it. So they’re listing an increasingly large unfunded liability on their balance sheet each year.

Now, to make matters worse, they’re going to take what money they do have in reserve and loan it to Gary Matthews to build a hotel downtown — at no interest for the first two years or so, then at 7% interest after that. But here’s the kicker: this loan would be in the third position for repayment. In other words, if the project were to go bankrupt, the banks would get paid back first, then the owners of Big Al’s (who are loaning Matthews money as well), then the City. The City’s loan is subordinate to two other creditors, so the odds of the City getting paid back in the event of default are nil.

Of course, this is just the latest injustice regarding this deal. There still is going to be a $29 million gift to the developer, courtesy of your future tax money. This publicly-subsidized hotel will be competing with other private hotels downtown, giving it quite a competitive advantage. Meanwhile, our taxes (or “fees,” if it makes you feel better) are going up and the City is going deeper in debt, even as our city faces serious public safety issues and its infrastructure deteriorates.

Peoria, your tax dollars are being misused. Does anyone care? Anyone? If the Occupy Wall Street supporters really don’t like money being taken from the 99% and given to the 1%, they should be against this deal. If the Tea Party supporters really don’t like bigger government and support the free market, they should be against this deal. Where are they? Where are you? Rome is burning while you’re fiddling.ikoni

So long for now

Everyone goes through changes in life. When I started this blog, my kids were very young, not even in school yet. My work situation was more stable and predictable. And everything was new and exciting as far as blogging goes. I’ve been doing this for six and a half years, and I think it’s obvious that I’ve been losing interest in it. Blog posts are not as in-depth, and posting has been more sporadic.

I’ve always avoided writing a “good-bye” post because, frankly, bloggers never really say good-bye and mean it. They’re back in a few days or a few weeks, unable to contain themselves. A moody bunch are we. So I’m leaving myself an out. I’m going on a sabbatical, if you will, and we’ll just see how it goes. If I don’t miss it and life seems to go on just fine without it, I won’t be back. If I find that I’m restless and can only find my rest in blogging, I will be back.

Now my kids are older and involved in more things, and I have a lot more responsibilities at work. The bottom line is, there are a lot more demands on my time, and so the time has come to bid a fond farewell to this hobby, if I can. I’ve enjoyed it, and maybe someday I’ll return to it. Maybe sooner than I think. And we can all have a good laugh about it, like we do with Emtronics when he quits every few months.

But if this ends up being good-bye, I just want to thank everyone who has been so supportive of me personally and this blog. I intend to leave the site up so the old posts will still be accessible and you can continue to comment on them if you wish, at least until everyone abandons it and there’s no more traffic, at which point I’ll probably take it down.

Best wishes to everyone, and so long … for now.

Yes, I’m still rooting for the Cardinals even though I don’t like the Wild Card

The St. Louis Cardinals clinched the National League Wild Card Wednesday night and will be going to the post-season. I’ve written before about my disdain for the Wild Card system that Major League Baseball has been using since 1995.

Naturally, the question I get asked often is whether I’ll be rooting for the Cardinals now, since they are the Wild Card this post-season. And the answer is, of course, YES!

There’s nothing logically contradictory about that. In the same way that you can criticize the Patriot Act and still be a patriotic American, I can criticize the current three-division-plus-wild-card arrangement and still be a loyal Cardinals fan. On the positive side, if there were no divisions or wild cards, and instead the four teams in the National League with the best records advanced to the playoffs, the Cardinals would still make it. It’s not like the 2008 season where the Dodgers — the eighth-place team overall in the league that year — went to the playoffs because they won a weak division.

The Cardinals face the Philadelphia Phillies in the National League Division Series starting Saturday.

Our money is burning a hole in the City Council’s pocket

I wasn’t able to attend the City Council meeting tonight, but I heard it on WCBU. The big news is, of course, that they voted 8-3 (Sandberg, Weaver, and Akeson voting “no”) to rescind (rather than ratify) the City Manager’s letter of cancellation of the hotel redevelopment agreement. So, the project lives on as the Council just can’t pass up a chance to throw $37 million of your tax money down a hole. If you were putting together a soundtrack for the executive session, I don’t think you could do any better than including the Genesis song “Tonight, Tonight, Tonight”:

Here are some of the lyrics that are particularly poignant:

I got some money in my pocket, about ready to burn
I don’t remember where I got it, I gotta get it to you
So please answer the phone ‘cos I keep calling
But you’re never home, what am I gonna do?

Tonight, tonight, tonight, oh, I’m gonna make it right
Tonight, tonight, tonight, oh

You keep telling me I’ve got everything
You say I’ve got everything I want
You keep telling me you’re gonna help me
You’re gonna help me but you don’t

But now I’m in too deep, you see it’s got me
So that I just can’t sleep, oh get me out of here
Please get me out of here, just help me, I’ll do anything
Anything if you’ll just help get me out of here

Channel 31 now offers Bounce TV

WMBD-TV, channel 31, has been the only terrestrial television station in the Peoria market not to offer a digital subchannel — until today. Starting today, WMBD will begin broadcasting Bounce TV, “the nation’s first-ever over-the-air broadcast television network designed exclusively for African-American audiences.” Here’s part of the new network’s press release:

The new network […] will target African Americans primarily between the ages of 25-54 with a programming mix of theatrical motion pictures, live sporting events, documentaries, specials, inspirational faith-based programs, off-net series, original programming and more. Bounce TV will air twenty four hours a day, seven days a week as a digital terrestrial network designed for carriage on the digital signals of local television stations. […]

Live sports and events will be part of the Bounce TV schedule and the network today announced a multi-year rights agreement with Urban Sports Entertainment Group (USEG) to televise both football and basketball games from the nation’s largest African American athletic conference, the Central Intercollegiate Athletic Association (CIAA.) Bounce TV will air the CIAA Championship football game and select quarter- and semi- final CIAA tournament basketball games as part of the agreement.

Bounce TV’s Founding Group includes two legendary figures of recent American history and the network’s leadership team is filled with veteran entertainment industry executives. The Founding Group is led by Ambassador Andrew Young, Martin Luther King III and Andrew “Bo” Young III. Rob Hardy and Will Packer, co-founders of Rainforest Films, one of the top African American production companies in the world, will also play important roles with Bounce TV. Hardy will serve as Chief Content Officer while Packer will be Chief Strategy and Marketing Officer. Former Turner Broadcasting executives Ryan Glover and Jonathan Katz will serve as Executive Vice Presidents. Bounce TV will be majority owned and operated by African Americans, with Ambassador Young, Andrew “Bo” Young III, Rob Hardy, Will Packer and Ryan Glover part of the initial ownership team. The network is leveraging the marketing, digital, post production and operational resources of Atlanta-based CSE, one of the country’s leading independently-owned sports, entertainment and television production agencies. […]

Bounce TV will be an ad-supported network with half of that time being available for insertion of local advertising by affiliates. Former EVP of U.S. Syndication Sales for Sony Pictures Television, Jeffrey Wolf, currently head of The Lobo Group, will handle network distribution of Bounce TV.

Wikipedia says the name “Bounce” was chosen to signify “a network that is ‘going somewhere with energy,'” and lists 56 channels on which Bounce TV will premiere, including WMBD. The following digital terrestrial channels are now available in the Peoria area:

19.1 WHOI-TV (ABC)
19.2 The CW
25.1 WEEK-TV (NBC)
25.2 WEEK-WX Weather First
31.1 WMBD-TV (CBS)
31.2 Bounce TV
43.1 WYZZ-TV (FOX)
43.2 The Cool TV
43.3 The Country Network
47.1 WTVP-TV (PBS)
47.2 PBS World
47.3 Create TV
59.1 WAOE-TV (MyNetworkTV)
59.2 Antenna TV

Question of the Day: How should Illinois fill the NCLB void?

While the goals behind No Child Left Behind were admirable, experience has taught us that the law has some serious flaws that are hurting our children instead of helping them. Teachers are being forced to teach to a test, while subjects like history and science are being squeezed out. And in order to avoid having their schools labeled as failures, some states lowered their standards in a race to the bottom….

Yesterday, I announced that we’ll be giving states more flexibility to meet high standards for teaching and learning. It’s time for us to let states, schools and teachers come up with innovative ways to give our children the skills they need to compete for the jobs of the future.

— President Obama, Weekly Address, 9/24/2011

States are going to be able to get waivers from the federal standards of “No Child Left Behind,” but in order to get those waivers, they will have to present another plan for improving school performance. Illinois is reportedly looking at applying for a waiver (WJBC, Chicago Tribune). Nearly all educators agree that the federal No Child Left Behind standards were unrealistic. But now that states have a chance to write their own standards, what should they be?

The question of the day is: What standards should Illinois put in place to replace federal NCLB requirements and improve school performance?

‘Expected’ Civic Center net loss a matter of interpretation

How do you put a positive spin on a $4.33 million loss for the Civic Center? Observe:

Peoria Civic Center net loss less than expected

The Peoria Civic Center is not immune to a wicked economy.

But having budgeted for a net loss of $4,764,988 for the 2011 fiscal year that ended Aug. 31, the actual total of $4,332,368 seems less egregious.

More than $432,000 less egregious.

“I would say it’s below budget and we hope to always make budget,” said Jim Wetherington, who was promoted to Civic Center general manager on May 1 upon the retirement of Debbie Ritschel.

“Considering the market that was out there, I think staff did a phenomenal job cutting expenses.”

That’s one way to look at it. Here’s another:

When the $55 million Peoria Civic Center expansion was proposed in the early 2000s, consultants confidently stated the Civic Center would have a net operating income of $1.5 million once they reached a stabilized year of operation. That should be now, since it’s been four years since the expansion was completed in March 2007. Instead, the losses have been and still are trending downward. Rather than $1.5 million in net income, they ended FY 2011 with a $4.33 million net loss — a difference of $5.83 million.

So, the headline could just as accurately have read, “Peoria Civic Center net loss $5.83 million more than expected.” It all depends on which expectations we want to reference.свети георги

Exploring the new Kellar Trail (UPDATED)

My dad and I rode our bikes from Alta to downtown on as much of the vaunted new Kellar trail as we could find. Getting from Alta to Pioneer Parkway was easy enough. Then we followed the blacktop sidewalk/trail to Sommer street, and rode down to Candletree. There we got a little confused, as there’s a green sign that says “Bike Route” with an arrow pointing to the right. However, the Kellar trail actually continues to the left.

Once we got that figured out, we were able to ride down to the intersection of Knoxville and Northmoor. There, we were unable to figure out where the trail went, so we followed the old rail corridor as best we could up to and across Knoxville where we found another paved portion of the trail — this one with a broken yellow line down the center. That took us as far as Glen Avenue, where the trail ended, never to be found again.

From there, we followed the old rail corridor to Prospect in Peoria Heights. After that, the corridor was choked with weeds (which is surprising since Peoria Heights made such a big stink about the condition of the corridor when the rail line was there), so we had to ride on streets parallel to the “trail.” Looking at the description of the Kellar trail that appeared in the Journal Star last November, it doesn’t look like any progress has been made since then. That’s also surprising, since I thought the Park District had sufficient grants to cover this rail-to-trail conversion — grants they were afraid of losing if they didn’t get used right away. Why is so much of the trail unfinished?

There were some other people on the trail between Alta and Peoria Heights. I counted 13. Given the hype of how popular this trail is supposed to be, and given the pavement markings creating lanes for traffic, I expected to see more people. I also expected to see more signs of commerce, since this trail is supposed to be an economic catalyst. It didn’t look like any of the people we passed had been shopping. I didn’t see any new commercial developments along the trail, either — no apartments or condos or McDonald’s.

As I encountered large and small gaps in the trail, I couldn’t help but wonder whatever happened to all those green signs demanding, “Build the Trail … NOW!” The project is incomplete, and there appears to be little or no progress, but we’re no longer hearing any angry demands to complete the project from the Friends of the Rock Island Trail or the other supporters. Perhaps the wanton destruction of a working rail line was success enough for them.

UPDATE: Mike Friberg, bike trail project manager for the Park District, explained the status of the project:

Just to let you know, the trail section from Northmoor to Candletree is actually still under the final phases of construction (the punchlist). We’re currently working with IDOT – our funding source- on the design for the trail section from Glen Ave. south to Springdale Cemetery. We’re still working on the temporary connection crossing Knoxville – that will go through Junction City and cross Knoxville at the Northmoor light. I fully agree that things are confusing right now, but give us a bit of time and we’ll get it worked out -the asphalt has barely cooled!

For current information (ok, yes, I need to update it more frequently!) you can look on the Park District’s main website and follow the links to the bike trail web page. I’m not sure on CJ’s restrictions on advertising here, so I’ll let you find the link on your own. [Here’s the link –C.J.] I also have a FAQ discussing some of the questions you raise above.

If anyone has any questions on the trail that the FAQ doesn’t address, or you just want to send fan mail, please feel free to contact me – my contact information is at the bottom of the bike trail page. Thanks!

My thanks to Mike for the additional information. Here is Mike’s contact info:

Mike Friberg
1314 N. Park Road
Peoria, IL 61604

(309) 686-3386
mfriberg@peoriaparks.org

Smoking prohibited

This week’s Word on the Street column reports that the City and County have been doing smoking ban stings lately: “The county performed 203 compliance checks and wrote 45 tickets. The city performed 123 checks and wrote eight tickets.” And, “The effort was funded by a [$15,000] grant the Peoria City/County Health Department received from the state Department of Public Health.”

Meanwhile, there’s a new documentary miniseries premiering in October on PBS about Prohibition. Promotional material for the new film by Ken Burns describes the Prohibition era: “The culmination of nearly a century of activism, Prohibition was intended to improve, even to ennoble, the lives of all Americans, to protect individuals, families, and society at large from the devastating effects of alcohol abuse…. Prohibition turned law-abiding citizens into criminals, made a mockery of the justice system … permitted government officials to bend and sometimes even break the law, and fostered cynicism and hypocrisy that corroded the social contract all across the country…. The film raises vital questions that are as relevant today as they were 100 years ago – about means and ends, individual rights and responsibilities, the proper role of government and finally, who is — and who is not — a real American.”

File the modern, popular smoking bans under the heading, “History Repeating Itself.”