Friday, June 01, 2018

The Rolling Stones > Gimme Shelter (Live) - OFFICIAL PROMO

That Deja Vu Feeling
Published on Nov 27, 2012
All-Time Views: 10,120,168
The official promo for the Rolling Stones' 1998 single 'Gimme Shelter', a live version of their 1969 studio recorded release.

Investing in OZones For Wealth Creation . . . and/or To Narrow The Inequality Gap??

Don't know about you, dear readers, but how much more commentary can we take on here in The Old Donut-Hole we call home? It's all been spelled-out over-and-over again to heed the warnings and see the results and outcomes here in downtown Mesa. . . .it's all getting played-out here now where two words are missing in the massive make-over from an inflow of mostly-Mormon millions in investments from Salt Lake City for wealth creation.
However, two words appear to be missing in Mesa: inclusive and equitable.
Here in the desert of The Valley of The Sun it's not likely that the rising salty tide will float everybody's boats (to borrow a phrase from former Mesa City Manager Mike Hutchinson.)
In a recent article by Jim Walsh in the East Valley Tribune last weekend, John Giles is quoted as saying "he isn't the first mayor to go to Salt Lake for investments . . ." He's got that right - he is the 40th in the line-of-succession when he ascended into office starting off in LDS Stakes as you can see memorialized in this bronze plaque mounted on stone >
(For those inclined to walk around the sidewalks here in The Old Donut-Hole it's in front of what used to be City Hall now the Arizona Museum of Natural History on Macdonald St)
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Invest In Cities To Narrow The Inequality Gap
Roger Trapp ,


 

 

Let's Take A Look At THE WEALTHIEST ZIPCODES Here in Mesa

Here's a good example of a picture telling you a story, that's quite the opposite from a new official page named Opportunity Zones from the City of Mesa's Office for Economic Development. Please scroll down after this inserted image from City Data where the wealthiest zipcodes are red  and note how they tend to cluster in certain areas where you can easily see that over time Mesa has self-segregated based on income:
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Opportunity Zones - NEW!
Opportunity Zones are a federal program designed to spur community investment by providing tax benefits to investors. The City of Mesa has 11 census tracts that have been designated Opportunity Zones by the U.S. Department of the Treasury.
The map below highlights these tracts within the city boundaries.
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MISSION
It is the mission of the Office of Economic Development (Mesa OED) to enhance Mesa’s economy, creating quality jobs and increasing per capita income in order to improve the quality of life for Mesa’s residents.  LEARN MORE about our Mission 
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Opportunity Zone map
The Arizona Governor’s Office and the Arizona Commerce Authority worked with local governments, tribal communities, and counties to decide which census tracts would be submitted for consideration by the federal government. As of April 9, all of Arizona’s 168 submitted tracts became officially designated as Opportunity Zones.
For tax benefits to be received by an Opportunity Zone investor, two qualifications must be met:
 Opp zone - tax icon
  • The investment must be made via a Qualified Opportunity Fund. An Opportunity Fund is an investment vehicle that is set up as either a partnership or corporation for investing in eligible property that is located in an Opportunity Zone.
  • The investment must be derived from a gain in another investment and transferred into an Opportunity Fund within 180 days of realizing the gain.
This then allows for the investors to receive reductions on capital gains taxes relative to the years of their investment in an Opportunity Zone after 5 years.
 opp zone - pie chart icon
  • If the investment is held for a minimum of five years the taxable amount of the capital gains reinvested is reduced by 10%.
  • After holding the investment for at least 10 years the taxable amount of capital gains reinvested is reduced by 15% and no tax is owed on the appreciation.
 opp zone - contact icon
For more information on Opportunity Zones, please visit the Economic Innovation Group’s Fact Sheet at: http://eig.org/wp-content/uploads/2018/02/Opportunity-Zones-Fact-Sheet.pdf/.

You can also contact Marc Valenzuela, Economic Development Specialist at marc.valenzuela@mesaaz.gov.
 
 
 
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Who is Marc Valenzuela?
It certainly looks like that after the REJECTION by Mesa taxpayers on a ballot item Yes1Mesa in the General Election 2016 to transform downtown Mesa into a satellite ASU campus, plans were in the making to push for that proposal again with the hiring of a new employee who worked inside ASU prior to June 2017 when he got hired here.
He was a new employee hired last year in June and introduced at one of the early morning meetings of the city's Economic Development Advisory Board.
[noted in earlier post on this site or you can do a word search on the published Minutes link on the landing page for the EDAB]
"Marc Valenzuela joined the City of Mesa’s Office of Economic Development in June 2017 as an Economic Development Specialist.
Prior to his work with Mesa, Marc worked for Arizona State University serving as the Economic Development Project Manager. . . Before moving to Arizona, Marc held several positions in economic development and government relations in San Diego, California.
Marc is a graduate of Arizona State University with a master’s degree in Public Administration and bachelor’s degree in Public Service and Public Policy. . . "

Aw-Aw > What if Boeing Machinists Organized A Union Here in Mesa?

Boeing manufacturing and MRO operations are one of the biggest employers in the city, with over 4,500 jobs and salaries paid. . . could these be the 'high-value and high-quality' good jobs that Mesa's Office of Economic Development Director 'Quick Jab' Bill Jabjiniak has been talking about lately to refresh Mesa's brand as a new magnet for the rapidly-growing AeroSpace and AeroDefense industries here in the East Valley?
Could this really work in a right-to-work state like Arizona?
Due to changes in tax incentives and subsidies in Seattle, plans were announced earlier to re-located 300 employees to a more favorable environment in workforce wages. 
Boeing machinists in South Carolina vote to form union
"Boeing South Carolina said Thursday that its flight line machinists at the Charleston Dreamliner complex have voted to form a union.
The machinists voted 104 to 65 in favor of the union drive, with the rest not voting, the International Association of Machinists (IAM) labor organizers said in a video posted to Twitter.
In a statement posted online, Boeing South Carolina said: "While we are deeply disappointed with the result and are appealing, we will come together as we continue to deliver on our customer commitments."
The win for the union, which includes 178 machinists at the facility, gives the IAM a foot in the door at a Boeing factory where it has twice before failed to get enough support in larger factory-wide campaigns to unionize workers.
Boeing claims the IAM drive to unionize only a small group of machinists is illegal and vowed to continue fighting.
 "Boeing continues to believe that this micro-unit is prohibited by federal law," the jet maker said in a statement. . .
Link > South Carolina Biz Journal
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If readers would like to find out what subsidies the City of Mesa offers to the $3-Billion Dollar Boeing Corporation you can look at this resource >  

REAL OZone News: Ozone High Pollution Advisory issued for Friday, June 1

Right: Your MesaZona blogger had to giggle-to-himself about a Guest Opinion posted online in the Sunday Edition of the East Valley Tribune when Jordan Rose and Jim Belfiore fore-shortened and abbreviated Opportunity Zones with Ozone to advertise for free their expertise and services for wealth creation by big-money investors gambling millions to make unrealized or deferred capitals gains . . . here's what Ozone is from the Maricopa County Air Quality Department TO PROMOTE CLEANER AND HEALTHIER AIR 
clean air make more banner image
download the app link image
report a violation link image

The Arizona Department of Environmental Quality has issued an Ozone High Pollution Advisory for Friday, June 1, 2018.
WOOD BURNING
RESTRICTIONS
LEAF BLOWING
RESTRICTIONS
AVOID USING 
OFF-HIGHWAY VEHICLES
Restrictions apply . . .
Ozone: Ground level ozone is formed by a chemical reaction that needs heat from sunlight, nitrogen oxides and volatile organic compounds [VOCs] to form. The months of April through September make up our Valley’s longer-than-normal "ozone season."
"High Pollution Advisory" or "HPA" means the highest concentration of pollution may exceed the federal health standard. Active children, adults and people with lung disease such as asthma should reduce prolonged or heavy outdoor exertion. Maricopa County employers enlisted in the Travel Reduction Program are asked to activate their HPA plans on high pollution advisory days.
"Health Watch" means the highest concentration of pollution may approach the federal health standard. Unusually sensitive people should consider reducing prolonged or heavy outdoor exertion during a health watch.

Here In The Nation - And Here in Mesa, Arizona - We Have A Problem ...It's Called Affordable Housing

That's right - where in any mention of a massive make-over that can transform downtown Mesa do you see the phrase affordable housing.
There are two more missing words: equitable and inclusive.
By all recent reports about "The Old Donut-Hole" it looks like Mesa is becoming not more inclusive, but less inclusive.
Private real estate developers have in effect stolen the platform of LISC Phoenix where Our Future is On The Line.
That might be the bottom-line from impact investing fostered by recent  changes in tax acts unless people who live here in Mesa get more active and engaged to make sure affordable housing for the middle-class is one of the outcomes of new opportunities for all.
Outside of Mesa - The Bubble We Live In - this is being called  a crisis and a catastrophe.
Here inside the Ozone it's almost invisible to some.
This blog started out in February 2015 highlighting initiatives in affordable housing: Encore On First, the Gorman Company's Escobedo at Verde Vista, and Community Development Partner's El Rancho Del Arte, most recently with the opening in June 2018 of Phase II El Rancho Del Sol.
Three years of progress in building affordable innovative housing along the line of Valley Metro LightRail.
< Now nothing more to show.
Why is that the reality in the new housing market boom?
Some of the reasons and roots are presented in the featured well-researched report written by Bryce Covert that appeared last Friday, May 24th in The Nation.
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Blogger Note: Our city of Mesa has some of its own unique roots going back for at least six generations to the LDS pioneers sent from Salt City, and resistance from some sectors  . . . but let's leave that aside for now
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 The Deep, Uniquely American Roots of Our Affordable-Housing Crisis
Nearly half of all renters can’t afford rent, and over half a million Americans are homeless on any given night. How did we get here?
". . . it is ... a harbinger of trends that are under way everywhere in a country in which rents are increasing while incomes stagnate. . . It’s a problem in every major city and in every state. . . Today, there’s a deficit of more than 7.2 million rental homes inexpensive enough for the lowest-income people to afford, . . "
How did we get here?
Read more >
 

Thursday, May 31, 2018

Who/What Rules Mesa: The Intersection of Finance & For-Profit Religion

Was that "Vision Thing" and "Imagine Mesa" all a Hoax? It was amusing to say the very least even when there was a position created to make Jeff McVay The Director of Downtown Transformation. He's got not too much to show for that. Then again, former mayor Scott Smith wanted to create the impression that downtown Mesa - The Old Donut-Hole - was boring . . . with the current mayor John Giles now serving his second year in office, he's yet to deliver on his promise to make Mesa vibrant and exciting.
During the more than 12 years of tenure for Chris Brady, the high-salaried Chief Executive Officer of the City of Mesa, public debt has mushroomed from less than $40M in 2006 to over $170M now in 2018. . . that again is not much to show for the investment of taxpayers dollars downtown starting with a 1% QUALITY OF LIFE sales tax to finance the $100-Million Mesa Arts Center that opened in 2005 to create what was called an Arts-and-Entertainment District. In 2012 taxpayers again got aboard and approved more tax increases to bring Valley Metro Light Rail Service into the Central Business District - The Old Donut-Hole now qualifies as a distressed neighborhood.  Whoops! Make that an Opportunity Zone!
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The powers-that-be inside Mesa City Hall have created a failing Sense of Place Downtown (there's no uptown or mid-town to speak of). City planners have put out more Pie-In-The-Sky proposals: A New Town Square for An Urbanizing Mesa . . . making Mesa "a college town" inviting in five institutions of higher learning where only one, Benedictine University, survives on a lifeline of support, and re-making Mesa into a satellite campus for ASU that taxpayers REJECTED IN 2016 
Commercial Property Assembly, part of Caliber's "Wealth Creation" plans along light rail
Now a revival-of-sorts is underway outside the crumbling fake-fronts and facades all along Main Street during the last decades that drove out commerce to the outlying suburbs and boombergs within the perimeter of the outlying outer and inner loops of 202 and east-west tech corridors. Here in the image to the right are 8 parts of the Caliber Wealth Creation Fund's Downtown Development Portfolio. 
Looks like the newly-revealed Massive Mormon Temple Make-Over where taxpayer-financed Valley Metro Light Rail service has become The Salvation Train for the For-Profit branch of the posterity of The Pioneers.  
Ground Zero = Expanding the LDS real estate empire. It certainly looks real from accounts of news conferences in Salt Lake City, in a cache of spoon-fed stories in mainstream media, and in the same video used in two of those reports yesterday.
 
'Intermission' is over (hope nobody 'ate-your-lunch' during the break!). The Zion Curtain has now been raised after the opening acts for the Transformation of Downtown Mesa encountered some unexpected glitches, production problems and technical difficulties drawing unfavorable reviews from both the public audience and the many critics.
The asking price was way too high.
Producers and directors have been behind the scenes re-writing an alternative script for the last two years, adding and re-casting some characters. It looks like the props and backdrop are now in place - the show is ready with the next act a preview of what's in the works: let's give it a title:
"The Revelation"
. . . and the next act  
"Posterity Fulfils The Promise To Lock-Down Another Corner of The Kingdom" 
What's Next?
A Disruption in that Vision Thing . . .
The for-profit arm of the of the Mormon Church has not disclosed any financial details, terms or deals, but it looks like they can break-ground on this faster than other unsolicited developer proposals that want to take-over downtown. 
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All kinds of characters walking across the stage here - some familiar and some new: 
< Here's the leadership of a group called The East Valley Partnership (missing Roc Arnett)
On the left is former Mesa City Manager Mike Hutchinson
In the center is Denny Barney, incoming president who's on the Board of Supervisors of Maricopa County and a major principal in Arcus Private Capital Solutions
On the right John Lewis outgoing president, former mayor Gilbert who resigned to go on a LDS mission to Cambodia.
The backdrop for the new satellite of Salt Lake City is this Corner of The Kingdom: a 4.5-acre parcel of bland, unimaginative architecture on Main Street. >  
(They already cornered the rest of real estate downtown) 
There were 'sneak previews' published in almost all the mainstream media that cover Mesa presenting details at a news conference today.
Plans for this development incorporate nearly ever form that were envisioned in unsolicited private developer proposals that involved making deals with the city using taxpayer-funded 'incentives' and substantial 'give-aways'.
All those same features can cannibalize and jeopardize the risks of Ozone investors in the close-by project called The Grid, as well as plans by AZ State Senator and Habitat Metro for a 15-story luxury hotel/mixed-use plan atop the one-acre Drew Street Parking Lot
According to these details from an article by AZ Central reporter Lily Altavena:
What's included: 
  • 240 market rate rental apartments, with 20 studio units, 110 one-bedroom units and 110 two-bedroom units.  
  • 12 market-rate rental townhomes, all three-bedroom units averaging 1,300 square-feet. 
  • Retail space on the ground floor of the redevelopment totaling 12,500 square-feet. 
  • Amenities for the apartments and townhomes including a business center, garden areas, outdoor cooking and fire pits and security. 
  • Underground parking to accommodate 450 cars, plus on-street parking. The parking exceeds the amount required under city code for the planned uses, according to City Creek.
  • An 18,000 square-foot temple visitor's center and family history center on the corner of Main and LeSueur Streets.
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Mormon Temple unveils redevelopment plans near downtown Mesa
By Jason Barry
Posted: Updated: May 31, 2018 6:23 PM MST 
 
The 4 1/2-acre project will create a mixed-use neighborhood that will include 240 apartments and 12 townhomes. (Source: Dale Gardon Design)The 4 1/2-acre project will create a mixed-use neighborhood that will include 240 apartments and 12 townhomes.
(Source: Dale Gardon Design)
The new development will be located across the street from the Mormon Temple, and right along Mesa's main street light rail corridor. (Source: Dale Gardon Design)The new development will be located across the street from the Mormon Temple, and right along Mesa's main street light rail corridor. (Source: Dale Gardon Design)

MESA, AZ (3TV/CBS 5) - A Valley community is about to get a major makeover.
The Mormon Temple just released details of its major renovation project near downtown Mesa.
Developers and representatives of the LDS Temple in Mesa held a news conference Thursday to unveil pictures and plans to revitalize the community.
The 4 1/2-acre project will create a mixed-use neighborhood that will include 240 apartments, 12 townhomes, a business center and conference room, retail space, an underground parking garage, an outdoor games area and 70,000 square feet of open space and landscaping.
"The future is very bright," said Mike Hutchinson with the East Valley Partnership. "I think the community and citizens of Mesa, once they understand and see the design, will be thrilled with this."
Link > http://www.azfamily.com/story/38322071/mormon-temple-unveils-redevelopment-plans-near-downtown-mesa
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4.5 acre redevelopment plans around Mesa Mormon temple unveiled
, Updated 2:43 p.m. MT May 31, 2018
City Creek Reserve, the Mormon church's development arm, unveiled dramatic plans to transform 4.5 acres along Main Street in Mesa next to the temple. 
The redevelopment, aimed at reviving Mesa's downtown, includes mostly housing, a mix of rental apartments and townhomes. This comes during a swell of development plans for downtown Mesa, including a 15-story hotel, a $59 million mixed-use development, and the revival of 100,000 square-feet of space in eight buildings down Main Street.

Renderings show a line of mixed-use residential buildings from LeSueur Street to Mesa Drive. The development stretches 330 feet, about a third of a block, from Main Street into the neighborhood
"Downtown's a really difficult area to develop,"
Mike Hutchinson, executive vice president of the East Valley Partnership, said. 
"To me, all boats rise when the downtown Mesa area is vibrant. It helps not only the surrounding community of Mesa, but the region." 
 
 

 
 

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