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Ian McColgin
08-04-2017, 06:49 AM
[IMc - This story has been perking along for a good month. The kids are right - The Garden has utterly and knowingly welched on its promises and duties and this settlement lets those greed heads off cheaply. I hope the process does not turn these youth too cynical because they have done good work that should be the beginning of a life challenge. Sisyphus has nothing on them.]

[Opening Story]

Teens discover that Bruins have been stiffing Boston for 24 years

TY ANDERSON
JULY 14, 2017 - 2:57 PM
For years it was said that Bruins owner Jeremy Jacobs was scamming Boston.

That was often made as a joke in relation to the product put on the ice through the late-90s and into the early 2000s. But every great joke has a little bit of truth to it, and this truth was discovered by a trio of Boston teenagers, according to the Boston Globe.

When it came to constructing the then-new 17,565-seat TD Garden -- which continues to undergo massive renovations in its 22nd year of existence -- Jacobs, who will be inducted into the Hockey Hall of Fame this November, received funding from three different banks for $160 million, and after some bickering with the city, reached a deal to build a new Garden so long as Jacobs made an effort to help the city’s development.

“The legislation does not include $3.5 million in so-called linkage payments to support public swimming pools and skating rinks, a requirement Mr. Jacobs had objected to,” the New York Times wrote of the deal in 1993. “But it does require that the Garden be available at least three times a year for charity events to benefit the commission that oversees state recreation facilities, and it requires Mr. Jacobs’s company, Delaware North, to contribute $10 million to help build the adjacent train station.”

But with multiple public city rinks closed due to a lack of funding and upkeep, especially those in at-risk communities, and without a single record indicating a community charity event at the Garden, this has been uncovered as a 24-year raw deal for Boston.

And just how did the students, who weren’t even born when this deal was first made, expose just how little the money-printing Garden had done for the community?

According to the Globe, this all started with the students’ efforts to raise money to build the Jackson Square Recreation Center, a $21.5 million, 50,000-square-foot facility with a regulation-size ice rink that would be across from an MBTA stop. The state has dedicated some grants to the project, yes, but left the rest to the developers. The nonprofit development agency, Urban Edge, is spearheading the project, which would serve Jamaica Plain and Roxbury, the Globe reported.

And it was in their tireless search for additional help, and with a tip sent to Ken Tangvik, a community organizer for the Hyde Square Task Force, that the teens realized the Garden had not held a single charity event for the betterment of their community.

It was with a look at the ‘93 books that the teens got their confirmation that it should have been happening: “An act furthering the establishment of a multi-purpose arena and transportation center.” One section of the law stated, “The new Boston Garden Corporation . . . shall administer . . . no less than three charitable events per year . . . and shall pay the net proceeds . . . to said Metropolitan District Commission.”

State officials confirmed to the Globe that they are involved in discussions now with TD Garden “regarding a resolution to the legislative requirement,” but they also said it would be too early to comment on any potential disbursement of money. TD Garden spokeswoman Tricia McCorkle, meanwhile, pointed out that the Garden and its related organizations already raise more than $2 million a year for community programs through other charitable efforts, though she said the organization was committed to working with the DCR (Department of Conservation and Recreation).

“This matter was just brought to our attention, we are in early stages of discussions and are working on a resolution with DCR,” McCorkle told the Globe.

Knowing that the funds were supposed to be directed to the maintenance and care of recreational facilities, the Globe notes that the teenagers believe that the community-based developer of a new rink could make some claim to the money, especially after the closure of the two indoor rinks that had been operating in the area, and that they could seek a one-time payout covering the 24 years of missed payments from charity events that never happened. However, as reported in the Globe’s story, it is unclear if the money can go to the facility the teens are hoping to build in their neighborhood, as it would not be a property of the state, which is where the money should have been going over the last 24 years.

According to the Globe, Garden president Amy Latimer and the Parks and Recreation Department have both said that they “will be formulating strategies going forward.”

http://www.weei.com/blogs/ty-anderson/teens-discover-bruins-have-been-stiffing-boston-24-years


[And how it works out. Note that TD Garden did not reach a deal with the teens, but rather with the City.]

TD Garden reaches settlement with teens that exposed decades of non-payments

TY ANDERSON
AUGUST 03, 2017 - 5:35 PM

Exposed for over two decades years of non-payments, Bruins owner Jeremy Jacobs and TD Garden have reached a settlement with the state Department of Conservation and Recreation, agreeing to pay them $1.65 million, according to the Boston Globe.

“We have worked diligently with the DCR and state officials on a fair and equitable approach to this issue,” TD Garden president Amy Latimer said in a statement.

According to the Globe, the DCR is contributing an additional $1 million, and the total amount of $2.65 million will directly benefit the community athletic facility in Jackson Square, a project the students who uncovered the oversight had been fighting to fund.

The $1.65 million sum was determined after both TD Garden and DCR officials reviewed three community-style events hosted at the venue for the Massachusetts Interscholastic Athletic Association each March, which the TD Garden receives $25,000 in net proceeds from the events each year. They then added that amount up over the 22 years of missed payments to $550,000, so officials decided to triple that amount.

But the $1.65 million, which is far less than the over $13 million that was calculated as owed to the city (factoring in fees, late penalties, and interest), was not enough to keep the teenagers from protesting outside the the Garden on Thursday.

“Jeremy Jacobs you can’t hide, we’ve got justice on our side,” the teenagers, with signs in hand (one telling them to stop hiding), chanted outside the home of the B’s and Celtics. “Jeremy Jacobs where's the money, we don't think it's very funny."

The story notes that TD Garden, which has been home to completely sold out Bruins games since Dec. 2009 (well over 300 games ago) and a Celtics team that reportedly sold 99.6 percent of their tickets at home games last season, and DCR are formulating a plan to ensure that going forward the venue fulfills its statutory obligations.

http://www.weei.com/blogs/ty-anderson/td-garden-reaches-settlement-teens-exposed-decades-non-payments

Figment
08-04-2017, 06:57 AM
you're telling me the Garden (the real one) has been gone for 22 years?!!!

ok now I feel even older.

John of Phoenix
08-04-2017, 09:41 AM
But the $1.65 million, which is far less than the over $13 million that was calculated as owed to the city (factoring in fees, late penalties, and interest), was not enough to keep the teenagers from protesting outside the the Garden on Thursday.

Just give them a license to steal.

BTW, "TD" stands for Toronto Dominion, the bank. Also see TD AmeriTrade.

F***ing thieving bankers!