Fwd: Sale Leaseback

Henry McClure  
785.383.9994
sent from mobile 📱
time kills deals

---------- Forwarded message ---------
From: Henry McClure <mcre13@gmail.com>
Date: Sun, May 1, 2022, 4:30 PM
Subject: Fwd: Sale Leaseback
To: Sterling Scott <sterling.scott@svn.com>

https://parkingtopeka.blogspot.com/

fyi

---------- Forwarded message ---------
From: Henry McClure <mcre13@gmail.com>
Date: Sun, May 1, 2022 at 4:28 PM
Subject: Sale Leaseback
To: Hannah M. Uhlrig <huhlrig@topeka.org>, Neil Dobler <neil.dobler@bartwest.com>, Emerson Tony <temerson@topeka.org>, Bill Cochran <wcochran@topeka.org>

With a sale-leaseback, you can maintain total control.  Even put a deed restriction that all properties must remain market rate public parking. 

These are low due to holes in my information. My numbers are missing some data. 

This would grow the Taxbase $443,997.95 annually 

Income from sale - $23,589,983 

With the City guaranteeing the lease an investor is going to feel good about the payment. This opens up this deal to so many more investors. A strong lease gives you total control. Keep operating them yourselves. 

Creating the right structure of the lease will be perceived as a great deal. The City will get a premium price. 

This idea is worth exploring 

--

Henry McClure 

Time kills deals

785-383-9994

--

Henry McClure 

Time kills deals

785-383-9994

: Sale Leaseback

Another good story.

Henry McClure  
785.383.9994
sent from mobile 📱
time kills deals

---------- Forwarded message ---------
From: Henry McClure <mcre13@gmail.com>
Date: Sun, May 1, 2022, 4:28 PM
Subject: Sale Leaseback
To: Hannah M. Uhlrig <huhlrig@topeka.org>, Neil Dobler <neil.dobler@bartwest.com>, Emerson Tony <temerson@topeka.org>, Bill Cochran <wcochran@topeka.org>

With a sale-leaseback, you can maintain total control.  Even put a deed restriction that all properties must remain market rate public parking. 

These are low due to holes in my information. My numbers are missing some data. 

This would grow the Taxbase $443,997.95 annually 

Income from sale - $23,589,983 

With the City guaranteeing the lease an investor is going to feel good about the payment. This opens up this deal to so many more investors. A strong lease gives you total control. Keep operating them yourselves. 

Creating the right structure of the lease will be perceived as a great deal. The City will get a premium price. 

This idea is worth exploring 

--

Henry McClure 

Time kills deals

785-383-9994

Fwd: The scales of justice seem tilted

This would make a good story.

Henry McClure  
785.383.9994
sent from mobile 📱
time kills deals

---------- Forwarded message ---------
From: Henry McClure <mcre13@gmail.com>
Date: Mon, Apr 25, 2022, 11:15 PM
Subject: The scales of justice seem tilted
To: Bill Cochran <wcochran@topeka.org>

As I understand the process the Board of "Go Topeka" advises JEDO on economic development requests........

The Chairman of the board elect has found the most interesting way to make deals in this area to his benefit. 

https://jedo2010.blogspot.com/2022/04/i-object-to-any-accusation-that-shawnee.html 

The guy got his lake repaired and the City of Topeka maintains the lake. 

An IRB was floated then spread over 102 lots and is not making the payments? 

Tell me about that policy? 

Please 

--

Henry McClure 

Time kills deals

785-383-9994

Fwd: Casey's 32nd Street Terr.

Henry McClure  
785.383.9994
sent from mobile 📱
time kills deals

---------- Forwarded message ---------
From: Henry McClure <mcre13@gmail.com>
Date: Thu, Mar 3, 2022, 4:13 PM
Subject: Casey's 32nd Street Terr.
To: Sterling Scott <sterling.scott@svn.com>, Michael Bryant <michael.bryant@caseys.com>, Bill Cochran <wcochran@topeka.org>

Looks like moving the light at the old gordmans is doable 

H 

--

Henry McClure 

Time kills deals

785-383-9994

Fwd: FYI

Henry McClure  
785.383.9994
sent from mobile 📱
time kills deals

---------- Forwarded message ---------
From: Henry McClure <mcre13@gmail.com>
Date: Fri, Feb 25, 2022, 10:09 PM
Subject: FYI
To: Bill Cochran <wcochran@topeka.org>, Michael Padilla <mpadilla@topeka.org>

For the record 

Henry McClure  785 383 9994