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northbender wrote on Oct 8, 2009 9:01 AM:
rianza wrote on Oct 7, 2009 10:28 AM:
FYI - the economy changed drastically for ALL of us - not just the Mill.
Suggestion: go run a business for yourself for a few years. I suspect the experience may influence future editorial comment about how others should run theirs.
fairplay wrote on Oct 5, 2009 1:36 PM:
1313 wrote on Oct 3, 2009 1:27 PM:
fairplay wrote on Oct 3, 2009 11:46 AM:
Renogotiate the fees? Probably a good idea. Everything is costing more, so perhaps their fees should be increased?
Dragonman wrote on Oct 2, 2009 10:09 PM:
Oggie Doggie wrote on Oct 2, 2009 5:36 PM:
Pig Nuts wrote on Oct 2, 2009 4:00 PM:
Surely the tribe isn't feeling that they need to call a meeting of the minds in order to ask if they could kindly pay the city more money.
They made a standing commitment in order to place a gambling establishment within a predominately christian community.
The city has based their budget upon the regular payment of that commitment.
The connection lies between the position the tribe placed themselves in by taking on too much debt & the tribe wanting the citizens to pay for their indiscretions by not fulfilling their agreement.
The solutions are few. Pay down the debt. Liquidate assets pay down debt. File some form of bankruptcy which will require liquidating assets & paying down debt. Or be upfront with the city & say hey, we will pay, just say we don't owe so we can get a 2 for 1 on the balance sheet, which will drop the debt service ratio.
Unless of course you are circling the drain with the bottom about to fall out!
Pig Nuts wrote on Oct 2, 2009 3:59 PM:
If the tribe looses its casino as a result there will be another corporation that will be happy to step in & pay their taxes.
The tribes issues are not the issues of North Bend.
Maybe the tribe will have to seek the aid of a neighboring tribe?
If you are truly "Indian" that is the way of your people. You help one another.
dan milburn wrote on Oct 2, 2009 12:36 AM:
I respect your opinion and realise you have a pretty good handle on knowledge of some of the tribes investments but I don'T understand the connections from one to another or how it pertains to the current " In lieu of taxes services contract". What does one have to do with the other?
The current contract needs to be reivisited in order to determine if what is valid today verses 15-years ago. Its a simple process by which I'm sure many reasonable people - like yourself- may disagree; however, who signs a contract which doesn't allow for situational changes? All I am suggesting is that the real issues at hand be addressed fully with due consideration to all the party's interests involved. Since when does truth and disclosure harm the best interests of the community?
loventhecoast wrote on Oct 1, 2009 10:31 AM:
Pig Nuts wrote on Oct 1, 2009 10:15 AM:
15 years ago the S&P 500 was 462 today it is at 1037. More than double when they made the agreement.
For 14 years they had no problem paying the set percentage with no increase.
The economy changed dramatically after the tribe buried themselves in debt!
The Plank House, Whitecaps Lounge, Warehouse 101, etc... Were all wise investments?
This was all done in the best interest of the members?
No! It was self serving & greed. It did nothing to contribute to the sustainability of the tribe!
Why should we pay for the mistakes of the tribe?
Pay down your debt. Sell some assets if need be. Heritage Place, RV Park, Cranberries, ORCA, 50 acre Home Depot DEBACLE!
The irresponsible leadership of the tribe has jeopardized the economic stability of this community.
We should not be paying for your mistakes or the CEO's of lending institutions!
The Tribe is asking for what equates to a bailout.
ENOUGH OF PRIVATIZED
PROFITS & SOCIALIZED RISK!
CBRezident wrote on Oct 1, 2009 9:07 AM:
js wrote on Oct 1, 2009 8:23 AM:
hook em in the mouth wrote on Oct 1, 2009 5:25 AM:
hiluix wrote on Sep 30, 2009 5:39 PM:
pril wrote on Sep 30, 2009 4:47 PM:
fairplay wrote on Sep 30, 2009 3:07 PM:
dan milburn wrote on Sep 30, 2009 2:26 PM:
tsunami wrote on Sep 30, 2009 1:49 PM:
Hook Em in the mouth wrote on Sep 30, 2009 1:22 PM:
loventhecoast wrote on Sep 30, 2009 1:10 PM:
Laws are laws...
Hook Em in the mouth wrote on Sep 30, 2009 12:59 PM:
CB Lifer wrote on Sep 30, 2009 12:18 PM:
Just An Observer wrote on Sep 30, 2009 10:45 AM:
As for the rest of the services (police, fire), let the Indians use their own police and they can contract out for fire coverage and then the district that takes on that responsibility will hopefully get paid instead of stiffed. The NBFD would still be available as per mutual aid but they would no longer be the primary provider of fire service.
This is what I get from reading the article. Your mileage may vary.



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