[Milsurplus] [MMRCG] Dayton Hamvention Hara Arena

Tue May 28 14:37:31 EDT 2019

John, I went back and did some checking after my earlier post.  It seems someone did in fact negotiate a deal with the two largest creditors and has in fact agreed on a purchase deal as of a year ago May.  No idea how or if the Feds will let it go as they're ahead of the banks as the creditors go.   The opening bid price the feds were seeking was somewhere north of $1.2Mil and there were NO bidders.  Given there has been little news beyond this, the deal may have fizzled.  As far as demo costs go, I think the $300K estimate is probably low.   The site was originally developed when there was little or no concern for storm water management, traffic impact and waste water management, all of which would need to be brought current.  There's considerable vacant properties including multiple auto dealerships nearby (across the road) that failed because the location isn’t accessible from the interstate, has no viable lodging, restaurants, et al.  Taking all of this into account, I think finding a funding partner is unlikely.

John WD8INC

-----Original Message-----
From: joldenburg2 at new.rr.com [mailto:joldenburg2 at new.rr.com] 
Sent: Tuesday, May 28, 2019 2:02 PM
To: John P. Caldwell <jcaldwell at rbcos.com>; 'Military Surplus Mail List' <milsurplus at mailman.qth.net>; mrca at mailman.qth.net; MMRCG at groups.io
Subject: Re: [Milsurplus] [MMRCG] Dayton Hamvention Hara Arena

Agreed. The IRS did seize it  for back taxes and then tried to subsequently sell it at auction. If I recall they needed close to $2,000,000 to close a sale and no-one was able to do so. Now the municipality a has a real headache as the Federal Govm't is notorious for neglecting the foreclosed properties it holds. It will in the most likely scenario have to be razed by the municipality who will the attach the associated costs to the tax roll of that parcel. Razing a structure of that size and age could easily exceed $300,000.

Jon AB9AH
---- "John P. Caldwell" <jcaldwell at rbcos.com> wrote: 

=============
> Now they can claim some on insurance

No they can’t, the entire property was seized by the IRS for non-payment of federal taxes about 2 years ago.  Even if the owners still held the property, the IRS would attach to any insurance settlement.  Then again, if you’re not paying your federal taxes, you probably stopped paying the insurance also.

Unfortunately the tornado didn’t knock down enough of Hara

John WD8INC

From: MMRCG at groups.io [mailto:MMRCG at groups.io] On Behalf Of W2HX
Sent: Tuesday, May 28, 2019 10:59 AM
To: mrca at mailman.qth.net; MMRCG at groups.io; Military Surplus Mail List <milsurplus at mailman.qth.net>
Subject: Re: [MMRCG] Dayton Hamvention Hara Arena

looks like the tornado made an improvement hihi. Glad no one got hurt. That tornado might have helped them. Now they can claim some on insurance. 

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From: MMRCG at groups.io <mailto:MMRCG at groups.io>  <MMRCG at groups.io <mailto:MMRCG at groups.io> > on behalf of Ray Fantini <RAFANTINI at salisbury.edu <mailto:RAFANTINI at salisbury.edu> >
Sent: Tuesday, May 28, 2019 8:56 AM
To: mrca at mailman.qth.net <mailto:mrca at mailman.qth.net> ; MMRCG at groups.io <mailto:MMRCG at groups.io> ; Military Surplus Mail List
Subject: [MMRCG] Dayton Hamvention Hara Arena 

There were tornados last night just north of Dayton Ohio in Trotwood. The old Hara Arena was hit and lost part of its roof and was damaged. Perhaps this is the final end to the Hara Arena? The longtime home to the Dayton Hamvention before it moved to Xenia three years ago.

Somehow as soon as I learned of the tornados just above Dayton last night thought of this and now you can see the video for yourself.

https://www.daytondailynews.com/news/local/hara-arena-roof-blown-off-trotwood-schools-closed-after-tornadoes/5W7NpDohYwDBNwu9fp59bK/

Maybe the last chapter in the Hara story.

Ray F/KA3EKH

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Jon Oldenburg AB9AH
"A bicycle can't stand on it's own because it is two tired..."