ok dan, thank you. you have done so much for this city...NOT!!!
--- In AsburyPark@yahoogroups.com, "dfsavgny" <[EMAIL PROTECTED]> wrote:
>
> --- In AsburyPark@yahoogroups.com, restore881FM@ wrote:
> >
> >
> > I'm amazed by the Press' reaction to this MM deal with Asbury
> Partners. The
> > editorial board interview was a cream puff job. No financials --
> again!! The
> > only way to be confident of the partnership is to know what
they're
> in for - a
> > dime or a dollar. What's the commitment? Is there an out clause?
Do
> we get to
> > see this contract - ever?
> > And, why should it cost AP anything?????
> > Can you say Breach of Contract? Does anyone recall the Dispute
> Resolution
> > Agreement?
> > Isn't this allowing the Partners to dodge another commitment and
more
> > deadlines? Tell me where it's not so.
> > Another round of negotiating is necessary, says Bruno. Another
round of
> > private - out of the public eye talk among the principals - who
> don't include you
> > or me. This basically allows the City to acquiesce instead of
> pressing its
> > rightful legal position with the Partners. Now the City will be
one
> more entity
> > removed from enforcing its rights. Gees, only a lawyer like
Faiella
> could feel
> > comfortable plunging into a tangled web like this one. Oh, that's
> right,
> > Faiella is the Partners' lawyer.
> > What did the editorial board story say, Lamle is a 50% partner?
> Lamle? We
> > know that Cherokee is a 50% partner. So who's out of the game?
Or is
> the Press
> > just playing loose with the facts again? As in oh they declined
to
> discuss the
> > financial end of this reportedly $150 million investment. The
> financials are
> > the story!!!
> > How does the City enforce its interests in this deal if it's
between
> the
> > Partners and MM?
>
>
> I asked all these questions and more of Terry Reidy in a phone
> conversation 2 months ago. His reply - "good questions Dan." That
was
> in response to receiving some of he answers I asked for about
> ownership of Partners. All I got was a list of LLCs (limited
Liability
> companies). Terry said the negotiations will not be out of the
public
> eye. I guess that was satisfy me. I have no more patience or time
for
> this nonsense. They are going to do what they want.
>
> Something is wrong when credit wants to be taken for every drop of
> rain that falls from heaven during their term but if bird shit
rains
> down, it ain't their fault. 5-6 years and still can't balance a
> budget. The only reason something is happening now is because of
> pressure from the naysayers.
>
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