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The Good...The Bad...The Ugly

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  • The Good...The Bad...The Ugly

    Lake Expo, MO
    Oct 19 2007


    The Good...The Bad...The Ugly


    Friday, October 19, 2007 10:11 AM CDT


    Hammons Hotels TIF good for Osage Beach...Only bad blood can come
    from condemning deeds of Ottoman Empire...Shawnee Bend hydrant ordeal
    just keeps getting uglier

    Good

    The Osage Beach Tax Increment Financing Commission has made a
    well-considered decision that will have far-reaching implications for
    the fiscal future of the lake.

    The commission unanimously approved a proposal from John Q. Hammons
    Resorts and Hotels, sending the matter on to the city's Board of
    Aldermen for consideration.

    The Hammons organization - perhaps the strongest such business in the
    country - plans to build a nearly $100 million resort hotel in Osage
    Beach. They have asked for just over $3 million in reimbursable TIF
    dollars and another $3 million in a hotel-specific sales tax.
    ADVERTISEMENT



    As TIF Commission Chairman Gary Hamner rightly pointed out, the city
    and taxing entities are being asked to invest $6 million up front as
    pump priming for an expected $60 million in additional tax revenues
    over the next two decades. A simple formula for success.

    Hamner said opening the door for a world-class 300-plus room hotel,
    spa and convention center will recenter the Osage Beach and Lake of
    the Ozarks tourism industry. The loss of room and resort space to
    condominium development lakewide has made it increasingly difficult
    to attract short-term visitors. This hotel project is an important
    part of putting that component back in the lake mix. The commission
    members and chairman embraced the lake's future with their
    affirmative vote.

    Not every TIF deal is a bargain. Longtime Lakers will remember the
    North Port disaster and its ongoing ramifications in Miller County.
    However, when an organization of the quality of Hammons Hotels offers
    to partner with public entities to the benefit of all concerned, it
    is a very good idea to accept the offer. Good for the TIF Commission
    for doing so.

    Bad

    The resolution floating around Congress to condemn killers long dead
    is not just bad, it is stupid.

    Although a lot of Democrats are backing away from the meaningless
    move to label the death of a million Armenians in the century-gone
    Ottoman Empire as genocide, the move itself has angered the modern
    Turkish government.

    It is worth remembering that Turkey is what passes for a democracy in
    the Muslim world and is a key element in our military structure in
    the world's most troubled region.

    It is also worth remembering that the resolution is meaningless, the
    empire and the killers are long ago turned to dust. Certainly the
    slaughter of the Armenians was wrong but what in the world does it
    matter now? If the current Turkish government kills an Armenian, then
    let's pay attention. Digging up the past dead in a world knee deep in
    fresh bleeding bodies is just ridiculous.

    We increasingly appear to be led by a bunch of knuckleheads on both
    sides of the aisle.

    The ones that are not in bathrooms looking for dates are in the halls
    of Congress worrying about things that do not make us safer, richer
    or more likely to fiscally survive a trip to the emergency room.

    Ugly

    Those in charge of Sunrise Beach and Lake Ozark - the people who are
    charged with using your money to bring you police, water, sewer and
    other public services - have decided instead to spend your money
    keeping others from having fire hydrants.

    Not satisfied with a local court's decision to allow the hydrant
    project on Shawnee Bend move forward, the cities have decided to
    appeal the ruling. That will take months if not years and thousands -
    if not hundreds of thousands - of your dollars. Dollars that will pay
    no policeman, deliver no service, provide no benefit.

    Lake Ozark, for its part, has a legitimate gripe with the water
    company involved. That makes this move no more palatable for
    taxpayers, but it does make some kind of sense.

    Sunrise Beach just wants to annex everything in site and is blocking
    this move by the water company as part and parcel of land greed.
    Sunrise Beach officials want more territory so they can misspend even
    more tax dollars. There is no plan, there is no reasonable goal.
    There is only an apparent desire to keep the homeowners of Shawnee
    Bend from having fire hydrants, hiding behind the sham of one day
    annexing people who will go to the barricades to prevent that move.
    It is either municipal stupidity, envy or both.

    The collective political skills, vision and sense of the Sunrise
    Beach board would not impress a third grader.

    This case will drag on while the people at the end of Shawnee Bend
    wait for the next house to burn down.

    This is municipal mismanagement at its most ugly.

    http://lakeexpo.com/articles/2007/10/19/top_news /03.txt
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