Kommentaarid on kirjutatud EWR lugejate poolt. Nende sisu ei pruugi ühtida EWR toimetuse seisukohtadega.
On page 16 of the May 2018 Due Diligence Report, the Estonian Centre Project Budget includes between $1,563,000 and $1,676,000 for Consultants, along with between $2,296,700 and $2,342,600 for Admin and Marketing.
Holy cow! It appears that the Consultants, Admins, and Marketing folks are being handsomely paid.
When these two Soft Costs are added together, they total between $3.86M and $4.01M - a significant portion of the overall Project Budget.
Are there Audited Financials that show expenditures to date, and can they be shared with Estonian House shareholders? That would go a long way to rebuilding some trust and transparency.
The ECU press release was signed Board of Directors. Who was on the Board? Who did not/did/should have known the 11 Madison property could not be used for the stated purpose of a branch of the bank nor the stated proposed interim use as rental property? Who was unaware/aware of city bylaws and wrote this press release? Who was the Chair? Where is the decision-making and the accountability?
The newly formed Tartu College Asset Management Committee (AMC) headed by Jaan Meri (Peeter Einola and Tarmo Lõbu, members) would “follow, evaluate and make recommendations regarding the TC’s financial management and projects . . . .
According to Jaan Meri the AMC finds that “ ‘cash’ is king”. Applying this principle has already brought about savings. He explained at greater length problems related to the parking lot attached to TC, over which a dispute has arisen with the City. Under the terms of the current agreement the City wants to take possession for itself of the parking lot, which could bring it a potential income of $150,000-$200,000. Dealing with this has required hiring lawyers with higher qualifications, which is very expensive. The thing may even go to court.
In addition the AMC recommends getting on with renovating the garage, where there is corrosion. The cost is estimated at $300,000. About the same amount would be required for the recommended renovations of the foyer and main floor office space. Nor has the idea to build VEMU been buried, Mr. Meri showed the sketch.
In discussion Elmar Tampõld explained the problems related to founding the Museum of Estonians Abroad (VEMU), saying „the rug was pulled out from underneath it“, referring to the concern about the parking lot. It is not worth despairing, though, since Mr. Tampõld is working on the fifth variant of this project!“
From
Värskeid tuuli Tartu College’is
Eestlased Kanadas 25 May 2007 Elle Puusaag
“Komitee jälgib, hindab ja annab soovitusi TC majandusliku juhtimise ja projektide osas . . . .
Jaan Meri sõnul leiab AMC, et „cash on kuningas“. Seda põhimõtet rakendades ongi juba saavutatud kokkuhoidu. Ta selgitas seejärel pikemalt TC juurde kuuluva parklaga seotud probleeme, mille osas on tekkinud linnaga vaidlus. Praegu kehtiva lepingu alusel tahab linn parkla enda valdusesse saada, mis talle võiks anda potentsiaalset sissetulekut 150.000–200.000 dollarit. Asjaajamiseks on tulnud palgata kõrgema kvalifikatsiooniga advokaate, mis on väga kulukas. Asi võib isegi minna kohtusse.
Teiseks soovitab AMC asuda renoveerima garaazhi, kus esineb korrosiooni. Selle töö maksumuseks on hinnaguliselt $300.000. Umbes sama palju võib maksma minna soovitatav fuajee ja peakorruse büroo renoveerimine. Ka VEMu ehitamise mõtet pole maha maetud, hr. Meri näitas selle eskiisi.
Läbirääkimiste osas selgitas Elmar Tampõld Välis-Eesti Muuseumi rajamisega seotud probleeme, öeldes, et „vaip tõmmati alt ära“, viidates parkimisplatsi murele. Meelt ei tasu aga heita, sest hr. Tampõld töötab selle projekti viienda variandi kallal!
https://www.eesti.ca/varskeid-...