To: jim.oreilly@attglobal.net
Mr. James O'Reilly (CCHOA President),
The December newsletter states that you disclosed the land/money transaction with Stratus. I asked the info center for documentation of that disclosure, promised in the newsletter, and was told there is NONE for me or other members to look over.
I asked for full discloser from you and the other two board members almost a year ago, and all our CC board refused to give it. I'm sending this email directly to you, to get answers. I'm posting this letter, and any reply you send back, on the circlec.CC website.
The timing, and the fact that you personally benefited from this transaction, gives many residents concern. Our BOD are not to financially benefit from their positions.
1. How much did you pay for the acre of land on Mopac?
2. When did you purchase it, and from who?
3. How much did Stratus pay you for this land in October 2003?
4. Will you provide the members with all documentation to support your answers?
Some neighbors are suggesting that this transaction could be a payoff to help Stratus ''shepherd'' the proposed oversized HEB on track 103. The proposed 93,000 sq ft HEB at Escarpment & Slaughter would be one of the largest grocery stores in South Austin. The main concern is that this MegaGrocery Store is at the ''front Door'' of Circle C. In comparison, The Brodie Lane HEB is 76,000 sq ft. The additional 3,000 planned homes to be built south of Circle C, will use the Escarpment extension that you personally fought for, and the additional 2,700 homes to be built right here in Circle C, and this Mega Grocery store, paints a future traffic nightmare for the residents of our neighborhood.
I hope you will take a moment to answer the four questions above, for myself and all concerned residents of Circle C.
I also expect that you and Steve Bartlett, will do the ethical thing, and recuse yourselves in any Stratus/HEB negotiations on CCHOA's behalf. This first commercial development is important for Circle C's future. It needs to be right. Please consider stepping down from your position, so a resident with NO conflict of interests can take your place.
CCHOA member,
Paid in Full,
Sal Costello
10300 Dalea Vista Ct
Mr. James O'Reilly (CCHOA President),
The December newsletter states that you disclosed the land/money transaction with Stratus. I asked the info center for documentation of that disclosure, promised in the newsletter, and was told there is NONE for me or other members to look over.
I asked for full discloser from you and the other two board members almost a year ago, and all our CC board refused to give it. I'm sending this email directly to you, to get answers. I'm posting this letter, and any reply you send back, on the circlec.CC website.
The timing, and the fact that you personally benefited from this transaction, gives many residents concern. Our BOD are not to financially benefit from their positions.
1. How much did you pay for the acre of land on Mopac?
2. When did you purchase it, and from who?
3. How much did Stratus pay you for this land in October 2003?
4. Will you provide the members with all documentation to support your answers?
Some neighbors are suggesting that this transaction could be a payoff to help Stratus ''shepherd'' the proposed oversized HEB on track 103. The proposed 93,000 sq ft HEB at Escarpment & Slaughter would be one of the largest grocery stores in South Austin. The main concern is that this MegaGrocery Store is at the ''front Door'' of Circle C. In comparison, The Brodie Lane HEB is 76,000 sq ft. The additional 3,000 planned homes to be built south of Circle C, will use the Escarpment extension that you personally fought for, and the additional 2,700 homes to be built right here in Circle C, and this Mega Grocery store, paints a future traffic nightmare for the residents of our neighborhood.
I hope you will take a moment to answer the four questions above, for myself and all concerned residents of Circle C.
I also expect that you and Steve Bartlett, will do the ethical thing, and recuse yourselves in any Stratus/HEB negotiations on CCHOA's behalf. This first commercial development is important for Circle C's future. It needs to be right. Please consider stepping down from your position, so a resident with NO conflict of interests can take your place.
CCHOA member,
Paid in Full,
Sal Costello
10300 Dalea Vista Ct
