Posts filed under ‘Corporate responsibility’

2006 – Lorain was dreaming lights on Broadway then and now

PHOTO- MARK TELEHA LORAINCOUNTYPHOTO BLOG

PHOTO- MARK TELEHA LORAINCOUNTYPHOTO BLOG


There has been much toing and froing ( even on this blog ) with the Broadway Building and a successful downtown.
http://www.chroniclet.com/Local-News/2016/10/11/Lorain-developer-hopes-to-have-fudning-estimate-by-month-s-end.html

http://www.morningjournal.com/general-news/20161010/lorain-city-council-public-voice-support-for-broadway-projects

I sat at Lorain City Council chambers last evening for the latest discussions as to what was going to happen at 642 Broadway ( United Way)
https://thatwoman.wordpress.com/2015/04/15/money-for-old-rope-a-taxpayers-question/
and the Broadway Building-

I have aged since Spitzer mothballed the Broadway Building 11 years ago BUT sitting there last night I lost 10 years because I was back in 2006. So here is a reprise of a post I wrote back then on the old WoM Blog when I said then Show me the Money….
Apologies the newspaper links from 2006 have disappeared from the web but at the time they were available – not written in stone apparently but they were there when the article was originally written

WoM Logo  by  Scott Baklar

WoM Logo by Scott Baklar

Back in 2006……..
Loraine Ritchey: Vision to do = needs dosh
or Show Me the Money!

(** note concept drawings courtesy of City of Lorain)
Noun: dosh dósh [Brit] Informal term for money – boodle, bread, cabbage [US], clams [US], dinero [N. Amer], dough, gelt, kale [US], lettuce [US], lolly [Brit], lucre, loot, moolah [N. Amer], pelf, scratch, shekels, simoleons [US], sugar, wampum [N. Amer], moola [N. Amer]
We all have visions of what we would like to see happen in this city by the shore. We have a lakefront begging to be cherished by people with vision, expertise and cash to make it happen. The recent announcement of the Maritime Museum moving to the old Pellet site was a welcome vision.
ship-plan
but like everything in life the concept needs the cash needs to make it a reality.

NOTE: THE MARITIME MUSEUM DID NOT HAPPEN BY 2016

BACK TO 2006
The Baseball stadium and field of dreams is also a vision of some of the community

It has taken by the last count $240,000 to reach the stage where CSU baseball will come and play for a couple or three seasons, once the field is prepared to certain specification, which of course will take more “dosh”. It is hoped by the proponents of the stadium/ field that the ripple effect of having a college team play in Lorain will eventually lead to bigger things – possibly a stadium – professional baseball. Dreams, assumptions , wonderful visions – we have had them all throughout the years.

NOTE 2016 from Ballpark Reviews
http://ballparkreviews.com/template2.php?in_name=The%20Pipe%20Yard&in_city=Lorain&in_state=Ohio
One has to wonder in 2016 how much this costs us to support in the last 10 years

pipeyardres The photos in the screen shot from Ball Park reviews were taken in 2007

Streets and Sidewalks Committee Meeting October 23rd,2006

GIVEN: We have not even advertised yet. We are hoping and basing our future on wishes assuming that will take place. We have had fifty years of assumptions that have not paid off in this town. We need to be very cautious otherwise we are mortgaging the residents’ future on a dream. It is one thing to look at things and make educated guesses but it is another to dream…

2006
Then we also have the Heritage Trolley planned to loop around our downtown district
trolleyres

photo Heritage Trolley.org

“In order to implement the restoration of the streetcar system in Lorain, OH a Community Improvement Corporation (501-c3) has been formed. This Lorain Street Railway Inc. will be made up of members from the Lorain Port Authority, City of Lorain, Mainstreet Lorain, Chamber of Commerce, Lorain County Metroparks, Developers, Civic Leaders and other persons knowledgeable in the field. The wide range of membership is an indication of the community support behind this project.”

2016 – call it a Street car in Desire only – never happened …….

2006
The Lorain Palace, the grand old lady of Lorain holds a special place in this community – saved from destruction by the vision of the “ladies who lunched”. The latest plans to annex her to the Eagles building with all the performance areas, classrooms for the arts, entertaining in conjunction with the Palace that could entail is definitely a vision close to my heart. The vision is there but very little money.
eagles

2016 We are still talking happy talk……

2006

Friday October 13th 2006 (the timing of that announcement didn’t bode well for those of us who are superstitious) found us reading the article “Lorain looks for bright future on the lakefront” Kate Giammarise (Morning Journal)
ores

“Altogether, it’s about two to two and a half miles of waterfront property, amounting to about 100 acres, said Don Romancak, a planner in the city’s Community Development Department. The city and Port Authority say they are partnering to have more land to offer developers”

The Pellet site was home of the “ore piles” and the coal docks – someone else’s “vision” of waterfront development.

”It’s wide open,” Foltin said, adding the development could include condominiums or other housing, retail, recreation, hotels, a conference center, a baseball stadium — or even casino gaming. ”(Having casinos in Lorain) still is near and dear to my heart,” Foltin said. ”Don’t think that door is closed”

2016 NOTE: I should have taken that bet ! because that door hit us in the wallet on his way out of town

The City of Lorain is proposing marketing and requesting RFP’s ( Requests for Proposals) from developers, some locally already have the information (see Agenda packet October 16th – Lorain City Council). Other options such as advertising our acreage nationwide and beyond are on going.
For some the coming together of a vibrant, bustling community can’t come soon enough Chronicle Telegram, October 25th-2006 by Joe Medici

LORAIN — With a Woolworth’s, a J.C. Penney’s, restaurants, movie theaters and dozens of small shops lining Broadway, Lorain’s downtown was once the jewel of the city.

Today, business owners on the city’s main corridor are just looking for ways to keep their doors open
2016 Well at least that still holds true
The people of Lorain may not agree on whose vision is the correct one but there isn’t a single solitary soul in this community that doesn’t want to see “Lorain Alive and Well” with people, housing, entertainment, jobs. That is the “vision” upon which we all agree.
Now we just have to get someone with the creativity, expertise and the financial backing to take our visions, show what is ”do-able with the dosh available” and make them reality. “Oh Say can you SEE??????”

2016 and there we sit 10 years later still polishing our rose coloured glasses and dreamin’ ………..

ALL IT TAKES IS MONEY-
retownres Source http://retown.com/

October 11, 2016 at 4:37 pm 1 comment

An open post to City of Lorain- The History of Frustration

meThis post actually started out as an email to City Council members but like the housing situation we find ourselves in and lack of accountability it too became too much and unwieldy- no one was going to read through it.

Lorain%20City%20Council%202016%20m1615
Photo Source – City of Lorain
There are any number of reasons Lorain finds itself in the housing position we are in today:
Joe Koziura
Mayor Koziura 1996-2000( now Council at Large) tried, along with then Building Inspector Mr. Murphy, to reign in the deteriorating homes and buildings in Lorain and lawyers 😉
img272
https://thatwoman.wordpress.com/2013/07/09/the-pos-and-nuisance-ordinance-a-lesson-in-history/
housing court

This did not sit well with the mega landlords ( at the time ) and they supported Craig Foltin for Mayor .
craig foltinand friends
There was , imho, a let us appease those who are “squeaking” the wheel in 2005 – see article Broken Homes from the Chronicle – when a number of us went before Mayor Foltin and Mr. Desvari stating the deteriorating neighborhoods.

brokehomes which “chronicles” the situation. I re – chronicled the issues in May 2012.

https://thatwoman.wordpress.com/2012/05/01/lorain-oh-broken-homes-broken-people-just-plain-broke-part-two/
Desvari
The then Building Inspector Bill Desvari , himself on charges before he died , gave token action to the problems .

Desvari’s most recent legal problems began in 2008 when Lorain police launched an investigation into his dealings as head of the city’s Building Department.

He was placed on leave in February 2008 as police probed complaints about problems with homes in the King’s Woods subdivision. That investigation expanded to include allegations that Desvari allowed an unlicensed cement contractor to operate in the city in exchange for the contractor doing work on Desvari’s Columbia Township home.

Desvari was indicted in July 2008 on charges dealing with the contractor and allegations that he failed to complete inspections and require permits on homes in New Century Village.

Another round of charges were brought in 2010 against Desvari that centered on two $5,000 loans Desvari received from men his attorney has described as friends. Prosecutors contend the loans were actually bribes.http://chronicle.northcoastnow.com/2012/08/06/former-lorain-official-dies-while-awaiting-trial/

We then had the Sub Prime Mortgage Crisis 2008 , for Lorain and “property procurers ” this gave them a huge “feeding frenzy” with very little controls from local government.

citylorain feeds

You have anecdotal situations brought before the media and City Council – the sound bites of frustration. We have had council people literally venting their frustration at meetings. AND although everyone seems to be on the same page with “doing something to stop the rot and turn around the older neighborhoods” for the most part hands are tied

brokenstar
The situation , imho, has become laughable , when even a junk car next to a church and in a neighborhood becomes “Where’s Waldo” ( the trashed car) How many weeks did this take only to have it moved to another junked property around the corner so to speak ?
https://thatwoman.wordpress.com/2016/05/20/don-the-downspout-says-lorain-in-a-fix/

The Art Car

The Art Car

artcarhome
We have any number of people “playing the system” ( judicial)the cost of doing business a mere fine and not having to abate issues.

There are so many of these situations , they are too many to document The whole system is broken because of a lack of respect, ( which can’t be legislated), lack of accountability ( which is not accounting for much) , a city with a declining job market and one of the biggest businesses in town – the rental business making profits don’t take my word for it Kent Sutton one of Lorain’s mega landlords and LELA members was quoted affirming the fact :

“We simply assure housing providers that they{LELA MEMBERS} are running a business not like any other business,” Sutton said. “The housing should be kept up to some condition of the neighborhood.” http://www.morningjournal.com/article/MJ/20120618/NEWS/306189973

The frustration of City Council Members , The Administration, ( and yes the Judicial, hamstrung by ineffective fines , time lines and legal lalala speak is clear – the frustration is spilling over in the neighborhoods and City Council floor as there does not seem to be a simple fix.

We have tweaking of our ordinances so that lawn mowers ( as seen from space) does not become an everyday occurrence because there was loophole in an ordinance that brought this one iconic situation before housing court for the past FIVE YEARS. .

http://www.morningjournal.com/general-news/20160523/lawn-mower-legislation-under-review-in-lorain
3200 jaeger road

The cry is we need jobs!!!! Let us look at that

When a Corporation/employer looks at a community in which to relocate they look at Infrastructure, School system, housing etc.

econres
http://www.forbescustom.com/EconomicDevelopmentPgs/CorpRelocationCurrentTrendsP1.html

What is the answer to our tale of woe……. well here is a clue :

that they- [ ED. NOTElandlords/ mega property owners} are running a business not like any other business………………………….


TO BE CONTINUED

May 24, 2016 at 1:45 pm Leave a comment

The Housing Tale- a history- not a mystery- just bank business

meter oh boy

My phone rang this morning from US Bank NA https://www.usbank.com/ They have written twice to Charleston Village Society thinking we were a Home Owners Association.

USB they were following up on 1721 W 12th Street
172112

According to the Lorain County Auditor’s Site this property transferred to them under Sheriff’s Deed January 5th 2015

Transfer History – 2015000025
Sale Date Sale Amount Conveyance/Exempt Number of Parcels
1/5/2015 $22,000 2015000025 1
Parcel Grantor Grantee
0202028107009 HAGWOOD HERBERT M JR & HALSTEAD HOLLY M US BANK NATIONAL ASSOCIATION


red flag
Not a problem there but the red flag went up once more because I had received a letter before ,from this bank, thinking we were a Homeowners Association for 329 Hamilton ah yes 329 Hamilton.

The other property mentioned as being under Vision Property Management AKA Kaja Holdings II ( of the many roman numerals association with Kaja ) and
RVFM II SERIES LLC ( most worrying all these roman numeral LLCs)-
https://thatwoman.wordpress.com/2015/09/11/the-housing-court-and-you-lorain-part-one/

329ham
This property was also a Sheriff’s Deed and according to the Auditors site was purchased back for $40,000 – and in my humble opinion was another bank dump for $4,355 WITHOUT POINT OF SALE – The obligatory hand-written sign RENT TO BUY went up AND YES THERE ARE PEOPLE NOW LIVING THERE !

https://thatwoman.wordpress.com/2015/09/17/the-follow-up-a-tale-of-two-houses-city-council-loraine/

Sale Date Sale Amount Conveyance/Exempt Number of Parcels
11/17/2014 $4,355 2014005153 1
Parcel Grantor Grantee
0201006108004 US BANK NA TRUSTEE RVFM 11 SERIES LLC


This property was coming up before Lorain’s Housing Court for No Certificate of Inspection ( aka POS) – outcome ?????????

When the US BANK NA phoned this morning – September 24th- I stated the property at 1721 W 12th was NOT in Charleston Village Society’s area and said:

“Are you selling this property on?”

USB:
I really can’t say I am just clearing any paperwork with the property

Oh well before you do “sell on” or transfer to a Property Management company for a percentage of the properties worth you should be aware there is a Certificate of Inspection requirement in Lorain- since January 1st 2014- Your bank neglected to follow through on that aspect for your property at 329 Hamilton . You might want to red flag your properties in Lorain as needing a Certificate of Inspection.

USB- Oh I will make a note of it

red flag
And Lorain might want to flag their properties, as every Lorain property that I clicked upon of the 116 owned by US Bank NA went back to them under Sheriffs Deed-

Granted it was a random search but what are the odds the majority of those properties are similar Sheriffs Deeds? Even the $100,000 5098 AVON BELDEN RD NORTH RIDGEVILLE OH 44039.

Elyria, you might want to check there are a plethora in your community – Hopefully they won’t be dumped – I can tell you from years of experience those type of sales do not “help ” the worth of housing stock in the neighborhood…..
https://thatwoman.wordpress.com/2012/07/11/banks-banking-on-lorain-business-of-blight-devaluing-lorain/

The banks have been bailed out once for poor business practices “Banking and Sub Prime 2008- . I, for one, do not want to keep suffering for their poor mortgage decisions . Hopefully US Bank NA gets the message that they have to follow the laws of Lorain! Any Bets????

red flag
US Banksc

September 24, 2015 at 3:33 pm 1 comment

The Follow-up – A tale of Two houses City Council Lorain(e)

Wurmser for lease rs 091015
Fulton Road 02 rs 091015

September 14th the Lorain City Council Public Meeting on Point of Sale.
as mentioned in the Morning Journal Newspaper. ( http://www.morningjournal.com)

http://www.morningjournal.com/general-news/20150912/lorain-city-council-to-discuss-enforcement-of-point-of-sale-inspections
Council Chambers held more than the usual few – Invited participants included members of Lorain County Government and Magistrate Cook , in whose courtroom I had found myself ( trying to hear) on August 12th and September 9th. I won’t go into detail you can find coverage here
http://www.morningjournal.com/general-news/20150914/lorain-council-wants-stiffer-fines-more-enforcement-for-point-of-sale

BUT WHAT I CAN SAY IS:
judy nedwicksnodgrass

COUNTY GOVERNMENT HAS TO BE INVOLVED TO HELP IN THE POINT OF SALE ON THE FRONT END THROUGH PROPERTY TRANSFER- –
Cook
AND JUDICIAL HAS TO BE JUDICIOUS ON THE BACK END. THESE ISSUES ARE NOT JUST LORAIN ISSUES!!! These out-of-state / county holding companies are not choosy where they feed.

Visionres

When I attended the Housing Court on Sept 9th I met a family – The Shaffers- whom, to my mind, have become the faces of unscrupulous out of state Holding and Property LLC Companies .

The Shaffers, are in sort of a legal limbo when it came to having their say in Housing Court- Before the bench those days were the LLC Kaja Holdings 2 in all their Vision Properties glory who were the “defendants” along with their attorney Jaing, Lei- ( Lei Jaing) who got to plead their case –jaing lei
http://eb5info.com/eb5-attorneys/35-lei-jiang

Unfortunately the Shaffers , although they believed themselves to be the owners 4132 Fulton ( since they were the purchasers of the home – under the Lease to Own agreement) – had no say in the courtroom and therefore were dismissed from the courtroom by Magistrate Cook, in all likelihood as they were not on the paperwork given by the city. They were considered tenants.

The Shaffers , thanks to City Council Committee on the Enforcement of Point of Sale and Councilman Dan Given, did get their say! The media also have given them coverage
http://chronicle.northcoastnow.com/2015/09/16/lorain-familys-ordeal-highlights-point-of-sale-systems-flaws
http://www.morningjournal.com/article/20150915/NEWS/150919657

The Shaffers produced a receipt given to them ( see Chronicle article ) showing they had paid $350.00 to Vision Properties ( aka Kaja Holdings) for what they were led to believe was for a City of Lorain inspection for POS/ plumbing/ electrical. NOTE: the actual inspection by the City of Lorain is $100.00 and the city did not inspect this home.
Two things come to my mind-

Had the Shaffers ( who had brought the documentation to court been allowed to speak- Kaja Holdings/ Vision Properties may have had to answer some very interesting questions from the Magistrate if not the city prosecutor/ Building and Housing Dept.
fraud
ONE: For instance in all of the properties purchased by Kaja Holdings, RVFM , Vision Property Management
etc. after Lorain’s Point of Sale

How many times, since a number of them have been cited for non compliance Certificate of Inspection (POS), took money for such a supposed inspection from the people ( Leasing to Own)? Obviously they did it once and made money – were there others so duped?

And number TWO-

To this layperson’s thinking does this not constitute fraud? Using an ordinance to take money from people, not following that ordinance, and charging three times as much for the compliance of the ordinance that never was- and if the City of Lorain’s inspectors weren’t the person with the clipboard who was? How many times has this – in my opinion -fraud happened . Is not the City of Lorain an injured party in all this? Will we prosecute?


The Shaffers, are still in a mess but hopefully now someone has listened they will be helped and the City of Lorain has garnered some interesting information.
Carpetbagger_cartoon_dbloc_1872_adj
Unfortunately, a quick drive around my neighborhood shows another Property Company from Columbia South Carolina and Fannie Mae up to their old habits . 917 9th Street– There are the rent to own signs everywhere on this house –
917res
and

IMG_4219
Now you know if my discharging “donspout” was cited in February and given 6 days to be fixed
https://thatwoman.wordpress.com/2015/02/01/ode-to-a-downspout-named-don-lorain/

then this house on 9th NEVER could have passed a point of sale inspection !

The house sold and transferred July 27th 2015– Another “sale by Fannie Mae ” ( Federal National Mortgage ) before POS- BUT HARBOUR PORTFOLIO VII LP ( NOTE the NUMBER VII)sold it on for 1,500 dollars – probably after renting it out for a couple of years

917 9thres

I wonder if Clotilde Ann Eaker – SOUTH KOREA knew about Point of Sale ??
This Harbour Portfolio VII is also tied up with
NATIONAL ASSET ADVISORS, LLC
Address: 4350 ST ANDREWS RD, COLUMBIA, SC 29210

http://naadvisorsllc.com/
Harbour Portfoliores
And it is their signs all over the 9th street property
IMG_4214
They too have a couple of homes in Lorain on their site
assets

OH and Vision Property Management they have added a couple since the last time I checked
Visionlistres
Interesting : 1144 Washington ( AKA Kaja Properties) has been in Housing court with numerous violations –
https://thatwoman.wordpress.com/2015/09/11/the-housing-court-and-you-lorain-part-one/
614 W 21st Street
Address: WELLS FARGO BANK NA TRUSTEE
1665 PALM BEACH LAKES BLVD WEST PALM BEACH, FL 33401
Tax Bill Mailed to: DEUTSCHE BANK
1665 PALM BEACH LAKES BL WEST PALM BEACH, FL 33401
Then there is
1837 E 36th Street

Owner Name
Address: CHRISTIANA TRUST
1665 PALM BEACH LAKE BLVD WEST PALM BEACH, FL 33401
Tax Bill Mailed to: DEUTSCHE BANK
1665 PALM BEACH LAKES BL WEST PALM BEACH, FL 33401

Notice anything the addresses are all the same ( Deutsche Bank) –
https://en.wikipedia.org/wiki/Deutsche_Bank
they have been known to transfer to Kaja , Vision, and whomever. in this sordid property tale.

Oh! dear me and yes you can still purchase 1348 West Erie
Wurmser for lease rs 091015

Our new group of LLCs. LP Numbers ONE through apparent infinity is “Harbour Portfolio “ and their source of supply Fannie Mae aka Federal National Mortgage

This is not new to North East Ohio and Harbour Portfolio V11 of them was with their source Fannie Mae ( Federal National Mortgage ) the FEDERALLY backed mortgage company
http://topics.nytimes.com/top/news/business/companies/fannie_mae/index.html

fannie mae

Good old Fannie, she has been busy with Harbour Portfolio and all its numbers
Portfolio Harboures

There were 27 listed – Lorain- Elyria some after Lorain’s Point of Sale and every single one of the came from Federal National Mortgage – dumped on US( in my humble opinion).

We are not alone in this bank dump behaviours- Fannie has been “fannying” around with property and old neighborhoods in Cleveland as well
Carpetbagger_cartoon_dbloc_1872_adj
Predatory Carpet Baggers
the focus of an article in 2012 Cleveland
http://topics.cleveland.com/tag/harbour-portfolio-vii-lp/posts.html

Fannie Mae, the government sanctioned lender of last resort, panders to predatory flippers by dumping zombie properties for chump change, writes Christopher Evans

What sets 3868 apart is the prior owner: Fannie Mae, that government-sanctioned lender of last resort, is back in the business of selling foreclosed zombie properties to predatory carpetbaggers.

Harbour Portfolio bought the property for $4,304 last February from Fannie Mae, according to the Auditor’s Office.

Fannie Mae did not disclose that the property had been condemned, Brancatelli says. Not that Harbour Portfolio would care, he adds. “They’ll find some buyer who’ll put lipstick on the pig and rent it out.”

The condemnation notice? “They’ll buy a key at Home Depot that’ll turn the water back on,” Brancatelli says.

………It also notes that Building and Housing has prepared 22 criminal charges against Fannie Mae for not obtaining certificates of disclosure on properties before they were transferred. An additional 38 charges are in the works, the email adds.

Not much changed then.

Where are the Feds when you need them? Oh that is right they back Fannie Mae.

September 17, 2015 at 10:48 pm 5 comments

The HOUSING Court- and YOU! Lorain Part One

2th and Hamiton

I have, for more years than I care to remember, bitched and moaned about the deteriorating homes and neighborhoods in this, Lorain’s oldest neighborhoods.
https://thatwoman.wordpress.com/2013/11/16/welcome-to-fairyland-aka-in-the-pink-lorain-ohio/
Beautiful large family homes , homes built for the entrepreneurs of Lorain’s past becoming cut up transient housing , bastardized by owners for more income.
https://thatwoman.wordpress.com/2012/08/15/rape-of-lorain-literally-determining-the-health-of-my-neighborhood/

I have written about the banks and what I consider to be bank dumps adding to the loss of value to the surrounding properties.
https://thatwoman.wordpress.com/2012/07/11/banks-banking-on-lorain-business-of-blight-devaluing-lorain/
landof
I have written about Point of Sale which came into being January 1st 2014.It was and is a program for which, I believe, will help other Lorain neighborhoods from falling into the desperate housing situation this old neighborhood faces every day.

Point of Sale “should’ve been ” about protecting the buyer of a home, making sure the home was safe for a family –

pos
helping stabilize neighborhoods from frankly, becoming what we in “old Lorain have to deal with – rotting homes used and abused , sold on until they have to be torn down! BUT THERE HAS TO BE SOME ACCOUNTABILITY ON THE JUDICIAL END !

https://thatwoman.wordpress.com/2015/08/11/selling-of-lorain-an-energy-decision-red-flags-flying/
1223 W 6th
When Point of Sale is followed correctly the city benefits, the seller knows they are selling a home that is worthy and the buyer knows the home meets codes- no surprises!

I have written about the legacy left to Lorain by multi- property owners that are now deceased, literally hundreds of properties that were and are a disgrace now on the chopping block to be razed at taxpayers expense.
https://thatwoman.wordpress.com/2014/09/20/george-schneider-a-property-legacy-what-now/
138 col

The theory of Point of Sale was, according to at least one newspaper account, The Chronicle
http://chronicle.northcoastnow.com/2013/07/09/lorain-inspection-law-under-fire/

” Sales would be blocked until repairs are made and failure to make repairs could result in first-degree misdemeanor convictions and up to six months imprisonment, a $1,000 fine or both.”

That in fact is NOT what is happening when Point of Sale is not followed – Sales are NOT being blocked – those that do not go through Point of Sale have not had any of their “sales” blocked – they happen and the process is retroactive.

Should these home not go through Point of Sale the last step is Lorain’s Housing Court ! How many I wonder will be receiving the up to $1,000 fine and/or a possible 6 months in jail?

I attended two housing courts in a month- August 12th and September 9th to say I was, as a lay person, less than impressed with the system is an understatement. I will deal with the over all impression in Part two.

My concern in this post is the example of at least one group of holding, property companies that seemingly play the system and apparently “non- accountability”

https://thatwoman.wordpress.com/2015/07/24/lorain-common-core-values-and-pos-pt-5/

1348
1348 West Erie 2012

In the above post linked, you will see the Poster Child of Point of Sale and the cry by those in opposition to Point of Sale NO ONE WILL BUY THIS HOME BECAUSE THERE IS A RECORD AMOUNT ESCROW REQUIREMENT $45,750.00

http://www.morningjournal.com/general-news/20140620/lorain-house-sets-record-with-45750-escrow-requirement
HA!the house sat there owned by Fannie Mae until it transferred quietly to Kaja Holdings LLC .

You will see in that self- same post Kaja Holdings is part and parcel of a number of other LLC’s coming under an umbrella of Vision Properties .

Kaja Holdings LLC in and of itself has these properties listed on the Lorain County Auditors Site
Kaja Holdings Lorain

Of those properties ( which includes vacant land) 9 homes were purchased AFTER POINT OF SALE January 1st 2014. How many of those actually went through Point of Sale??? Certainly NOT our Poster Child House, 1348 West Erie.

After I wrote that post , on August 5th I noticed that one homeowner in Lorain was cited for his outdoor showroom. He was found guilty and the terrible punishment after 4 YEARS of citations and a plethora of lawnmowers $150.00 and court costs.

3200 Jaeger Road 01
https://thatwoman.wordpress.com/2015/08/05/outdoor-showrooms-lorain-by-don-the-downspout/

That fact sent me finally to the last bastion of defense citizens have in this Inspection/ Citation/Court process. Lorain’s Housing Court!

Cook
The buck apparently stops with Judge Christopher Cook, of Lorain’s Housing Court .
Judge Cook is internationally known ( well at least in the UK) as to having his gavel stolen

http://www.dailymail.co.uk/news/article-1375564/Now-THATs-order-Man-captured-stealing-judges-gavel-court-surveillance-camera.html

The City of Lorain relies upon our Law Dept. to prosecute ( the two days I went, the Prosecutor was Joe La Veck ) the Lorain Building Dept. acts for the city ; for the most part defendants act for themselves. Groups and banks tend to have attorneys who go first on the docket – so it seemed to me anyway.

I initially went to the court on August 12th to watch the process and I will write about the “process of the court” in a follow-up post .

In the meantime on August 12th 2015 who was up front and center – Kaja Holdings 2

This is the list from Public Records from the Court. Court Docket and Violations :
kaja Aug12
Kaja a 2

Those discerning readers will see that of the 9 homes in Lorain owned by Kaja Holdings ( please note there is a back story to 4132 Fulton)

Source Auditors site

Source Auditors site

SIX of those properties listed as belonging to Kaja Holdings 2 on the County Auditors site were before the Judge on August 12th 2015 And of that same list of properties owned were purchased AFTER Point of Sale January 1st 2014.

1739 W. 19t – seller to Kaja Federal National Mortgage 11/12/2014
1348 West Erie- seller to Kaja Federal National Mortgage 2/3/15
2027 E 31st St – seller to Kaja – Deutsche Bank 9/30/14
4132 Fulton – seller to Kaja Federal National Mortgage-1/22/14
1719 Hamilton- seller to Kaja – Federal National Mortgage 11/12/14
700 W 17th- seller Bank NY Mellon Trust – 3/23/2015

SURPRISE! SURPRISE who sold these properties to Kaja Holdings OH YES!!! the BANKS!!!!!

I have yet to have confirmed if some of them received a Certificate of Inspection going through Point of Sale.

Although the Poster Child of Point of Sale was confirmed as not having gone through Point of Sale as well as 329 Hamilton Avenue( from yet another bank and a rent to own sign) which also shares the same address as Kaja Holdings/ Vision Properties – in fact they have any number of LLC’s and I just scratched the surface

https://thatwoman.wordpress.com/2015/07/24/lorain-common-core-values-and-pos-pt-5/

Yes! that is correct another LLC using the same address as the purchaser of 1348 West Erie Address: RVFM 11 SERIES LLC
16 BERRYHILL RD COLUMBIA, SC 29210

Two of Kaja Holdings properties ( August 12th) were lacking a Certificate of Inspection
purchased or transferred by those pesky banks – after Point of Sale
1719- Hamilton– (sold for ZERO dollars according to the Auditors site)

and 2027 E 31st Street.( sold for $6,450)
City  of Lorain
How do I know Kaja Holdings is Vision Properties because the court docket from another trial to be judged by Judge Chris Cook tells me so .

Unfortunately, for one family I met in court on September 9th they had taken Kaja Holdings up on their offer as seen in an advertising sign put on the grass at 4132 Fulton – Lorain – This home was also one of those Fannie Mae ( Federal National Mortgage) transfers for Zero dollars.

You know the Rent to Own / Land Contract deals – 500 down and so much a month
Kaja lease to own

they can be found on the net easy enough http://www.housinglist.com/rent-to-own/oh/lorain#listings
http://www.realtystore.com/bargain-homes/ohio-rent-to-own/lorain-county.htm

In the POS ordinance found here
173-13

it states :
landcontract

Apparently a fact lost on the Shaffers who thought they were purchasing this home. The home had various violations cited before the court on August 12th

4132 Fulton – seller to Kaja Holding 2 Federal National Mortgage-1/22/14

( court complaint August 12th 2015)
307.1 accumulation of rubbish
302.7 Accessory structures
302.9 defacement of property
304.7 Roofs and drainage
304.13 window skylight and door frames

It was extremely difficult to hear either the attorney for Kaja Holdings,Jaing, Lei or Judge Cook on August 12th. In fact I was unable to hear the outcome of any of the properties brought forward from the previous month by Judge Cook.

As of writing, I have not had a reply to my query as the outcomes, but from what I was able to hear no one was found GUILTY from that grouping represented by Jaing, Lei .

Judge Cook – August 12th court– did raise his voice somewhat at one chap who was there for another of Kaja Holdings properties – about putting out a Bench warrant for the CEO of Kaja – can’t say what happened there either – he was given another month. What I can say is he wasn’t there on September 9th – Maybe that property was then being represented by Jaing, Lei- I couldn’t tell you.

jaing lei
JIANG, LEI
http://eb5info.com/eb5-attorneys/35-lei-jiang
From what I could gather that day of August 12th the attorney Jaing, Lei was given another court date of September 9th to remedy and or update the situation.

Back to 4132 Fulton and the Shaffers

PLEASE NOTE Attorney Jiang, Lei was representing KAJA HOLDINGS and in fact was still representing KAJA HOLDINGS ON SEPTEMBER 9TH.. for 4132 Fulton . The Shaffers ( whose water and garbage were cut off) are going through an eviction process – and it will be in JUDGE COOKS COURT -2015CVG01790 CASE IS SET FOR A F.E.D. HEARING ON Sep 14 2015 1:00PM IN FRONT OF COOK, D CHRIS !
Fulton Road 02 rs 091015
It seems “now” that Kaja Holdings now, has decided to evict the Shaffer family from 4132 Fulton-

You will see in this court docket Judge Cook the plaintiff is VISION PROPERTIES for 4132 Fulton NOT KAJA Holdings although the address is the same – Two courts- two different companies, same address and same attorney and the same Judge.

JIANG, LEI ATTORNEY $0.00
CALABRESE, MARTHA MAXINE DEFENDANT 4132 FULTON ROAD LORAIN OHIO 44055 $0.00
VISION PROPERTY MANAGEMENT, LLC PLAINTIFF $0.00
SHAFFER, HARRISON BRADFORD DEFENDANT 4132 FULTON ROAD LORAIN OHIO 44055 $0.00

Can you say bring on the IFFY METER
meterdonover

On September 9th Attorney Jaing, Lei and presumably the contractor for Kaja Holdings were in front of the Judge AGAIN THE CONVERSATION WAS INAUDIBLE but it sounded as though the case for 4132 Fulton was “Dismissed “

No surely not – but as I have no confirmation from the Law Dept as to what happened at the time of publication I am left in the dark!
.
I did hear 1323 Lexington had nothing done (Kaja Holdings) – again I could not hear the outcome –

The “approach the bench” style of judgement was not conducive to this taxpayer’s ears and since no follow-up from the Law Dept as to out come – I am at a loss as to give any conclusions , apart from the Attorney Jaing, Lei getting a further month October 21st on a property on Hamilton could that be 1719 Hamilton – the one that is cited for No Certificate of Inspection
1719 H
How can there be a continuance from August 12 to October 21st – the penalty for non compliance is pretty clear ?

Penaltyres

And drum roll please our poster house 1348 West Erie , you know the one with the $45,750 needed for escrow and NO CERTIFICATE OF INSPECTION – well we will deal with that little matter on OCTOBER 21ST…….
This is the photo of the Historic Poster House of 1348 West Erie as of September 10th a day after another continuance By Judge Cook… YES! that is a Lease to Own sign from Kaja Holdings and another family enabled to live in Lorain by the lack of “JUDGEMENT!!!!
Wurmser for lease rs 091015
I am not holding my breath for that ( up to a) $1,000 fine at this rate…….
Kaja lease to own

Maybe we had better find a stronger “gavel”

To Be continued

September 11, 2015 at 1:39 pm 6 comments

Outdoor Showrooms- Lorain- by Don the Downspout

disconnectres

There I was dangling free and discharging onto the ground ( well not exactly since it was January and I was frozen) when I was discovered in my illegality by Mrs. Dye of Dye’s Appliances and of the Design Review Board and her offspring-

https://thatwoman.wordpress.com/2015/02/01/ode-to-a-downspout-named-don-lorain/

Not only me, I am ashamed to say , but ( Gary) the garage was sore in need of some paint on three of his sides – His one side compromised by the “growth” unchecked by the property next door – which happens to be owned by the City of Lorain. 😉

So Mrs. Dye , in her capacity of a sitting Board Member of what is called The Design Review Board- in the subject of the email, sent the Chief Building Inspector Klinar on a journey to 4th street that late January day to confirm I was illegal and Gary the Garage was becoming an eyesore.
https://thatwoman.wordpress.com/2015/01/10/city-officials-caught-between-a-ritchey-and-a-dye-place/
In fact, Mrs. Dye did so more than once .
Kathy  Dye emailresi
You see, Mrs. Dye was really “ticked off” with one of my owners , so she discharged her venom , in this downspout’s opinion, by using her position as a member of a city board to get the complaints seen to at once- well with in 4 business days. Something about that rankles, as this was a private citizen being targeted by a member of a City Design Review Board ( not in their jurisdiction) by using another city office but of course she also, in our opinion, tried to intimidate and coerce the Lorain Administration in the same e-mail . I think there maybe an issue here but I digress:

I had to be connected within 6 days don-spout
Poor old Gary the Garage, he had to be scraped and painted and fixed by April 30th- which my owner said, was in legal terms was “arbitrary and capricious ” in that time line so she ( the one who writes) sent a letter which you can read here:
Garage Compliance
I am pleased to say I, Don the downspout, was duly connected in those cold , cold February days and yes! by August 1st Gary the Garage, has been duly , scraped , mended and painted- and his design colours( hope that meets with those of the Design Review Board – neighboring properties taken into account) are thanks to the fact that whilst the garage was being “fixed” his doors of red are to match the red dump truck that has been parked on that city lot for a month if not more!
truck A letter to the city followed stating we are now in compliance with Gary’s portraits – found here Garage citation inspection 1127

NOTE: UPDATE you will see by the following J- Pg. our violations ( such as they were) have now been officially abated !
violations abated
My owner did get some benefit out of all this brouhaha- she (who really could be the cat’s mother) was able to fill pages and pages on this subject of “Building Codes and their enforcement” ( or not) . I was fixed and the garage painted because it was so WE WERE NOT in compliance !!!

I wonder what dreaded fate would have befallen my owners if we had ignored the ORC ? Judge for yourself!!

Let’s visit those situations, where seemingly, there is such a lot non- compliance – especially with Lorain’s outdoor showrooms – Readers can you honestly say that I a mere downspout should be compared to say – this :

3200 Jaeger Road – (photo- August 4th-2015 5:00 pm.) click on the photo it is really much worse up close!
3200 Jaeger Road 01
3200 Jaeger Road 02

3200 Jaeger Road- is owned by ( according to the Lorain County Auditor )
esterleres
and it looks like since the Auditor last took the photo the “lawn ornaments” have flourished in these ripe conditions of non- accountability
auditors pictureres

Now how can I say that – non accountability? A quick check with the city – This property has been cited time and time again starting in September 9th 2011 you can access that complaint here
3200 timeline

Finally an appearance before the Judge-JUDGE COOK- of the Housing Court JUNE 26TH 2015 4 years later

Now we are getting somewhere, especially since in the file the report of Mr. Daniel Esterle flagged down the Inspector swearing at him and ready to sue the city , according to the report filed, which can be seen here

3200 legal decision

Judge Cook, found the defendant -GUILTY- and slapped a sentence on him of – wait for it $150.00″ that is One Hundred and Fifty dollars plus court costs….. Oh well just about the cost of another lawn mower then? Not bad 4 years of citations, 4 years of a lovely outdoor showroom and the cost of doing business for these property owners a mere $150.00 – sounds like a deal!

Of course Mrs. Dye also has an outdoor showroom – a lovely site as you are welcomed to Lorain – Part of her DESIGN Plan for Lorain – one presumes-.

If these objects were declared “junk” she would have at least have to fence it in- but then she wouldn’t be allowed a junk yard in downtown Lorain so we have her “outdoor showroom” welcoming our visitors!

Although, those doors on refrigerators etc. are quite worrying . I thought there was a Federal Law about that – hazard to little ones climbing in – wasn’t that the Consumer Protection Act- can’t be can it? The city wouldn’t allow hazards to small children ? Oh well! probably just another fine anyway and small cost of doing business.

August 2015
dye outdoor showroom 080115-001
dye outdoor showroom 080115
A little earlier on in the year May 2015 taken from Broadway – looks like business is good more drop offs-
Dye
As you drive into downtown along Broadway-what an interesting conversation piece as we drive along looking at the lovely Port Authority complex on one side- the welcome sign what attraction can that be on the left?

-” is it – junk- garden art- the outdoor showroom of opinion-” I wonder what the artist had in mind???Has to be there by DESIGN

Due to the fact vehicles (Dye’s) had blocked the street, a turn around had to be found that August day and what to wondering eyes did appear – well more than a dangling downspout at 214- W. 10th, a neighbor of Dye’s Appliances – now this property did not get this way in a year or so – I wonder why neighbor Dye of the Design Review Board would put up with it. 214 collage
But a new use for BLUE TARPS has been found- this lovely piece of Lorain real estate is owned ( according to the auditor) Parcel Number: 02-01-003-120-012
Owner Name
Address: ESSER MANAGEMENT INC
214 10TH ST W LORAIN, OH 44052
Tax Bill Mailed to: ESSER MANAGEMENT INC
1138 LEXINGTON AV LORAIN, OH 44052 and Esser Management tracks back to ( according to the Secretary of State)
Esser Managementres

Another quick check with Lorain Building Dept

“This building was cited on 4/20/2015.
Code violations: 304.2 / 304.7 / 304.10 / 308.1.
The owner called and said he is planning to demolish the building. I gave him some time.
No changes and no response.
Sent to court.

OH! OH! I wonder what the “accountability” for this will be??? Enquiring Donspouts want to know-

Seriously, this crime and punishment is downright laughable and very, very annoying to those that do follow the law. Do they write the punishment into the cost of doing business – because each of the aforementioned are in BUSINESS!!

https://thatwoman.wordpress.com/2015/07/24/lorain-common-core-values-and-pos-pt-5/
…… more to come – unfortunately

August 5, 2015 at 2:31 pm 10 comments

Lorain Development Corp- Lorain- Op ED

City  of Lorain

Last week I wrote a post re the loan program for the City of Lorain.
https://thatwoman.wordpress.com/2015/04/15/money-for-old-rope-a-taxpayers-question/

I dwelt upon what I considered failures or spending “money for old rope” . Doug Rangel- Director Lorain Development Corp. was very informative and helpful when answering my questions at the time. I believe the information should be shared so I asked Mr. Rangel to not only respond to the post but to tell the readers a little of how the program works.

Logo%20and%20Heading%204-11(1)

The loan programs we offer are similar to SBA loans in that we typically finance the middle 30-40% of loans that is sometimes the difference between companies being able to operate or being able to open.

Typical bank financing for commercial entities will allow for 70-80% with owners needing to provide 20-30% of their project costs which some may not have or its uses all of the owner’s available cash. The program that the City offers allows project costs to be split where bank does 60%, an owner only being required to put down 10% with the city’s program lending 30% in the middle. This allows owner to save some additional cash as reserves in lieu of putting everything in and having nothing to lean on if necessary. These funds are development loans for those businesses that do have more risk than others.
slumlordmoney
The amount of money down for an owner can sometimes be a challenge and lack of available cash/working capital can certainly hurt a business. In an ideal world, all companies would pay to terms but that does not often happen with terms getting stretched and it’s typically the smaller businesses that get impacted. This is why businesses need lines of credit for these short term borrowing needs. During the downturn, numerous companies had their lines of credit either reduced or simply eliminated thereby impacted companies cash flow.

You note in the article that Lorain Development Corp. is funded by three sources but to further expound that, the funds that are used is the interest earned on these business loans that have been made in the City over the past thirty years. This is interest earned on the capital base of the loan programs which offset costs of operating the programs. On average, the cost of my annual contract is about 40% of interest and fees paid. This does not include regularly scheduled principal payments or early repayment of loans.
prime_industries
On the Prime Industries loan, City made initial loan in 1997 to Prime Design as well as the $100K in 2000 which was repaid in full with the sale of company to the Persicos in 2002. I don’t have an amount because that file is archived, but City likely earned over $100,000 in interest on that loan during its term. Prime Industries did indeed borrow $400K for initial deal as well as $100K in 2008 so they only borrowed $500K. During this loan term, they have paid the City approximately $300K which includes around $165,000 in interest and fees.

All lending institutions have these issues which is sometimes the primary source of repayment (cash flow) is inadequate to repay loans and we then need to look to secondary source of repayment which is typically the collateral and that is buildings. No lending institution wants to have to take back a building but sometimes it is necessary to recoup loans funds to preserve as much as possible but again not always likely particularly with where building values have gone lately.

We will continue to do economic development in hopes of growing the City, which is just like a business. The City needs cash flow to operate and its main source of revenues in payroll withholding taxes. As we create additional job opportunities, it should lead new or expanded payroll in which the City would realize additional tax revenues. As revenues grow, it allows for additional opportunities or to maintain what we already have.

unknown-women-PRO-30_69_1663_38_1900-1909
As I look at your analogy of old rope being put into ships, I’m sure that even those patches needed to be replaced again and again and sometimes entire planks needed to be replaced and when ships were so old, they were likely taken out of service. Not to worry, I’ll bet they replaced them with new ships. The City and economic development can be thought of in the same vein. When businesses begin to fail and leave, we try and replace them with another business and that sometimes needs a more comprehensive repair to keep the building usable. Buildings do have shelf lives and sometimes just need to be replaced in whole. Sometimes it’s best to replace one building with another. This is our City and I want to work in my time here to leave it a better place than when I got here.

source not found

source not found


Potential business loans can either be a request from an existing business (looking to expand or grow) or new business to the City. There are many different ways people track me down about programs. Sometimes it’s just looking at City website; contacts from within City like through Mayor’s Office, Community Development, now Building Housing and Planning; referrals from Team Lorain County (county economic development arm) or Lorain County Community Development; Lorain Port Authority or referrals from others businesses I have worked with. It is sometimes just a cold call a business is looking for assistance. While the loan program is a major part of LDC, I do work on other projects that sometimes do not involve City loans. Sometimes I simply act as a business liaison to help answer questions.

A lot of calls I take, people are simply asking about loan programs and any other incentives. Most cases this is a simple explanation of the programs of how they work and what is required. A large percentage of these calls usually end without ever hearing back from them. There are some that take it further and I usually sit down and meet with some to further discuss the programs and the process. I usually get more specific information from these people on their plans for a business.

In most cases, I ask about their business plan and in many instances, the plan is in their head but not on paper. This is where I inform them that before filing out an application, they should complete a written business plan as a way to see if the business will generate sufficient funds to operate as a going concern. At times, people realize that it is more costly to operate a business when they begin doing their financial projections as they realize the number and amount of expenses necessary to run a business.
sbdc_logo1

There is help for people through Ohio’s Small Business Development Centers
http://www.scacog.org/Home.aspx which help people put together business plans that they can use to identify the sources of funding their business to match up against the use of business funding. The business plan gives them a blueprint for they will need to open and operate their business and gives the funding sources an idea of the individuals understanding of the business to determine whether they understand all of the factors involved in starting up a business as well as the continual operation.
When a business plan is ready, I provide an application which is submitted with the business plan and financial statements and projections.

The programs we use has a funding breakdown of 60% private financing like banks; 30% city loan funds and 10% owner’s equity. While we only require 10% equity, we typically like to see additional resources available to owner’s if the need arises. In these situations, the City is typically a second mortgage lender behind the Bank’s first. We require personal guaranty of debt by business owner’s and sometimes require additional collateral by owner’s.

Each project is somewhat unique so there is no standard answer. Once I have received completed information, I review the package and look to see the feasibility of the project. Does it make sense, are the numbers realistic, is there a need for the services or products in the area. If everything makes sense,
(1)I prepare a loan write-up that provides a background of the project with financial information and the justification for approving the loan.

(2)Once I have completed, I provide this to the loan board for their review and approval.
We do this process just like bank’s credit teams do and have discussion and if everything is okay, loan approves the credit. They can also reject loan requests or modify them though these do not happen too often.

artwork Chris Ritchey

artwork Chris Ritchey


The loan board are various professionals in insurance, banking, law, small business owners, etc. who all live in, work in or own businesses in the City of Lorain. This board has been a self-appointing board since its inception and they are not appointed by administration or council. Board tries to keep a mix of professionals on board so it is not all bankers or attorneys but a mix. They are an all-volunteer board and most of these individuals have been on board from a few years to one person who has been on board since inception over 25 years ago.

Once the board approves the loan credit, all loans are submitted to Board of Control for approval as they will eventually sign for the loan.
http://www.cityoflorain.org/mayor/

Once board of control approves, we move to documentation of loan with all documents reviewed and approved by City’s Law Department. At that time, we also open a purchase order to commit money and submit check requests when we receive necessary documentation requesting funds.
hudimg
Loans are derived from two sources, one through HUD http://portal.hud.gov/hudportal/HUD and the other through the Economic Development Administration.
logohttp://www.eda.gov/

All loans come from the dedicated accounts that are solely set aside for this purpose. Since I have been here in 2000, the City has deposited no new funds into these accounts, we simply recycle the payments we receive from existing borrowers. This is why they are called revolving loan funds as we only provide loans to the extent there is money available in these accounts.

Monthly payments made are broken down into principal and interest payments. We have a dedicated loan system that tracks these payments and the breakdown. The contract LDC has with City is derived from the interest payment made by borrowers to the City. By having more interest than expenses, the City has grown the capital base of the RLF portfolios.
A few of the good examples are:

Larger: would be Camaco which was a startup with a 60,000 s.f. building and has continually grown to about 200,000 s.f. and employees about 400 people. Camaco has paid back all of its loans and currently has no obligations to the City.

A medium size business could be Trademark Global, who was also the first company out at Ford plant. They went from a 40,000 s.f. building in Avon to 100,000 s.f. at Ford and grown further to 150,000 s.f. We have made some small loans to them for equipment and all of those have been repaid in full.

A smaller business could be my first loan I made in 2000 with the Castro brothers who own Scorchers. They took two old tired buildings and transformed them into a single watering hole that has become a fixture. They are less than one year from repaying their loan with the City. If you have a chance, please visit Wil and Dennis Castro at Scorchers and ask them about this program. There are others who have had varying degrees of success.

I like to think that we have been moderately successful in that we have more money each year to lend as a result of good loans though we do occasionally have hiccups like any lender.

Logo%20and%20Heading%204-11(1)

I know this is longer than what you were hoping for, but I want to make sure that everyone understands this is sometimes a long process to earn a loan approval, that these loans are just not handed out like candy at Halloween. The City can only continue to offer this program if we have funds to lend. Not only do we need to grow as a City but we need to grow as a County and as a region.

April 23, 2015 at 12:57 pm 1 comment

Older Posts


Categories

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 179 other followers

March 2017
M T W T F S S
« Feb    
 12345
6789101112
13141516171819
20212223242526
2728293031