Imagine you and your spouse are watching TV one night and you see an ad for the new Chevy Malibu — the one where rich people mistake it for a BMW and are shocked to discover that they start at under $25,000.
Your spouse says, “let’s get one. Our ’99 Sentra is on its last legs and that looks so nice.” You agree, in that general sort of way that really means, “we need to get more information and study the situation.”
But when you come home from work the next day there is a brand new Malibu in the driveway and your spouse informs you that it’s yours — as in: she/he bought it today. You think to yourself, “wow, this really is nice; leather seats, power everything, back-up camera, super safety features, a great sound system — everything the Sentra isn’t.” You are feeling pretty good.
Until you discover that your Malibu was not $25,000, or even $35,000. Your new Malibu cost you $85,000! Not only that, but as you and your spouse “discuss” the wisdom of this purchase, which he/she made in secret, you discover that your spouse took the first offer she/he received and didn’t bother to get a quote from any of the other five Chevy dealers within a 30 minute drive.
On top of that, your spouse paid for the car with a second mortgage on your house, in violation of the terms of your first mortgage. Now the first lender will be within his rights to foreclose on your home because of this; so now you’re going to have to hire a lawyer to keep that from happening.
Just how upset would you be about all this?
Well, however upset you are, you should be at least that upset with Doug and Enzo over the Packard Music Hall contract with JAC Management. I apologize for sneaking this story in on you again, but there was yet another misguided letter in the Tribune last Sunday defending the contract, and I feel it is necessary to push back every time this happens so that history does not get rewritten. The Tribune letter writer based his argument that the deal is good, on the fact that the shows are better, and JAC is doing a good job. And they are. No question. But at what cost?
The PMH/JAC contract in an $85,000 Malibu.
You paid for it with your tax dollars, and the way it was done (by Enzo the lawyer) could have caused the city to lose ownership of PMH and Packard Park because it violated the terms of the WD Packard Trust.
Thanks to the probate court, the contract must now be rewritten, but only to fix certain specific violations of the Packard Trust. The financial terms will not change unless enough Warren voters demand that those terms be revisited.
If you want to let the Mayor or your Councilperson know how you feel you can find their phone numbers here.
If you want to know more details on how bad a deal this is for Warren, you can read that here.