[mobglob-discuss] Re: Bid Corp Conflicts of Interest (part 6)

Sandy Bauer sandybauer at shaw.ca
Sat Feb 22 16:50:45 PST 2003


A friend has faxed me a copy of an editorial from the June 2002 Western 
Investor.  The editor, Frank O'Brien, states "...The real purpose of the 
2010 Olympics bid is to seduce the provincial and federal governments and 
long-suffering taxpayers into footing a billion-dollar bill to pave the 
path for future real estate sales.  Whether the bid is successful or not is 
actually immaterial."  And, referring to an address Jack Poole made real 
estate developers in the spring, "'If the Olympic bid wasn't happening we 
would have to invent something' Poole, chair of the 2010 Vancouver Bid 
Corp. and a real estate developer, said in a most telling understatement".

If you're not familiar with the The Western Investor, it's web site 
describes it as "the single greatest source of industrial, commercial and 
investment real estate, businesses and franchises for sale in Western 
Canada. Every month we feature more than $750 MILLION in commercial real 
estate and business listings from multifamily residential and retail to 
office and waterfront recreational."  I've been unable to track down a copy 
of the June 2002 edition.  S.










At 11:19 AM 2/19/03 -0800, Bella wrote:
>FOR IMMEDIATE RELEASE
>February 19, 2003
>RE: CONFLICT OF INTEREST IN CONCERT PROPERTIES AND THE OLYMPIC BID?
>
>    This morning I sent an email regarding Jack Poole's comments in the 
> August 2002.
>    NO GAMES 2010 COALITION again demands full disclosure of conflicts of 
> interest by members of the Bid Corp.
>    The Globe and Mail ran an article in August 2002 which reported that 
> Jack Poole, Chairman of Concert Properties that, "He (Poole) continues to 
> chair the company, now known as Concert Properties, and has said that if 
> Vancouver wins the 2010 Games, Concert will be prohibited from bidding 
> onany related construction work."
>    Recently, Mr. Podmore, the President and CEO of Concert Properties, 
> stated the following on a Now TV debate: "We have submitted a conflict of 
> interest letter to the Olympic Bid Corp....Of 29 venues we only have 
> expressed interest in the Atlethe's village to be built in False 
> Creek.....The process of how this will be determined will be by the City 
> of Vancouver."
>    The Athlete's Village is part of the Olympic bid and should be 
> considered "related construction work".
>    NO GAMES demands that the public be given access all the conflict of 
> interest letters submitted to the Bid Corp.

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