November 2nd council meeting at City Hall

Tuesday November 2, 2011 the Bicknell City Council along with the mayor accepted a bid from Myczak and Palmer to oversee the downtown development project.

Pace did not submit a bid, suggesting that with their recent problems they are removing themselves from the Bicknell project.


John R. Stanczak
 

Comments

Nov 2 Council Mtg

Does anybody know if the 7 new units will be apartments that will be sold to any landlord (not just poverty level buyers)? We don't need 7 new rentals to compete with what will be a looming over-supply of rental property coming up with the departure of Duke workers. But if they are built I will be interested as they should rent quickly and will be priced at below cost.

Ron Ackman

According to the Mayor's office

It appears that there will not be any apartment buildings but there will be one townhouse which will be sold the same way that the duplex's are sold with the same type of requirements. The difference, the duplex and townhouse is that the townhouse will be two levels instead of one.

They're going to check to be sure that the information that they gave me was correct.

The city is moving forward on the houses and have two that are finished and are for sale; there are at least one person interested in one so far. As far as the building of new ones according to the mayor's office work has never been stopped.

Concerning the bid on the downtown project it was done by the Board of Works and right now nobody seems to know the amount of the bid.

This is some more information that the mayor's office is researching for me.

John R. Stanczak

According to the Mayor

I was told by the buyer of one of the houses that his purchase was stopped at least temporarily along with other activity because of money being missing. One house was sold earlier and closed and the new people live in it.

The rest are sitting vacant and at least one is unfinished and the last one is still just a slab. I dont see any activity on any of them. In fact the grass needs to be mowed around them.

I have my doubts about any of the information you are getting from the Mayors office. The Pace project was awarded $1,250,000.00 of which Pace got around $200,000.00 which left around 1 million dollars for the city as I recall.

This new project was also applied for by Pace and since it was awarded Pace will surely collect their fee for their efforts.

I hope their fee will be reduced if Myczak does the work.

We need to get some of this information.

Ron Ackman

Talked to the Mayor's office

The mayor's office still does not know the amount of the bid but they are having a meeting Wednesday after election day and she will find it out for me then so I will call her back. I was told that the mayor knows the amount but is not in today or tomorrow.

Two houses are completed and on the market but there is not buyers yet. They still tell me that the work on the houses never was stopped.

They confirm that there is no apartments in the plans and that they mistakenly spoke of as apartments was in fact townhouses.

John R. Stanczak

Well what they are telling

Well what they are telling you doesn't match what the human eye can see.

Also there is a story going around that one of the building contractors bought one of the houses he built.

Is there any truth to that?

Ron ackman

What they told me

They told me that they have not sold any of the houses and that only 2 has been completed so far. She told me to call her back at the end of the week to get more information so I will.

John R. Stanczak

this is strange. Dave Culp

This is strange. Dave Culp the loan officer for Old National Bank in Vincennes told me that 327 Alton closed this summer and he was the loan officer for the closing. And I know that the buyers are living in the house.

I don't think they rescinded the sale! I dont think that is even possible. He also told me that the loan had been sold to a buyer on the secondary loan market from Old National.

I have a notion to call Beth Meeks Real Estate to see what is really going on. She was the Realtor who got the listings.

According to the mayor

Sorry I got busy Friday and was not able to get back to the mayor's office but will contact them on the first of the week.

John R. Stanczak

New Construction Houses in Bicknell

I was to be one of the buyers for a house on Alton Street. As I put my everything into this house for two whole years. I watched my house come down, as it was sold to the project. Then I watched as my house went up so slowly I never thought it would be done. I got down to picking out the final lighting. I was to buy this house on a Lease option to purchase plan.This was because I was told to file bankruptcy though the financial class I had to take. I did everything I was told to do. Amy even sent me contracts we would use. Then out of the blue I got a phone call that I had two weeks to get financing or they (pace employees) would be putting the house up for sale. I was totally shocked and floored! I knew because of the bankruptcy there was no way any bank would touch me at least for one more year. Thats why there was going to be a lease purchase option for me( which I was told to keep secrete). Well anyway long story short, they got my land, even though the bought it, I got nothing but heart ach. thats ok, they can keep it. I have a wonderful house now and they have a beautifully designed home (by me) sitting empty when they could have had regular payments for a year and then I woudl have bought the home. Wonder how some people can sleep at night.