U.S. Senator Tom Coburn, Critic of McHenry County Board’s Lakewood SportsPlex Stimulus Loan, Retiring

The United States Senator who put the McHenry County Board’s Stimulus loan for the McHenry County SportPlex on the national map in his 2010 Wastebook has announced he is retiring at the end of the year. That’s what the National … Continue reading

West Dundee Ice Rink Non-Profit had “No Skin in the Game,” Will MCC Health Club Operator?

The Illinois Finance Authority sold tax exempt bonds for the Leaf’s Hockey Club in West Dundee in 2007. Almost $20 million worth “with no equity at risk,” reports Crane’s Chicago Business. In this case, the bondholders are left holding the … Continue reading

Erin Smith Endorses Ken Koehler for McHenry County Board

Now I’ve gotten three pieces of political mail. The only contests in my part of Lakewood and Crystal Lake are for President and McHenry County Board. I received an introduction-fund raising pitch from our Congressman-to-be Peter Roskam, a piece from … Continue reading

Lakewood Considering Referendum to Allow Bulk Purchase of Electricty

Lakewood Village President Erin Smith sent out the following letter to her constituents in the fall village newsletter. FROM THE PRESIDENT As we bid a fond farewell to summer, it’s appropriate to review what was accomplished during the past three … Continue reading

Lakewood Trustee Ken Santowski Wakens from Summer Siesta and Reports to Constituents – 2nd July Meeting

Continued from yesterday. The 2nd meeting in July was the fun one. It made the local papers for a few days. The Sportsplex as it is referred to by me. While there was nothing to “redo” about the original plans … Continue reading

SportsPlex Second Bonding Authority Runs Out

First the December 31st deadline for the Federal Stimulus Bond authority ran out. Now, the backup plan deadline has expired. I asked Blake Hobson, McHenry County’s representative to the Upper Illinois River Valley Development Authority about the status of Lakewood’s … Continue reading

McHenry County SportsPlex Analaysis – Part 3 – Financials

Former Illinois Bell and Ameritech Director of Corporate Planning Joseph L. Daleiden who also served as Economic Advisor to the  Executive Office of the White House, Office of Management and the Budget during the Carter Administration, prepared the following report … Continue reading

McHenry County SportsPlex Analysis – Part 2 – Comparisons with Other Sport Complexes

Former Illinois Bell and Ameritech Director of Corporate Planning Joseph L. Daleiden, who also served as Economic Advisor to the Executive Office of the White House, Office of Management and the Budget during the Carter Administration, prepared the following report … Continue reading