RM 08-02-74 - Laserfiche WebLink

Home Browse Search

4. REPORT OF TRUSTEES MEETING OF THURSDAY, AUGUST 1, 1974 (Cont'd made it my business to check how much money was involved in ;he various projects that we have undertaken and the figure mounts to $48 Million - -to say nothing of what has generated n private investments downtown- -and to say nothing about the on -cash grants which are not in that figure. As you know, the on -cash grants are equal to 1/3 of the total we invested. ow do you get recognized on what was really involved? One is hat I kind of pride myself in this in that we had about 60 some mployees - -I believe - -and when you consider that number of people lus the vast amount of money involved, our record is pretty lean, and I am about as proud of that as I am of anything else- - o scandal, fraud or degradation of any kind - -at least of what is bvious. That consideration is a worry to the Board of Commissioners oo. Every one of them did a tremendous job! s your President, I am very grateful to having had the opportunity o serve you and it has been a real pleasure. It was fun! My time as not been without some difficulties. I remember about a year r two ago, we were doing nothing but demolishing buildings and eople did sympathize. Some said, "What in the world are you going o do with all that land and have a hole ?" I was concerned that aybe they were right, and all of a sudden things came to take shape nd began to start improvement downtown. e should all be pleased of the job we did and what the effect it as on the taxes - -all the dollars and cents -- increase in assessment nd values and of the real estate in downtown improvements. It far xceeds the full values of those buildings we demolished and it is nl y the beginning. When Associates finally breaks ground - -that is a rivate investment- -and it will further help the assessed valuation or the community. told a lot of people I find it difficult to find a reason to quit, t I have served since '58 and it is in good hands. If it weren't good hands, I wouldn't even consider.it. I want to thank every - e for their help, and I thanked the Executive Director yesterday r the statements. have had some very good ones and some bad -ones. When it comes wn to the nitty gritty, we have had good Executive Directors who ve been very, very helpful, and that includes Chuck, and I am azed at Chuck, and I don't know where he gets his energy, as did . Lloyd S. Taylor before him. But the vast amount of money we have had go through this office j st amazes me! Bob -- before you of here I was saying- -the total wa have spent outright was about ?48 Million - -to say nothing of w at has been done in private investments and non -cash credits, aid I am pleased too, and will attend the next meeting, and, as I s id prior, it has been fun' - 5 -