bigbog
Active member
They are still taking reservations for December 11th. What gives?
They want your $$$.......;-)
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They are still taking reservations for December 11th. What gives?
If the hotel opening is delayed, I wonder if the ambitious snowmaking start date will be delayed. But of course Mother Nature may have the last word anyway...
From today's Cal Record
Attorney William Alexander Fead, Esq, wrote to Governor Peter Shumlin and Lt. Gov. Phil Scott, stating that the two state agencies tasked with oversight of releasing payments for the Q Burke project have not been carrying out that duty in a timely manner, for both construction and design invoices.
The Agency of Commerce and Community Development and the Department of Financial Regulation, Fead wrote, "...continue to jeopardize Vermont companies and Vermont workers, and, indeed, the viability of the State as an EB-5 Regional Center."
"This risk is the result of their dilatory review process, deviation from norms of the construction industry, and a proposed far-fetched interpretation of its agreement with Q Burke establishing the oversight procedure that would exclude 'equipment' from payment," wrote Fead.
It's ironic that the state oversight is suppose help protect the investors. But in this instance by delaying payments, dragging their feet and not being familiar with standard construction procedures, they are actually putting the investors at much greater risk by potentially causing a shut down of this project. At this point it is in everybody's best interest to get the project completed so they can open and start producing a cash flow
True, but you aren't considering that apparently something has happened to trigger the State's attention and skepticism. Yeah it sucks, but Q brought it on himself.
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Different problem with snowmaking: not enough labor to do the job since nearly every experienced employee has left.
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News 7 at Lyndon State College posted an update to their story about a possible construction halt at Burke Mountain:
News7 Reporter Tyler Cadorette has an update on the Q Burke hotel project.
Tyler Cadorette VCCJ11 hrs · Edited ·
Q BURKE HOTEL UPDATE: PeakCM President Jerry Davis says construction will continue as normal for the time being, but he is suspending all projects related to furniture, fixtures, and equipment (FF&E). That change "will impact the hotel's opening," according to Davis.
As of right now, the Dept. of Financial Regulation is not authorizing equipment expenses because of issues with the project contract. Davis says it appears that the State is willing to open the discussion about equipment line items at some point next week. He is still owed $900,000.
I'm not sure how they can open the hotel without "furniture, fixtures and equipment".
And yet they are still taking reservations for December 11. Right hand, you should meet left hand.
Just another way to nickle and dime you
I'll be down in Florida visiting my folks over Thanksgiving. Wife and I are leaving the boy for one night with his grandparents and where we are staying charges a resort fee as well. Please Note – Daily resort fee of USD 28 added to rate includes in-room Internet, fitness classes, beach pampering and much more!
Such negativity all the time about Burke. I get blasted about negativity towards Magic but it's Ok for you to go on for 494 pages now about Burke.Better hurry up and book your room! Got another Email today...big deadline!
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By the way Magic will never make it under current management/ownership.
Neither will Burke. Magic is at least an underdog worth rooting for.