Thawing of the Ice Cube Deal?

[Townsend]

The city paying for destruction of some of the buildings it's leaving.

What buildings are being destroyed?  Anyone know?

I'm picturing bridges being blown up to slow the pursuing hordes.

[Double A]

The silence from the cheerleaders of this deal speaks volumes. Bank of Kaiser is the only financial institution interested in this risky master lease deal. Big surprise.

[Rico]

On this and other things we disagree AA...

I actually think the concept is sound. It makes more financial sense than some of the "pie in the sky" items lately..

That Kaiser is willing to handle the lease is no surprise.

The part I like in this transaction, above everything, is the amount of real estate it will free up for private development... Or public expansion.. i.e. The "Bath House" at New Block Park.

[Breadburner]

I'm all for this deal.....

[Wilbur]

My source at BOK tells me BOK estimates they will make $5M off this deal with the leases.  They may even lease space to themselves.

[cannon_fodder]

That's what I figured...  the proximity of the building is such that BOk could always cover itself by utilizing the space.

Double A, I dont get it.  Why do you have a problem with the Bank of Oklahoma or George Kaiser?  For that matter, name a development that you are in favor of.  Your opposition to everything makes it easy to write off your objections.

[Double A]

quote:Originally posted by cannon_fodder

That's what I figured...  the proximity of the building is such that BOk could always cover itself by utilizing the space.

Double A, I dont get it.  Why do you have a problem with the Bank of Oklahoma or George Kaiser?  For that matter, name a development that you are in favor of.  Your opposition to everything makes it easy to write off your objections.

                                               I'd rather be an honest naysayer than a dishonest cheerleader. Many of the problems I predicted have already come to pass, many more will follow. Stay tuned. I really like the LEED certified development in my hood, BTW. The Rose Bowl redevelopment is a favorite of mine, too.

[Wilbur]

quote:Originally posted by cannon_fodder

That's what I figured...  the proximity of the building is such that BOk could always cover itself by utilizing the space.

Double A, I dont get it.  Why do you have a problem with the Bank of Oklahoma or George Kaiser?  For that matter, name a development that you are in favor of.  Your opposition to everything makes it easy to write off your objections.

Actually, my source told me they were looking at moving the call center down there.  Not sure where they are now.  41st and Sheridan?

[circassia]

Expressbank is at 71st and Yale at Copper Oaks. Probably would make more sense to move it downtown, along with a few of the offices still in that building.

[Double A]

quote:Originally posted by Rico

On this and other things we disagree AA...

I actually think the concept is sound. It makes more financial sense than some of the "pie in the sky" items lately..

That Kaiser is willing to handle the lease is no surprise.

The part I like in this transaction, above everything, is the amount of real estate it will free up for private development... Or public expansion.. i.e. The "Bath House" at New Block Park.

You are correct, senor. The fact that Kaiser is the only one willing to touch this master lease is no surprise and it speaks volumes about just how good of a deal this really is. Kinda reminds me of when he backed those loans on Great Plains Airlines and wanted an illegal payback when that deal went belly up.

[shadows]

It doesn't take a very sharp pencil to figure that the pot of gold is in the tax free interest that will be charged on the revenue bonds.  The whole transaction is well covered where the BOK will make millions even if they have to ante up a few millions to the pot.  The secrete is don't let any other players in the game.  Once the deal is made then sit back and collect the pot (City Coffers) anted up by the working poor.  

If the mayor was spending her husbands money like she is throwing the taxpayers around, it is easy to see why he bought her the new toy of the mayoral chair.  

I have stopped reading the TW or looking at the news because I am frightened to see what is the next whim the mayor can come up with.

[Friendly Bear]

Off Topic

[Kenosha]

quote:Originally posted by Friendly Bear

^^^that is the kind of crap that makes this forum irrelevant, FYI.

The thread, at least.

[jne]

Looks like she pulled it off.  Good for Tulsa.

http://www.tulsaworld.com/news/article.aspx?articleID=070925_238_A1_hBuil21480

[TheArtist]

Good job Mayor and Council.