Attorney Dennis Sanchez |
Madeira Properties Ltd., co-managed by Mayor Trey Mendez' friend Dennis Sanchez, was all set to develop 1,300 acres near the intersection of Hwy 100 and I-69 until the proposition to approve a 10,500 seat arena on the site was nixed by the voters November 2.
As early as December 2020 the Brownsville City Commission had been laying the groundwork to create a Tax Increment Reinvestment Zone or TIRZ for that area.
That timeline may also demonstrate that Trey Mendez and his cronies, Ramiro, Dennis, et al, may have viewed the mayorship very early on as a vehicle to swing lucrative property deals, nothing illegal, mind you, just opportunistic.
But first, the City of Brownsville had to annex 684.52 acres of the area to supplement the 646.28 acres already part of the city.
The TIRZ would have a 10 member Board of Directors, 7 appointed by the City Commission, 3 appointed by the Cameron County Commissioners Court.
Cameron County and the City of Brownsville agreed to share the cost of infrastructure with the county's contribution capped at $57 million or 35.5%.
Brownsville taxpayers share would be at least twice that amount.
An anonymous commenter to Juan Montoya's El Rrun Rrun blog had this to say:
The article states that Brownsville has to provide utilities, water, wastewater, and electricity to the annexed property in question.
That equates to tens of millions of dollars. Eddie TreviΓ±o states that the building of the arena would not affect the tax-payer. Who does Eddie TreviΓ±o think is going to pick up the cost of running the utilities to the proposed arena site? THE TAX-PAYER!
Why did this article not come out earlier? Why is one of the owners, Denis Sanchez, an ex partner of Mayor Mendez involved again in a scheme where he profits from the Mayor’s vote.
This was an attempt to keep the voters blind and then profit from their scheme. Do you see now why voters do not trust you Eddie TreviΓ±o?
You wanted to double your salary, you played God passing out vaccines in exchange for votes. Do you see why they don’t trust you Eddie? The truth shall set you free.
Self-Serving P.U.B. CEO John Bruciak |
Brownsville taxpayers still remember the $21 million total waste of their tax dollars on the "Bridge to Nowhere" boondoggle and the huge P.U.B. utility rate increase for the Tenaska Power Plant that was never built.
They'll keep putting the Convention center on the ballot every election until it passes. Even if it didn't pass do you know how much all those acres go up in value just by the city and/or County putting in all the infrastructure? They will all make millions just with this. Plus a tax free zone on top of that. These people already avoid paying property taxes with their historical designation. These people are all getting wealthy on the backs of the hard working people in our city and county. Disgusting people. Makes me sick to my stomach.
ReplyDeleteEste es el camarada del pinche enano culero. Tiene la cara de picha con gonorea.
ReplyDeleteGlad I voted against it.
ReplyDelete