The Problem of the Crystal Lake Civic Center – Part 11 Extend Expired Trust Agreement or “Constitutional Crisis”

A continuation of the Crystal Lake Civic Center minutes from February 7, 2017. Board Member Danielson stated that the CCA was basically going to keep the property in the trust until they meet again in 3 or 4 months. Chairman … Continue reading

The Problem of the Crystal Lake Civic Center Authority – Part 9 New Info Half Hour Before Meeting Started

The minutes of a short meeting of the Crystal Lake Civic Center Authority held on December 6, 2016, follow. Call to Order and Roll Call: Crystal Lake Civic Center Authority Board Members present were: Chairman Tom Hayden, Vice Chairman Lisa … Continue reading

The Problem of the Crystal Lake Civic Center – Part 8 Raue Encumbrance Does Not Conform with State Law

The final part of the October 4, 2016, minutes of the Crystal Lake Civic Center Authority. At Mr. Kost’s request, Mr. Lewis clarified “pro forma” to the group, advising that would include operating, repairing, maintenance and other expenses and there … Continue reading

The Problem of the Crystal Lake Civic – Part 5 Payback Legal Hurdle to Issuing Revenue Bonds

This is a continuation of the minutes of the October 10, 2016, meeting of the Crystal Lake Civic Authority meeting. The Raue Center is currently making payments in the amount of approximately $6,700 – $7,000 per month. Late charges are being … Continue reading

The Problem of the Crystal Lake Civic Center Authority – Part 4 “No Payments Go To Principal,” Just ”Interest”

October 4, 2016, was the next time the Crystal Lake Civic Center Authority met. The minutes follow: Call to Order and Roll Call: Crystal Lake Civic Center Authority Board Members present were: Chairman Tom Hayden, Vice Chairman Lisa Waggoner and … Continue reading

The Problem for the Crystal Lake Civic Center Authority – Part 3

Today we continue to look at the August 2, 2016, minutes of the Crystal Lake Civic Center Authority. Questions and Answers/ Discussion Mayor Shepley advised that the CCA’s consideration was basically about transferring a loan from Home State Bank to … Continue reading

The Problem Facing the Crystal Lake Civic Center Authority – Part 2 “The Rat’s Nest”

The Crystal Lake Civil Center Authority Board was reconstituted after a long period of inactivity at a meeting on August  2, 2016. Whoever took the minutes did a splendid job, so you can take the same journey of discovery that … Continue reading