Audit of Payments to Corporation For Better Housing Requested:

At the September 28, 2006 meeting of the City Council the Council Members approved a payment to the Corporation For Better Housing. Council Member Jim Miller asked for a detailed explanation for the expenses being paid with the amount of money paid to CFBH.

City Manager Tom Schwab's response was it included engineering, Permits, Design, and Legal Fees, and was a part of the 9 million approved by the City Council for the project. He said they have already released 1,000,000.oo of that, but it is closer to 2,000,000.00 and the 60 year land lease. So there is a need for an accounting of funds and what they are paying for and what they are supposed to be paying for.

Council Member Miller requested a detailed disclosure of the Accounting of what was being paid for with this payment and I hope all payments made to CFBH.

IT would be prudent also to obtain a full detailed disclosure of the ENTIRE DEAL that CFBH and the City have negotiated. THIS FULL DISCLOSURE has not yet been made available to the Citizens, or the City Council Members. Last report was it was still "BEING NEGOTIATED".

With the Current Court HOLD on the Project, and Reversal of all Approvals the City Council Members should stop all payments and reverse all Approvals until the ERI is done and the COURT LIFTS the Reversal or APPROVES the Project for a go ahead.

This entanglement is a RESULT of CFBH and the RDA/Planning Department/Staff not doing a full detailed ERI. The COUNCIL should act PRUDENTLY and Monitor this Project VERY carefully as it proceeds if it Does Proceed.

Will this Report be Provided to Council Member Miller as quickly as the GT Days Audit?
Will this Report be Provided to Council Member Miller as quickly as the Disclosure of the CFBH Deal Details?
Will this Report be provided to Council Member Miller as quickly as the Eminent Domain Reform gets on the City Agenda?

We Wait..