Several folks have asked about the status of the War Museum. Need to Know, a regular contributor at Moonhowlings.net has been following this initiative and has kindly offered his findings for a thread:
[Disclaimer: All guest posts are the opinion of the poster and do not necessarily represent the views of moonhowlings.net administration. M-H]
Regarding the proposed War Museum:
The land belongs currently to the Hyltons. They are “donating” it but the package the BOCS will consider October 5 includes new development rights that will benefit the Hyltons. They, Stewart and their proponents are waving the flag for a museum to honor veterans to garner support but it’s nothing more than a land deal to benefit special interests and campaign contributors. The “donation” of land will not go through unless the BOCS approves the entire package.
The staff report can be found at:
http://www.pwcgov.org/planning/documents/PLN2010-00379.pdf
Note that this staff report reads like a promotional brochure for the project, lacking any semblance of due diligence and analysis as to whether the project is in the interests of PWC taxpayers or not.
A few more details:
The supporters state that the project will need $50 million and that they will raise all of that from private sources. Note, however, that after allegedly working on development of the project for nearly a decade they have, as of the last Form 990 filing, less than $1 million in real assets. Form 990 is the annual tax filing required by the IRS for non-profit organizations. You can see them by clicking on this link:
http://nccsdataweb.urban.org/PubApps/showVals.php?ft=bmf&ein=200008915
The 2009 Form 990 shows total assets of a little over $4 million, but over $3 million of that is in the form of pledges and grants receivable that their statements have carried for at least two years. It’s not real money.
There’s not a chance in h*** they are going to be able to raise enough money, especially in an economy such as we have now, to build this thing without extensive taxpayer support.
