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Thursday, March 21, 2013

Councilman: Wells Sherman Loan 'Bad Business'

Council votes to loan $15,000 to historic house relocation effort

Kent City Council voted Wednesday to lend $15,000 to the effort to relocate the Wells Sherman House — but not without some opposition. Councilmen John Kuhar and Wayne Wilson voted against releasing the money for the loan, which will be used as part of the effort to permanently relocate the house to the greenspace at 247 N. Water St. Kuhar called the loan bad business on the city's part because there is no set promissory note or legal mortgage for the loan that spells out what would happen if the non-profit group receiving the loan, Kent Wells Sherman House, Inc., defaults on repayment. "I have yet to see a finished copy of the actual promissory note or mortgage note, but evidently there’s not going to be any mortgage because we’re not …

Patricia

9:59 pm on Monday, March 25, 2013

I don't know if any of you remember but there was a house on that lot before and there is no doubt in my mind that there will be a house on that lot once again.   more ›

Tuesday, February 26, 2013

Council to Re-Examine Wells-Sherman House Loan

Terms of repayment, other details to be talked about in committee

Kent City Council will take another look at the $15,000 loan to Kent Wells Sherman House, Inc., for relocation and restoration of the historic house. Council voted recently to put the issue back in to a future committee meeting to review the details of the loan, which was originally approved in June 2012. Councilman Roger Sidoti, who suggested the review, said he wanted to see details such as when the city will release the money and the term of the loan hashed out. "I think there are two issues here," Sidoti said. "In good faith we are extending a significant portion of taxpayer money to the house. Obviously they are sitting on some issues they haven’t quite got rectified ... for the placement of the house." The Kent Wells Sherman House …

David Badagnani

12:02 am on Sunday, March 3, 2013

"Next up, Rick Hawksley writing a blog on the need for greenspace." $$$space must be more important to him than greenspace?   more ›

Thursday, June 21, 2012

TransPortage gets $15,000 Loan to Relocate Wells-Sherman House

Support, opposition voiced by crowd at Kent City Council meeting

One of several dominoes that needs to fall to save the historic Kent Wells-Sherman House did just that Wednesday night at Kent City Council. There are still a few more blocks to fall. Council voted Wednesday to finalize a vote taken earlier this month to loan $15,000 to the non-profit group TransPortage to relocate the house from 250 E. Erie St. to a plot of greenspace on North Water Street between Scribbles Coffee and Standing Rock Cultural Arts. Kent State University has also promised to lend $40,000 to the effort to relocate the house. The house stands in the path of Kent State's Esplanade extension and must be moved this summer so construction can start. Yet TransPortage still has to buy the land — a purchase agreement is in place — …

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Michael Pacifico

2:10 pm on Tuesday, July 10, 2012

It is my beleif that the group was closed when some started making personal attacks against others.   more ›

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