If someone knocks on your door asking you to sign the Donovan petition, ask them what is their bond plan? The City is obligated by contract to provide $40 million for the…
Tag: COMMUNITY MARITIME PARK
Revoking petition signatures
I spoke with Supervisor of Elections David Stafford about how a voter can take their name off a Donovan petition if they no longer want to be a part of it. Stafford…
City ready to sale CMP bonds Dec. 9
City Manager Al Coby has notified the Pensacola City Council in a memo dated today the Redevelopment Revenue Bonds, Series 2009 A & B will be marketed through December 8 with the…
Two ironies
1. The anti-charter people tell us we should leave government to the city staff. The anti-park people tell us we can’t trust the financing plan submitted by staff. Many of the same…
What is the CMP bond plan?
The bond financing plan recommended by staff and approved by the council uses New Market Tax Credits which will allow UWF to get $12,256,785 for the maritime museum (if the NMTC portion…
Buzz: Park construction will continue
I have been assured by several city council members that the City Manager and staff have figured out how to keep the construction work at the Community Maritime Park progressing. The City…
Rescission of rescission
Over 12 hours have passed since Tim Eagan rescinded his rescission of his agreement with the City of Pensacola that got him to rescind his petition that would have rescinded the city…
UWF wants to accelerate maritime museum
In a letter to the CMPA board, UWF President Judy Bense asks that Site A be delivered as an acceptable pad ready construction site by August 2010. “However, we recognize there may…
Marty Donovan knew bond issue was more than $40M
We found the minutes from a March 27, 2006 special meeting of the Pensacola City Council. During the discussion of the bond issue, Councilman Marty Donovan, who opposed the Community Maritime Park,…
Oops, PNJ mistakes net for gross
In Oct. 15, 2005 presentation to the Pensacola City Council, the City staff made it clear that the net funding to the Community Maritime Park would be $40 million—and that is the…
Should City borrow money for interest?
The Pensacola City Council will decide this week whether its bond issue for the Community Maritime Park should include $4.9 million to pay interest on the bond while the park is constructed….
More buzz: CMP and Christmas Lights
Work began on the Community Maritime Park yesterday. Mayor Mike Wiggins is working with DIB and local businesses to keep the downtown Christmas lights.