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Ice Ranch
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PostPosted: Wed Sep 10, 2008 6:46 pm    Post subject: Ice Ranch Reply with quote

Does anyone know what has become of the ice ranch project.  I heard it was going to be opn next July.  I don't think so at this rate nothing is even being torn down.
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PostPosted: Thu Sep 11, 2008 12:25 am    Post subject: Reply with quote

They are all very busy watching Obama self destruct.
Wrong forum for this post.
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PostPosted: Thu Sep 11, 2008 8:46 am    Post subject: Reply with quote

You can't stir the dirt or rip up the asphalt until you go through all the site development processes with the city.  they are working on it.
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PostPosted: Thu Sep 11, 2008 6:00 pm    Post subject: Reply with quote

I heard they lost the financing which if true means the City just gave away land they cant get back fo years.
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PostPosted: Thu Sep 11, 2008 7:38 pm    Post subject: Reply with quote

I'm sure the City has a performance clause.
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PostPosted: Thu Sep 11, 2008 9:06 pm    Post subject: Reply with quote

I think if it's not built the City can retain possession after five years.
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PostPosted: Fri Sep 12, 2008 8:34 am    Post subject: Ice Ranch Reply with quote

Read Section 10A of the Agreement (posted on the City's website).  It says that construction must commence on or before December 31, 2008, or the Ice Ranch has the option to either pay the City $1,411,732 or return the property to the City.
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PostPosted: Sat Sep 13, 2008 8:11 am    Post subject: Ice Ranch Reply with quote

Quote:
Posted: Fri Sep 12, 2008 8:34 am    Post subject: Ice Ranch  
Read Section 10A of the Agreement (posted on the City's website).  It says that construction must commence on or before December 31, 2008, or the Ice Ranch has the option to either pay the City $1,411,732 or return the property to the City.


Given the present state of our economy, in general, and specifically the widespread scarcity of bank financing, I am not all together surprised The Ice Ranch may be having some difficulty with financing. Everyone is. However, the Ice Ranch proposal is still the best proposal for 20th and Depew and I hope the citizens and our City Government remain supportive of this endeavor. The City doesn't pay taxes or incur many expenses on the property (OK, they have to mow and water that tiny strip of lawn) so we can afford to be patient.
The economy is not The Ice Ranch guys fault. That blame belongs in another thread... I support this project and I'm pulling for them!
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PostPosted: Sat Sep 13, 2008 8:38 am    Post subject: Reply with quote

I still belive
I have the faith in the Council decision and I have faith that it will go through .
If everyone thinks positive  it will happen.
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PostPosted: Sat Sep 13, 2008 9:26 am    Post subject: Reply with quote

So is it fact that they are not proceeding with the project due to financing?  Or is that just another rumor.


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