Minot Parking Garage Developer Tangled in Oregon Ponzi Scheme

Dominic O’Dierno, Asset Manager for Cypress Development, LLC and signatory to the MAGIC Fund application for an additional $2.5 million in funding for the City of Minot’s embattled downtown parking garages, is presently under sanctions by the U.S. Securities and Exchange Commission for his involvement in an Oregon-based Ponzi scheme. An S.E.C. Administrative Proceeding from December 6, 2012, 

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Cypress Development Requests $2.5 Million from MAGIC Fund for Completion of Parking Garage

Cypress Development, the lead developer behind the embattled downtown parking garages has requested an additional $2.5 million dollars from the MAGIC Fund to complete the project. Here are the details from the agenda for next week’s MAGIC Fund screening committee meeting. View the full application here. And, Mayor Barney has released his quarterly letter. In it

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Mayor Barney Comments on Parking Garages in Quarterly Letter

The following was written by Mayor Chuck Barney. When I started writing these quarterly updates, I had the goal of covering as many topics as I could, but in this letter, I want to focus on one specific issue in the City of Minot; the Downtown Parking Ramps. As you all know, this project has

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Editorial: Clear Communication in Minot Needs More Than Lip Service

Did you catch Jill Schramm’s article in the Minot Daily News on Minot’s Disaster Resilience Competition meeting? If not, it’s worth your time to read it and see the projects local leaders are recommending for Minot. The window to complete Minot’s Phase II application is short, so it’s great that we’re organizing quickly to give

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Effective Immediately: Watering Lawns Banned in Minot

— Official News Release, City of Minot — The City of Minot has issued ban on watering lawns following an incident in which a contractor struck a supply line that provides raw water to the City of Minot Water Treatment Plant. The ban will remain in place until further notice. City of Minot Public Works

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Editorial: On Flood Protection, We Should Expect More From Our Elected Leaders

The temperature in the Perkett gym at Tuesday’s flood protection design open house was hot — literally. Figuratively, the atmosphere hung with anger, apathy, and desperation. If you caught the Minot Voice coverage yesterday, you got the matter-of-fact version of the night. The engineering teams that are moving our long-term flood protection forward needed to

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Minot Police Department Faces Shortage of Qualified Applicants

  Keeping our police force growing at the pace of our community has its own challenges, but the one that makes it toughest — getting applicants for open positions and then retaining them once they’re hired and trained. KMOT has the story.

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Flood Protection: Phase II & Phase III Design Concept Open House

Members of the Souris River Joint Board and engineers from Ackerman Estvold and Bar Engineering held a public input meeting at Perkett School last night. The design work for Minot’s west-side flood protection is ~30% complete; this meeting was intended to present the progress and gather public feedback. Here are the important points: This meeting

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Minot Police: Counterfeit Money in the Area, No Fireworks in the City

News releases from the Minot Police department provide some timely warnings on fireworks and presence of counterfeit money working through the community. Full news releases are below. No Fireworks in the City With the Fourth of July approaching, the Minot Police Department Crime Prevention Unit reminds people of Minot of the following fire code adopted

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City of Minot: Planning Commission Votes to Keep Dog Daycares in Business Zones

Jill Schramm of the Minot Daily News has the report on yesterday’s planning commission meeting. Of note, the commission’s recommendation to keep dog daycares out of residential areas — an issue that was previously in front of City Council and pushed back to committee.

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Minot Sales Tax Revenue Grows in Spite of Oil Downturn, ND Up Also

In the first quarter of 2014, North Dakota’s sales tax revenue grew by 2.26% over the same period in 2014. And Minot was one of the fastest growing communities with over 10.75% growth in the same period. The official news release from the North Dakota Tax Commissioner’s office follows below. — Official News Release, ND

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Liquor License Economics: Quotas, Barriers to Entry, & Information

If you’re new to Minot’s liquor license discussion, what’s happening in this post is an introduction to a few economic principles that illustrate why Minot’s laws governing liquor licenses are broken. Earlier this month, City Council attempted to redefine what it means to be a ‘supper club’ (a type liquor license). In the process, they

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Four Years Later: Are You Confident We’d Fight a Better Flood Fight Today?

It will be a long time before flooding isn’t in the Minot news towards the end of June, but this year there were a few more reasons than simply the time of year. The four-year anniversary was marked by a couple stories you should know about. First of all, the Souris River Joint Board met

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Street Vendor Ordinance Approved by Bismarck City Commission

The City of Bismarck updated their laws on where food trucks can park. It’s an issue many communities are facing right now. In Minot, the Park Board recently voted to allow food trucks to operate in Minot Parks provided they get a permit.

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City of Minot: On to Phase II of Resiliency Competition

Minot is one of forty municipal and state governments that will be moving on to the second round of  the National Disaster Resilience Competition, a program sponsored by Housing and Urban development that will award up to a billion dollars of federal money. — Official News Release, City of Minot — U.S. Housing and Urban

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Cedar Rapids Unveils Final Flood Control Plan

Cedar Rapids flooded three years before Minot; it makes them a useful measuring stick. Their final flood protection plan has just been unveiled and is similar in scope to Minot’s. Of most interest might be the personnel structure that’s been implemented to move the process forward.

Read & Share   sourced from: Cedar Rapids Gazette