By: Diane Benjamin
I reported in this story Heartland Community College pays the property taxes on the Corn Crib property: https://blnnews.com/2018/10/18/heartland-pays-property-tax-corn-crib/
I’ve been doing lots of research on where the Corn Crib originated. In case you missed the latest news, only college kids will play at the Crib in the future. Minor league baseball is gone. (Sound like hockey at the Coliseum?)
The person to blame is Chris Koos: PDF page 94 http://www.normal.org/ArchiveCenter/ViewFile/Item/374
Remember when Heartland was conceived and they claimed they would never need a permanent building? That wasn’t true, but it got worse when Dunham and Astroth strayed from affordable education into athletics.
More from the same link:
More from the link above:
That’s $5 million taxpayer dollars invested in another failed project.
If charging to park for minor league games was ridiculous, thinking anybody will pay to park at a college game is lunacy. I think I need to FOIA how much of the $1.5 million Normal taxpayers invested has been recovered.
According to this story:
https://www.pantagraph.com/business/local/corn-crib-target-among-those-granted-property-tax-relief/article_b88cc5a8-6053-11e2-98da-001a4bcf887a.html#comments Normal Professional Baseball protested the property tax assessment and got it reduced by $1.4 million. I have a FOIA request pending for the agreement between Heartland and Normal Professional Baseball, I do know that Heartland wrote the check for property taxes.
Taxes are currently being paid on: Taxable Value $406,446 x 3.33 = Total Value $1,353,465
We know $5 million has been invested, but property taxes only reflect payments on $1,353,465.
It gets worse though!
Busey bank loaned $11,000,000 to Normal Professional Baseball in 2009. Busey Bank loan
There is nothing on the County Recorder’s website showing a release, so the loan is not paid off.
According to this document: Real property
“The Team” looks to have invested at least $11 million in the stadium and other improvements AND nobody is paying property taxes on the improvements!
Note: When other people aren’t paying their share everybody else pays more!
According to this story from October 4th, 2018:
The Cornbelters had a total attendance of 860,830 in 9 years. In the new league they will play fewer games and total attendance will obviously decrease. Normal won’t be able to recoup their investment without parking. Normal Professional Baseball expenses will decline since they don’t have to pay players, but will it be enough to pay Busey? Paying back Busey requires revenue. College baseball will provide that?
It could be getting even worse:
On the agenda for the October 16th Heartland Board meeting was this item: http://www.heartland.edu/documents/trustees/2018%2010%2016%20Agenda.pdf
Anybody else worried you will soon own a Busey loan courtesy of a junior college with declining enrollment?
If HCC does buy out Normal Professional Baseball it will prove government isn’t capable of creating successful projects. We have yet ANOTHER failed project done with your money. All taxing bodies will be out the property tax revenue, HCC can make it exempt as part of the school. Your taxes will increase to compensate.
People with brains should be collecting signatures to run for the Board NOW (elections next April). This is what happens when people with agendas get themselves elected and nobody is paying attention.
Please share this story!