Taxpayers help demo Apex

For the first time in decades, a majestic view of Sandusky Bay and Cedar Point near Lyman Harbor is crystal clear standing on First Street.
Andy Ouriel
Nov 4, 2013
Thank construction crews for the sight: They created an unobstructed waterfront view after demolishing the former Apex Building.

Demolition recently wrapped up. It started this past summer and included a complete site cleanup.

But the city’s not 100 percent complete with this job.

“Additional sampling and analysis is required before closing out the project,” Sandusky engineer Aaron Klein said. “If the sampling yields unfavorable results, additional work would be required.”

Unfavorable results alludes to samples showing elevated levels of a contaminant.

If the samples prove favorable, then the city can move on and let Realtors sell this 15-acre waterfront property.

“As for future use of the property, that would be up to the property owner or Realtor,” Klein said.

Owned by Famous Realty, the land could one day accommodate office buildings, retail space or an entertainment warehouse district, city officials said.

It would be a fresh start to a property ridden with bad luck.

No major company has occupied the building in 40 years.

Several different manufacturing companies were previously located at the site, most recently a washing machine business in 1972.

The Erie County auditor’s website lists the property at 1643 First St. at $1.06 million.

The property’s listed at close to $5 million.

Comments

Larry

A great location for a Casino !

Eph 2 8-10

Perhaps another parking lot for Cedar Point.....we'd still have somewhat of a view.....

Darwin's choice

Why did the city pay for improving property they do not own? Sounds like a good deal for Famous realty!

The Bizness

I don't think city funds were used for this.

usea611

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Cowboy

Looks like a great place for a police station!

Centauri

Erie County (OHIO) taxpayers again giving free money to the wealthy.

http://www2.sos.state.oh.us/pls/...
FAMOUS REALTY OF CLEVELAND, INC County: CUYAHOGA State: OHIO

http://erie.iviewauditor.com/Dat...
$545,070 Current Valuation
$89,250 2006 Valuation (2006/01/01)
$26,550 2003 Valuation (2003/01/01)
$26,550 2000 Valuatiom (2000/01/01)
$10,000 1997 Valuation (1997/10/03)
$10,000 1994 Valuation (1994/11/08)

NOTE: 5 acres of prime waterfront property.

http://erie.iviewauditor.com/Dat...
$1,055,990 Current Valuation
$265,990 2008 Valuation (2008/04/30)
$316,350 2006 Valuation (2006/01/01)
$336,900 2003 Valuation (2003/01/01)
$336,900 2000 Valuation (2000/01/01)
$419,000 1997 Valuation (1997/10/03)
$419,000 1994 Valuation (1994/11/08)

NOTE: 10 acres of prime waterfront property. In about 18 years, the land value remained the same.

What a joke for the tax payers of Erie County, Ohio.

How is that higher sales tax working out for you?

Centauri

http://www.sanduskyregister.com/...
City to demolish APEX building
"In December, Sandusky officials obtained a $1.09 million state grant to jump-start the project.

Famous Realty of Cleveland, which owns the land, contributed $323,000, while city taxpayers are fronting the remaining $45,000."

The Bizness

I have said this many times on this site. Those grants are not usually funded by your tax dollars. Industry pays taxes to be put towards grants for site remediation.

I may be wrong on this but usually funds for these projects come from industry taxes.

Factitious

You are wrong. This property qualified to be condemned, and every nickel of taxpayer money that was used to clean it up should be billed to the owner, and if he doesn't pay, the property should belong to The People.

Businesses don't pay the cost of the pollution and rubble they walk away from. Economists call that a "cost externality." It's an insidious form of market failure that plagues our unsustainable system.

The Bizness

CERCLA was originally created to make chemical and oil companies pay for cleanup. Apparently as you can see from my post down below, that it had failed.

This is why we can not afford to relax regulation on industry.

rjk1915

Ar taxes from industry kepy in separate accounts?

The Bizness

It appears I was wrong. Usually the company that contaminated the site is responsible for cleanup, but in a case such as this it used to be paid for by tax on chemical and petroleum industry. Congress stopped that practice in '96 and funds were depleted in 2003. Since them congress has appropriated funds through thethe general revenue.
I'm disappointed this changed but could not think of a better way to spend tax dollars to clean up a comtinated area and make it useful again.

T. A. Schwanger

###

@ The Bizness

FYI

Actually the APEX property is being cleaned up through the use of Clean Ohio Revitalization Fund which is Issue 2 money voted on by the taxpayers of Ohio.

Ohio Clean Ohio Fund Act, Issue 2 (2008)::::::::::

Clean Ohio Assistance Fund – Discretionary grant program serving communities designated as Ohio Priority Investment Areas. Grants are available for up to $300,000 for environmental site assessment, and up to $750,000 for remediation projects. The COAF receives 20% of funding appropriated for the brownfield portion of the Clean Ohio Fund. Applications are accepted, reviewed, and approved on an ongoing basis. COAF applications are approved by the Director of the Ohio Department of Development.

Clean Ohio Revitalization Fund – Statewide competitive grant program governed by the Clean Ohio Council in which communities compete for grants for up to $3 million to acquire, demolish, cleanup, and improve infrastructure on brownfield properties. The Revitalization Fund receives 80% of funding appropriated for the brownfield program. Applications are accepted, reviewed, and scored in accordance with the published program policies. The enabling legislation for the program is Ohio Revised Code

The Bizness

Thanks

I was attempting to make an counter argument to the "not my tax dollars" crowd but failed.

I always was under the assumption that CERCLA and subsequent laws funded these grants.

2Timothy1-7

Will the City of Sandusky, State of Ohio or any other government agency that fronted the money to clean this site and create a financial windfall for the owners be paid from the sale proceeds? Or how about an inquiry into why the property was undervalued for tax purposes for all those years?