We published this article yesterday, for the first time publicly revealing the contents of the 10/9/08 Ogden Properties demand letter, transmitted to Ogden officials almost two weeks ago. An important element was missing, however. Here's the setup:
Although we believe the publishing of this document was important, there was one thing left hanging. As mentioned in our earlier article:Well... the situation is now changed, changed utterly.
"And sorry folks. We haven't yet succeeded in obtaining the 'separate document' referred to in the letter, in which Ogden Properties itemizes its 'expenses' to date." Rumor has it however that the developer is putting the arm on the taxpayers for at least a cool $million."
With great delight, we post what is purported by a reliable WCF Souse to be the Ogden Properties' "capital expense statement" (i.e., the "separate document' mentioned above) which accompanied the above demand letter:
Ogden Properties Windsor Hotel Investment
With this whole litany of ridiculously padded expenses, these amatuerish developer wannabees are asking for the moon.
Have fun, O gentle ones.
Perfect subject matter to kick off a weekend thread, dont'cha think?.
Have at it..
