Monday, July 21, 2003

Convergys Deal Near Completion
WCPO is reporting the details:

  • $10 million dollars upfront to Convergys

  • $1 million paid after 225 jobs are added

  • $18.75 million paid over 30 months if Convergys purchases the Atrium One

  • $25 million as part of a job creation tax credit

The total would be $54.75 million. Only the $10 million would be upfront, the rest is conditional over time. The reduction is about $10 million from the original deal. This deal should get Pepper's vote, since he negotiated it, along with Reece and most likely Monzel. Monzel made the power play, but got what he wanted.

Other reports:
WLWT-NBC is reporting that the deal appears to be back on with at least 5 council members supporting the revised deals. No details were reported.
The Post indicates that the negotiations are still going on.
The Enquirer reports on the woes facing the Convergys Center if Convergys moves to the Atrium One.
Empire Theatre
What a complete waste. A historical building that on paper had a future now lies in rubble. This is mostly LaShawn Pettus-Brown's fault, but the Mayor and Council should take some blame too. No one has been brought forward to account for the stolen city funds. No plan to try and save the project or even just the building was made known. Yet another failure by the city. WKRC-CBS reports that the demolition of the building will cost around $40,000.00 to $50,000.00.

Sunday, July 20, 2003

No Vice Pepper?
In Greg Korte's latest article on the Convergys negotiations he lists this tidbit:
Luken's antagonist in this unfolding City Hall power play has been Councilman David Pepper, a 32-year-old first-term fellow Democrat who disagrees with Luken more often about the role of City Council than on politics or policy.
Does this solidify Alicia Reece's hold on the office of Vice Mayor? Pepper received the most votes in the 2001 council election, and under the old rules, would have been mayor, assuming no Luken in the race as competition. Pepper stands a good chance of being number 1 in the vote totals this year. This conflict, however, would logically put Pepper's chances in the dumper for Vice Mayor. Conventional Wisdom would have kept Reece in the role for PR reasons (race relations), assuming she is in the upper half of vote getters. Vice Mayor is mostly a ceremonial title, but it looks good on a resume when seeking higher office.
Washington Senator Maria Cantwell Boosts Springer
Current junior U.S. Senator from Washington Maria Cantwell (D) gave support to Jerry Springer's Campaign:
"I think people will be surprised by his intellect," the Washington state Democrat told the Seattle Post-Intelligencer. "There's much more to him than his TV show. He's an incredibly smart person."
According to the AP article, Cantwell was an unpaid campaign worker for Springer during his 1977 Council run. This would have been during Cantwell's time at Miami University in Oxford, Ohio. Cantwell is originally from Indiana.

Saturday, July 19, 2003

Convergys Deal: Ups and Downs
Things are happening as the negotiations go on, but it reads like a roller coaster:
From the Post:
Convergys says no dice
Convergys employees seem to like status quo
From WCPO:
Convergys Talks Break Down Again
Convergys Talks May Be On Again
From the Enquirer:
City offer $18M shy of Convergys' liking

Friday, July 18, 2003

10th Most Literate City?
Via reader Sam: A University of Wisconsin-Whitewater study has placed Cincinnati at #10 on the ranking of America's 64 largest cities. Say what you want about Cincinnati but we do have a wonderful library system, good local university, 2 local daily newspapers, a couple of weeklies and a great monthly.
FOX News Still in Court
The case goes on with the appearance by the former FOX News reporter who wrote the allegedly libelous article. FOX News still looks like it will do fine, unless the jury is really anti-FOX. I am surprised this issue is only getting local coverage. I can't find any report of it anywhere else. I would figure the right-wing bloggers would be all over this trial. I guess they don't pay much attention to Cincinnati, unless we have riots.