What say we - Milwaukee Professionals

Association LLC

Mary Glass, Chair/CEO/CVO

MILWAUKEE PROFESSIONALS ASSOCIATION LLC
SUNDAY, JUNE 14, 2015
mpapublicpolicyreview@gmail.com
www.mpapublicpolicyreview.blogspot.com

Milwaukee CORE CONSTITUENTS deal calls for Infrastructure MICROECONOMICS IN NBA

BUCKS

Executive Summary

Scott Walker Governor of Wisconsin, Chris Abele - Milwaukee County

Executive and Tom Barrett Mayor City of Milwaukee presented their
Milwaukee Bucks plan on June 4, 2015 in Madison, Wisconsin with a
theme of: It is cheaper to keep them. This theme was based on their
backroom wheeling and dealing and a final assessment of $419 million
debt that the people of Wisconsin would incur for maintenance of the

BMO Center.
This would be the cost for not funding the Milwaukee Bucks deal. Instead,
he proposed a $500 million deal with the public funding $250 million.

June 14, 2015

Milwaukee CORE CONSTITUENTS deal calls for Infrastructure MICROECONOMICS IN NBA

BUCKS

Walker said, The price of doing nothing is not zero. Weve considered
the financial impacts on the state should the Bucks stay or go, and quite
simply, we found its cheaper to keep them. Our plan is the result of a state
and local, public and private alliance, and it is developed with the goal of
ensuring a good return on our state taxpayers. Under this plan, for every
dollar the state invests; state taxpayers will get a $3 return on that
investment.
He spoke of the $419 million the state would face due to Bank of Montreal
Bradley Center losing the Bucks as a tenant and thereby maintenance fees
would occur.
Hey. This is a building that is just 20 years old. What is being done to use
the BMO Bradley Center to offset cost? What are the scenarios here?
What is this con about?

We have not seen any paperwork to justify this claim. We have not seen
alternatives and options to verify this is a claim of truth. Unfortunately, the
claim of NOT seeing facts, numbers, figures, options is the same

June 14, 2015

Milwaukee CORE CONSTITUENTS deal calls for Infrastructure MICROECONOMICS IN NBA

BUCKS

comments being touted by elected representatives at the city, county and

state level. They have not been privy to any of the negotiations.
The $500 million deal is $250 million by Bucks owners Marc Lasry and Wes
Edens ($150 million) and ex-Bucks owner Herb Kohl ($100 million); plus
$250 million from public coffers. The state portion is capped at $80 million.
The public amount of $250 million is broken up into 4 parts. They are:

State - $55 million

Milwaukee County - $55 million
City of Milwaukee - $47 million
Wisconsin Center District - $93 million.

Fox 6 pie chart

Surprise, Surprise
On April 17, 2014, Herb Kohl sold the Milwaukee Bucks for $550 million.
We knew of the sell, we did NOT know that there was
a stipulation to the sale that called for building a
NEW Arena or the NBA would purchase the team
from the owner and take the team elsewhere. This
surprise comes with a hefty price tag that the people
are faced with due to decisions made in 2014 by Herb
Kohl and Lasry and Edens. Whats that/this about?
June 14, 2015

Milwaukee CORE CONSTITUENTS deal calls for Infrastructure MICROECONOMICS IN NBA

BUCKS

We do KNOW that what started as a PRIVATE purchase between millionaire

Herb Kohl, and billionaires Wesley Edens, and Marc Lasry for purchase of
the Milwaukee Bucks team has grown to BIG debt for the City of
Milwaukee Electorate/taxpayers mired in Enduring Concentrated Poverty.
They include:
1. Threat of leaving by NBA Commissioner Adam Silver if NO NEW
Arena by 2017.
2. Threat of leaving that NOW includes land use of the Park East real
estate.
3. Land use that includes land grabbing, mainly the city of Milwaukee
followed by Milwaukee County, of $8 million dollar real estate for $1
for the New Arena deal.
4. Threat of $491 debt to Wisconsinites, especially the Milwaukee area.
5. Republicans vs City of Milwaukee - budget or standalone.
6. NO options and alternatives given to verify $491 million claim.
7. NO options of use of 20 year old BMO Bradley Center.
8. NO guarantees that show specific impacts that will focus revenue,
jobs, prevailing wages; permanent, part-time, seasonal and
apprenticeship impact over the 20-30 year life of the TID and other
resources granted by the city of Milwaukee for removal of Enduring
Concentrated Poverty.
9. NO guarantees that show deal-specific, pen-to-paper economic
development plans that earmark City of Milwaukee neighborhoods
for sustainable growth.
10.NO guarantees that the Park East Entertainment District includes
anchor People of Color businesses and pipelines for growth for 2030 year commitment.
11.NO guarantees that African American, People of Color and the Work
Challenged stakeholders that live, grow families and grow businesses
in Milwaukee or earmarked for prime contracting, subcontracting,
and partnering developers for INCLUSION from beginning to end of
TID commitment.

June 14, 2015

Milwaukee CORE CONSTITUENTS deal calls for Infrastructure MICROECONOMICS IN NBA

BUCKS

12.NO guarantees that the Wisconsin Center District and the labor
unions will not misuse their powers when fowls are called for
discrimination.
13.NO guarantees that the Wisconsin Center District population of
employees and businesses/entrepreneurs do first and foremost
represent the UN- and UNDER-EMPLOYED, UN- and UNDER-financed
businesses of the city of Milwaukee before traveling to outer areas
and to Chicago for employees and business partners.
14.NO guarantees that the Wisconsin Center District will provide
avenues to increase People of Color to the ranks of partners,
administrators and skilled employees.
15.NO guarantees that Frank Gumbel and team will be replaced as lifemanagers.
New blood.
NEW blood that includes solid
representation of African American, other People of Color and the
Work Challenged constituents.
16.NO guarantees that the Wisconsin Center District will have appointed
NON-ELECTED representatives from African American and People of
Color neighborhoods to represent the People who will be responsible
for the bottom line for the NEW Bucks deal, $49 million.
17.NO guarantees that the Electorate/taxpayers of the City of
Milwaukee will not 20-30 years later get caught with a similar and
more costly fiasco.
18. NO guarantee that Milwaukee County resident will NOT be
subjected to fines, foreclosures, forfeitures, judgments, garnishment
of funds and incarceration to ensure payment of $4 million annual
assessment for the NEW Bucks deal.
19.NO guarantee the City of Milwaukee will have a NBA Championship
by 2017.
We do KNOW from the projections mentioned in Walkers announcement
going forward, the city of Milwaukee taxpayers/stakeholders are the
biggest contributors. They are the taxpayers that will put funds in the local,
county, state and national coffers.

June 14, 2015

Milwaukee CORE CONSTITUENTS deal calls for Infrastructure MICROECONOMICS IN NBA

BUCKS

We KNOW that the previous wheeler-dealers left the taxpayers holding the
bag with the negotiation of the Bradley Center twenty years ago.
Therefore, there is a huge gap left with nothing from State Senate Majority
Leader Scott Fitzgerald (R-Juneau), Assembly Speaker Robin Vos (RRochester), Joint Finance Committee Co-Chair Alberta Darling (R-River Hills)
point legislators for Walker.
We KNOW that Walker, Abele and Barrett have poor ratings among the
CORE CONSTITUENTS due to exclusion and BAIT-N-SWITCH. They are not
TRUSTED.
At the local level, Barrett has the CORE CONSTITUENTS on the hook to pay
in real estate and special assessed taxes for the TID/Tax Increment District
that will be formed for the NBA BUCKS without WHATS IN IT for
Milwaukeeans. The 20-30 year TID comes with a guarantee from the
CORE CONSTITUENTS and layered with amenities thrown in by the
Department of City Development (i.e., sidewalks easements, environmental
concerns, and other freebies along the way).
We do KNOW that a multi-million dollar parcel of real estate is being
proposed that is stated to be worth $8 million but is proposed a gift for $1
to the billionaires.
We do know the city of Milwaukee has an opportunity to leverage their
investments and impact core Infrastructure concerns that will over the 2030 year commitment raise the economic conditions and quality of life if the
NBA Bucks deal is negotiated correctly.
WE KNOW or at least are reasonably sure that the Milwaukee Bucks have a
better chance of mega growth while building their brand and IMPROVING
their WINNING ratings in the NBA ranks. They like the CORE
CONSTITUENTS of the city of Milwaukee can work to GROW the FAMILIES
and NEIGHBORHOODS of the city NOT JUST THE DOWNTOWN. This
cannot be JUST for the NBA, The Bucks Team, Herb Kohl, Lasry, Eden and
their money investors. The NBA Bucks deal MUST be a partnership with
the CORE CONSTITUENTS.
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Milwaukee CORE CONSTITUENTS deal calls for Infrastructure MICROECONOMICS IN NBA

BUCKS

WE KNOW that the URBAN city of Milwaukee is the largest city in

Wisconsin.
It is the only designated 1st Class city.
It is the gate-way for revenue for Wisconsin. WE GET THAT.
What we do not BUY in this deal or cannot reconcile is giving needed
assets/investments and getting NOTHING that will remove the CORE
CONSTITUENTS from being mired in Enduring Concentrated Poverty.
Enduring Concentrated Poverty is a condition that has paralyzed the growth
and holds the population hostage to risky behaviors and generation-aftergeneration of disparities.
We know that the condition is by design of elected-appointed-hired and
donor for hire and tied to misuse of power, monopoly-oligopoly cronyism,
greed, haves taking from the have-nots, racial and bias determinants.
We do know that the Bait-n-Switch jobs-jobs-jobs promise is a SCAM.
So far, the NBA Bucks deal has been presented as another project being
proposed with employment opportunities in the thousands, with no pento-paper specifics of talent, prevailing wage, People of Color prime and
subcontractors, anchor tenants, neighborhood-to-neighborhood revenue
node development for the CORE CONSTITUENTS.
Again, the leaders have SOLD THE PEOPLE OUT.

June 14, 2015

Milwaukee CORE CONSTITUENTS deal calls for Infrastructure MICROECONOMICS IN NBA

BUCKS

NBA BUCKS TEAM

We, the People, see how the NBA Bucks deal needs more tweaking with
the macroeconomic finger and body print of the CORE CONSTITUENTS TO
BE AUTHENTIC.
We know that the NEW NBA Team needs and assets can marry the CORE
CONSTITUENTS needs and assets for MEGA opportunities in the city of
Milwaukee.
Mary Glass has outreached to the Bucks Team for sharing information and
possible support. The office of Alex Larsy has failed to show professional
ETIQUETTE.

http://mpallcmkebuckspage.blogspot.com/
mpapublicpolicyreview@gmail.com

June 14, 2015