Why won't the County Attorney respond to inquiries about the great $6 million lease deal that went to IDA Executive Director who owns an interest in the property being LEASED TO MADISON COUNTY as as "temporary" courthouse??
This resolution was passed at the April 11 Board meeting and simply described as a lease to "Kenwood Community Properties LLC ("KCP") in a flood area, that needs:
$800,000+ in renovations and
$300,000 per MONTH Rent ...for a minimum of 18 months ( = $ 5.4 million)....
plus "damages" if they're not out at end of lease???
And a 5% increase built in...
The simple LEGAL question: was this relationship disclosed to the SUPERVISORS and the PUBLIC ?
....and how can they explain $300,000 PER MONTH ? REALLY...who negotiated that deal!
Guess that is a question no one wants to answer. It's a legal question, but the legal department doesn't want to answer...WHY NOT?
I have made a Freedom of Information request to obtain a copy of the lease.
Here's the MATH:
$300,000 per month Rent
x 18 months
$5,400,000 RENT
+ $800,000 RENOVATIONS
$6,200,000
