Ms. Heller asks:

Who pocketed the $6 million?
When did the default occur?
Why didn't we hear about it?
How long has the building been empty?

Answers:
1) $6 million was paid largely to whoever sold the building to the
city, the contractors who did work for the city to fix the roof,
remediate asbestos and so on, tenants who had to be relocated, etc.

2) What default?

3) You didn't hear about it because it didn't happen.

4) Don't know.  I was a fill-in reporter on this story.

For people who truly want to know more about events leading up to
yesterday's short-term granting of development rights to McCaffery, the
MCDA board report is posted at:
http://www.ci.minneapolis.mn.us/council/2003-meetings/20030131/docs/06_StimsonBldg.pdf

Steve Brandt
Star Tribune
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