Here is the 3rd and final part of my video rundown of the last 12 - TopicsExpress



          

Here is the 3rd and final part of my video rundown of the last 12 months’ events, entitled “2014: The Year in Review - The Field of Dreams All-Star Ballpark Heaven Controversy”. Being that this is December 31, I would like to point out that today is the deadline for the ‘Infrastructure Project’ requirement, noted on the Development Agreement between the City of Dyersville and Denise Stillman’s company, Go The Distance Baseball, LLC, pertaining to the placement of water and sewer lines in support of the originally planned All-Star Ballpark Heaven sports complex. Since no such infrastructure is present, this requirement will be considered null and void at midnight tonight. Development Agreement document: https://scribd/doc/245778833/Go-The-Distance-Baseball-LLC-Development-Agreement Ms. Stillman did not appear before the final Dyersville City Council meeting of the year on December 15 to publicly discuss this looming deadline, offer any solutions or make any kind of appeal. This is only one in a series of deadlines the Chicago developer has missed in conjunction with her faltering travel ball project, originally planned to be built immediately adjacent to the Field of Dreams Movie Site. A June 30, 2013 deadline was set by the State of Iowa for Ms. Stillman to receive a $16.5 State tax rebate for her development; the stipulation being that she had to begin construction by that date, which was missed, and from all indications this money was retracted by the State because of it. June 30, 2014 was the original date set for the Infrastructure Project to be put in place, but a City amendment allowed for the date to be moved to today. That deadline was of course missed and so will this one, because nothing has moved on the Field of Dreams land to accommodate these essential support lines. Also of major note, at midnight tonight Ms. Stillman will give up $5 mil. in TIF (Tax Increment Financing) money she would have gained from the City if those water and sewer lines had been installed, in part via her company’s efforts. This brings the grand total of money lost because of missed deadlines to $21.5 mil. Before coming into question as to whether or not it would ever happen, ASBH had become a $70+ mil. project in Dyersville. Being that financing has been almost non-existent, this $21.5 mil. was dearly needed by the developer. The question to any and all potential investors and backers is this: Why would anyone want to pledge funding or support for the All-Star Ballpark Heaven sports complex to begin construction when, in my opinion, there is a clear lack of responsibility towards it even being built, much less the day-to-day operation of the finished product?
Posted on: Wed, 31 Dec 2014 19:25:58 +0000

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