LovelandPolitics.com BLOG
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Entry for March 5, 2008
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The Loveland City Council voted 7-2 to give Colorado VNet, a local company, $900,000 to move their headquarters within Loveland.  In exchange for the money, Colorado Vnet will sign an agreement to bring at least 134 jobs to Loveland by 2012.  (see story on LovelandPolitics main page why the 250 jobs being reported in the general press is not accurate).



Councilman Solt offered an amendment to the agreement that would protect city taxpayers by requiring the company pay back Loveland in five years $5,000 for each employee they fail to bring or hire in Loveland or meet the minimum salary level.  Instead, the council rejected the amendment to the motion for the plan and instead approved only $2,000 per employee "clawback."  The Council voted 7-2 in favor of a plan that includes a clawback provision of only $500,000 meaning the company will keep $400,000 whether they perform under the agreement or not.



The company reported to Council they will move into the WaterPik building with the money.  We wish them well and hope the clawback provisions are not necessary in the future.



Any comments?
2008-03-06 05:23:01 GMT
Comments (15 total)
Author:Anonymous
Is this for real? What a crackpot. Am I the only one who has noticed all the businesses that want to beg more money than they've ever made from local gov'ts?
They should tell this guy to pound sand
2008-03-06 06:30:18 GMT
Author:Anonymous
Bill is the most wonderful, considerate and thoughtful human you will ever meet. Everything he touches turns to gold because he is so smart businesswise.

Councilor Darryl Klassen is a clown who knows nothing about business. Klassen doesn't have the right to ask Bill about his "personal finances." Nobody in the city should be asking him for this since they will not understand a balance sheet unless Don Williams spoon feeds them the information.

Walt and Bill were in business years ago so maybe Walt Skowron that is knows enough to vouch for Bill and that should be enough.

Anyways, Bill is giving his word (which is Gold) and the personal guarantee they asked for is just insulting. How will Darryl know what a balance sheet looks like since he's just another guy living on social security and not creating jobs the way Bill is.

Loveland should thank God they have a man like Bill willing to locate and bring jobs here as his company grows.

May God bless you.
--M. Smith
2008-03-06 06:38:29 GMT
Author:Anonymous
M. Smith - Did someone sneeze?
--Carol
2008-03-06 06:39:44 GMT
Author:Anonymous
This is an outrage! How can 7 councilors vote to NOT make the company accountable to ALL the money they are receiving? You failed to publish their namse so here your are:

1. Gene Pielin
2. David Clark
3. Walt Skowron
4. Darryl Klassen
5. Larry Heckel
6. Carol Johnson
7. Glenn Rousey

Loveland, don't forget these 7 sell outs. They are the McWhinney 7 stooges and the same 7 jackasses who voted to use your tax dollars for land speculation along the 402.

VOTE THEM OUT. Nobody in town who isn't doing business with the city likes these stooges so let's get them out soon!
--Veronica
2008-03-06 21:48:39 GMT
Author:Anonymous
Thanks to the web host for looking objectively at the reality of the numbers, Loveland staff likes to cook the books on this stuff, Rene Wheeler the finance manager will do whatever Don Williams tells her to do (talk about a stooge), which is whatever he pleases, facts are just an inconvenient truth to him. They claim those existing jobs as "saved" thus bumping up the number when it is highly unlikely he would have left the City, he lives here. The only redeeming thing here is that for the one and only time they have actually supported a true good primary job employer, and I would like to emphasize that this is the first time an incentive like this has been offered to a small primary job business under this Council and manager and not to McW for retail jobs. They felt compelled to do something for a true primary job industry to cover up all the many retail give-aways to McW, like putting out a fire with gasoline. Oh, yes, and Save god's blessing for yourself, I don't need it. YES, I AGREE VOTE THEM OUT BUT NOT FOR THIS, ITS NOT THAT BAD OF A DEAL, VOTE THEM OUT FOR ALL THE OTHER CRAP GIVEAWAYS TO MCW. Thanks again to the web host, I disagree with a lot of his politics but he is really doing a service to the community by offering an alternative, objective view of things and a way for folks to post their views.


--Ignorant
2008-03-07 01:06:27 GMT
Author:Anonymous
Thanks "Ignorant." We try and don't always get it right so that is why your contributions to the blog are critical.
--Guchwale
2008-03-07 19:04:32 GMT
Author:Anonymous
Ingnorant has a point. On the last blog on the subject of incentives, it was pointed out that the City incentivized - to the tune of hundreds of millions of taxpayer dollars - retail development that would have happened anayway. Once a city hit the 50,000 person mark or thereabouts, it became a market that drew the types of retail development - Promenade shops, Bed Bath & Beyond, etc. - that the city incetivized. At least this company will (if it succeeds - the City is playing venture capitalist here) create good jobs. Unfortunately, I think they've got themselves in this situation - they've given away the farm once, and now every business will be asking for similar incentives.
--Anonymous
2008-03-09 20:40:20 GMT
Author:Anonymous
Yes, incentives are now expected, that was much of the root of the 402 debacle, those owners came forward a couple years back with proposal to annex as long as they got the McW deal, which Council balk at and they are now going to extremes to fight that mess as well. Williams and the old guard Council are very bad at anticipating consequences, a sign of incompetence and the lack of professional management. Look at the article about JAX outfitters, they are looking at Loveland, if they can get incentives. They may actually lose retailers that will expect incentives as a matter of equity and then chose another location like Johnstown because Loveland does not give retail incentives, except when its for the boys.
2008-03-10 00:42:51 GMT
Author:Anonymous
Let me get this straight. Did Pielin and the majority on Council really agree to a deal in which the businessman doesn't have to do anything at all to keep $400,000? If that's true, then all for the effort of soliciting his buddies on Council, he could close shop, pocket $400,000 of OUR taxes. Hey, sounds like a great business model, if you've got the juice. Schmooze some cronies (and help them get elected), promise "jobs" and hold out your hands. Better yet, bring a wheelbarrow for the cash they give you.
ONLY IN LOVELAND!

But I have another question. Let's say the company does expand. How many of those jobs will go to residents? I mean, those already here, un- or under-employed)? Most companies like V-Net recruit nationally. What assurance do we have that these "jobs" (if created) will benefit any one of us living here today? None, it appears.

We have GOT to get rid of these stooges.
--Ben
2008-03-11 21:07:54 GMT
Author:Anonymous
I know you will remove this message once it is posted since Gene told me that is what this unfair webpage does.

You are wrong. Just two points everyone should understand.

1. The money will be released to Colorado VNet as they incur expenses when they move so no one gets cash unless we incur expenses

2. Its not reasonable to expect those jobs to come from Loveland since Bill is trying to hire smart people.

Smart people coming to Loveland will need to get their laundry done, cars washed and will eat out not to mention maybe buy an expensive new home which puts even more people in Loveland building custom homes for smart people coming to work in Loveland

The city doesn't have an educated work force
--GLENN
2008-03-12 04:48:28 GMT
Author:Anonymous
I know you will remove this message once it is posted since Gene told me that is what this unfair webpage does.

You are wrong. Just two points everyone should understand.

1. The money will be released to Colorado VNet as they incur expenses when they move so no one gets cash unless we incur expenses

2. Its not reasonable to expect those jobs to come from Loveland since Bill is trying to hire smart people.

Smart people coming to Loveland will need to get their laundry done, cars washed and will eat out not to mention maybe buy an expensive new home which puts even more people in Loveland building custom homes for smart people coming to work in Loveland

The city doesn't have an educated work force
--GLENN
2008-03-12 04:48:47 GMT
Author:Anonymous
Well Glenn, Bill is suffering from what is called an unintended consequence, something Gene and the rest of the Council and City Manager are too stupid to understand. The public has gotten a very bad taste in their mouths as a result of the give-aways to McW for retail jobs and naturally react negatively to any kind of subsidy, especially from this Council who's judgement and motives have become very suspect. The business community needs to stop being afraid of McW and get them to stop their abuse of the system so that worthy primary job providers can receive hand-outs too.
2008-03-13 02:09:43 GMT
Author:Anonymous
I agree completely. A formal, organized and sensible program needs to be created instead of the current system where any bar drinking buddy of Wiliams has the best shot regardless of the type of business.
--Todd
2008-03-14 06:23:13 GMT
Author:Anonymous
That guy is laughing all the way to the bank
--Bill
2008-03-20 05:23:45 GMT
Author:Anonymous
Glenn,
Surely you can not dispute that even if NOT ONE SINGLE NEW JOB is created by VNET, they would pocket $400,000 of taxpayers' money.
That's exactly what you signed onto.
Furthermore, insulting the population of Loveland by impugning their intelligence and education will make you no friends here.
When you leave Council, I suppose you can just pack up and move to a nice gated community somewhere, oblivious to the harms you've done.
--Ben
2008-03-27 01:54:55 GMT
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