Henry McClure has 45 years of real estate experience of real estate transactions of all kinds. Most of my career has been dedicated Shopping Mall re-development, commercial leasing, commercial sales, Mixed-Use/TIF redevelopment and sales of residential and commercial real estate. I have played real advisory roles including but not limited, commercial and residential development, leasing, zoning, real estate tax valuation, platting issues and Brokers Opinions. #mcre1
Sunday, May 18, 2025
Friday, May 16, 2025
RE: McClure KORA 051325 for 21st Gage/Freddy's Traffic study
RE: McClure KORA 051325 for 21st Gage/Freddy's Traffic study
| Thu, May 15, 11:50 AM (19 hours ago) | ![]() ![]() ![]() | ||
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Mr. McClure:
This email is in response to your records request below. Please be advised that there is no responsive record; staff advised that no traffic study was required.
Bonnie Williams
Services and Operations Manager
City of Topeka Legal Department
From: Keya Downing <kdowning@Topeka.org>
Sent: Tuesday, May 13, 2025 3:59 PM
From: Henry McClure <mcre13@gmail.com>
Sent: Tuesday, May 13, 2025 3:28 PM
To: Keya Downing <kdowning@topeka.org>
Subject: Re: KORA
Notice: -----This message was sent by an external sender----- |
Freddy's frozen custard.
Henry McClure
785.383.9994
sent from mobile 
time kills deals
Sunday, May 11, 2025
Friday, May 2, 2025
Spencer Duncan = please review
Here are five reasons why every part of the sale of a publicly owned asset, like Hotel Topeka, should be transparent and public:
- Accountability to Taxpayers: Public assets are funded by taxpayer money, so residents have a right to know how their resources are managed. Full transparency in the sale process, including bids, negotiations, and final decisions, ensures officials are held accountable for securing the best value and avoiding favoritism or mismanagement.
- Prevention of Corruption: Open processes reduce the risk of under-the-table deals or conflicts of interest. By making every step public, including bidder qualifications and evaluation criteria, the city can deter potential corruption and ensure decisions prioritize community interests over private gain.
- Community Trust and Engagement: Transparency fosters trust between the city government and residents. Public access to sale details, such as proposed uses for the property or financial terms, allows citizens to provide input and feel confident that decisions align with Topeka’s economic and social goals, like preserving the hotel’s role in tourism.
- Fair Competition Among Bidders: A fully public process ensures all potential buyers have equal access to information and opportunities. Disclosing bid requirements, timelines, and selection criteria prevents unfair advantages, encouraging competitive offers that maximize the asset’s value for the city.
- Long-Term Economic Impact Clarity: The sale of a significant asset like a hotel affects local jobs, tourism, and development. Publicizing every aspect, from buyer plans to reinvestment commitments, helps residents understand the long-term implications and ensures the sale supports broader community priorities, such as economic revitalization.
Put all the money in the street [potholes 1st]
Using tax dollars earmarked for economic development to fund charities is misguided for several reasons, as it diverges from the core purpose of economic development, which is to stimulate sustainable growth, job creation, and infrastructure improvement in a community. Below are four reasons why this practice is problematic, along with an explanation of why it does not constitute economic development:
- Misalignment with Economic Goals: Economic development funds are intended to invest in projects that directly boost local economies, such as infrastructure upgrades, business incentives, or workforce training programs. Charities, while valuable for social good, often focus on immediate relief or services (e.g., food banks, shelters) that don’t inherently generate long-term economic activity, such as new businesses or jobs. Diverting funds to charities undermines investments that create measurable economic returns, like tax revenue or employment opportunities.
- Lack of Economic Multiplier Effect: Economic development initiatives prioritize projects with a multiplier effect, where each dollar spent generates additional economic activity (e.g., a new factory creates jobs, which increases local spending). Charitable giving, while addressing urgent needs, typically lacks this ripple effect. For example, funding a charity’s operational costs may provide short-term aid but doesn’t build infrastructure or attract investment that sustains economic growth over time.
- Erosion of Public Trust and Accountability: Taxpayers expect economic development funds to be used transparently for projects with clear, measurable outcomes, like job creation metrics or GDP growth. Allocating these funds to charities, which may have less tangible or immediate economic impacts, risks eroding public trust. Unlike economic development projects, which are often subject to rigorous oversight and performance benchmarks, charitable donations may lack equivalent scrutiny, making it harder to justify their use to taxpayers.
- Crowding Out Private Philanthropy: Government funding of charities with economic development dollars can reduce the incentive for private donors to contribute, as they may assume public funds are sufficient. This crowds out private philanthropy, which is better suited for supporting charitable causes, while economic development funds should focus on public goods like transportation networks or industrial parks that the private sector cannot fully finance. This misallocation distorts both charitable and economic ecosystems.



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