We are proud to be a significant sponsor of Barefoot Mardi Gras for the 5th Year in a row!!
Barefoot Mardi Gras
February 24 – 26, 2017
Padre Island, Texas
Add a little cayenne to your weekend & leave the shoes at home!
A Family Parade takes place along the beach off Park Road 22 between Whitecap Blvd and Bob Hall Pier. Parade starts at 11am. The Parade Judges Float will open the parade followed a few minutes later by color guard and Mardi Gras themed floats in different divisions like Float, Jeep and Golf Cart. Many colorful characters enter the parade making it a unique activity for friends and family.
New this year is the Barefoot Mardi Gras Festival, a fun filled family event with Cajun music, food, drink, displays, exhibits, artists, children’s area, children’s stage and more! Admission is $5 with Kids 8 years old and younger FREE!
An adult-themed Party, The King & Queens Ball, will let the good times roll on the evening of the 25th from 7pm – 11pm at the Veranda Restaurant & Bar at Schlitterbahn. Miss Neesie and the Earfood Orchestra will perform and a special menu of Cajun style food will be served. Signature Barefoot Mardi Gras drinks will also be available. Guests are encouraged to wear costumes. Dancing and a live video stream from Bourbon Street in New Orleans will be part of the merriment. Attendees must be 21 years old and above. Tickets are $30 and available at various locations.
Barefoot Mardi Gras Parade
February 25, 2017
Begins at 11:00 am
Floats and fun for the whole family! The parade starts at Whitecap Beach and runs along Padre Island to the Briscoe King Pavilion near Bob Hall Pier.
Barefoot Mardi Gras Festival
February 25, 2017
11:00 am – 5:00 pm
Cajun Music, food & fun for all ages! The festival is located at the Briscoe King Pavillion in Bali Park on Padre Island and features live music, artists, car displays, exhibitors, a children’s area, food, drink and more!
Admission is $5.00 paid at the door. Cash Only.
King & Queens Ball
February 25, 2017
7:00 pm – 12:00 am
Patrons must be 21 years of age or older to attend. The ball is located at the Veranda Restaurant & Bar inside the Schlitterbahn Waterpark on Padre Island. Includes a cajun style dinner and dancing to the live New Orleans style music from Miss Nessie & the Ear Food Orchestra. Costumes encouraged!
Tickets are $25 pre-sale and $35 at the door. Tickets are available at Padres Island Properties Owners Association and Schlitterbahn at the Veranda Restaurant.
Kick Off Party
February 7, 2017
Begins at 5:30 pm
The 2017 Barefoot Mardi Gras Kick Off Party will be at Doc’s Seafood & Steak Restaurant at 13309 S Padre Island Dr, Corpus Christi, TX 78418.
Includes food, music and a silent auction to benefit Big Brothers Big Sisters and the Island Foundation Schools. Admission: $8.
Fat Friday Party
February 17, 2017
Begins at 6:00 pm
The 2017 Fat Friday Party will be at the Boathouse Bar & Grill at 15241 Leeward Drive, Corpus Christi, TX 78418.
Includes food, band and a live auction to benefit Big Brothers Big Sisters and the Island Foundation Schools. Admission $5.00. Reserve a table in advance for up to (4) four people for $30.00.
The event was founded as a fundraiser for Big Brothers Big Sisters by Denise and Duane Ebert and has grown into a signature event for Padre Island. The Eberts asked the Padre Island Business Association to take on the management of the event and the two groups worked together in 2015.
Added into the mix by 2016 was an Island charity that will also serve as a beneficiary, The Island Foundation (Seashore Charter Schools). EM Marketing Company located on Padre Island, along with the Barefoot Mardi Gras Board of Directors, Committee Chairs, numerous Committee Members and volunteers will all work together on producing the events.
Exclusive 2017 Barefoot Mardi Gras T-shirts will be available starting on Tuesday, February 7 at the Kick Off Party at Doc’s. They will also be available on Friday, February 17 at the Fat Friday Party at the Boathouse. Available at participating Island businesses up to February 25 and then during the parade and festival.
Barefoot Mardi Gras Information:
Padre Island Business Association:
Exerpted from BarefootMardiGras.com
Do you want to know how it all got started? Here on North Padre Island there is a lot of dirt moving around and lots of new folks would like to know the story behind the story. Well, what started out as a water quality upgrade for our canal systems has turned into the largest development project we have ever seen. This is bigger that Schlitterbahn folks, take a look at the article below for a nice summary from the words of the developer.
When the Army Corps of Engineers deemed a new water exchange between Padre Island, Texas, and an old canal system was necessary, the city of Corpus Christi and private developers could have simply gone with culverts. That would have satisfied the need for a water exchange to improve water quality issues.
But as talks opened about the requirement for the water exchange, the potential and its impacts became increasingly obvious. Now, instead of a simple culvert, there will be an open canal, two bridges and a pedestrian walk, the impact of which should benefit the area in numerous ways.
“The developer suggested the bridge and relocating so it could be elevated and boat traffic could come through,” said Chip Urban, a principal with Urban Engineering, consultant to the city of Corpus Christi for the project. “The Coast Guard liked it because they would have faster response time to the back of the canal. It is going to be an economic driver that helps development. It will also help people come to the island and get out of their cars and stay out and spend time on the island. It will allow traffic on both sides. In the past, there was traffic on only one side. Elevating the bridge and allowing pedestrians underneath is just much more resort friendly.” READ MORE
We are thrilled to once again be a sponsor for the “Paddle for Parkinson’s – Catch the Cure” Races here on North Padre Island Saturday, September 3 2016. This is our 3rd year sponsoring this event and it is sure to be a great day for all participants and attendees. Last year many of our realtors & family members placed either first or second in several events particularly in the “Kayak Competition”. Come out for a great day and participate and give to such a great cause!
GO TO their website at www.CatchtheCure.org
Unfortunately, as The temperature goes up, so does crime. That’s why The Corpus Christi Police Department unveiled their plans to fight crime.
The difference between The Summer Initiative, compared to others is, what parts of town officers will be focusing in on. With each initiative, CCPD crime analysts determine where The “hot spots” are at different times of The year. During The Spring Break initiative, beach goers will notice more law enforcement on North Padre Island, so they’ll drive along The beaches and visit bars, focusing on underage drinking.
During The Holiday initiative, implemented at The end-of-The-year, Police presence is focused in The parking lots of major department stores but The Summer Initiative, which lasts longer than other initiatives, will bring more officers to The Downtown and Uptown area.
The biggest problem in The Downtown and Uptown area? Synthetic marijuana.
Assistant Chief Mark Gutierrez said, “Not only are we targeting The users, but we’re also targeting their dealers and that’s part of what our Narcotics Unit will be doing. They’ll be working to take The dealers off The streets.”
Synthetic marijuana isn’t The only thing they’ll be looking for. Police will also keep an eye out for minors breaking curfews or underage drinking and distracted drivers.
Commander David Blackmon said, “We’ll be out there in unmarked units actively enforcing and frankly, making examples of these people that are just blatantly putting other people in danger.”
This is The 5th year for The Summer Crime Initiative. The first day of Summer (June 20th) kicks off The first day of CCPD’s Summer Crime Initiative and ends after Labor Day weekend.
It takes a Kemp’s Ridley sea turtle about 45 minutes to nest.
“They are quick,” said Donna Shaver, chief of the Division of Sea Turtle Science and Recovery at the Padre Island National Seashore.
That’s how long it takes from the moment they crawl out of the water, scuttle up the beach, dig a hole with their rear flippers, lay eggs in the hole, cover the nest with sand and head back into the water.
And this year, about 175 of those nests were found so far on the Texas coast.
“This season is looking pretty good,” Shaver said. “We have more nests so far than we did in 2015, 2014 and 2013. However it’s still lower than 2012, when we had 209 nests on Texas coasts.”
There’s one month left in the nesting season and Shaver said she hopes to get closer to the 2012 record with the help of staff and volunteers.
She said 84 of the nests were found at Padre Island National Seashore, and nine on North Padre Island north of the National Seashore.
Padre Island National Seashore will host about 20 public releases of Kemp’s ridley hatchlings this year, including one Friday and others through mid-August.
Release dates depend upon when the eggs hatch and the hatchlings become ready for release, officials said.
Jan Sawyer, 80, has been a turtle patrol volunteer since 2002.
She did not spot a mother turtle crawl out from the water until about two years after she started volunteering. Since then, she spots one to two turtles nesting every season, she said.
“To see the mother turtles is as exciting now as it was the first time,” Sawyer said. “To see them nest and then to be able to help out during the public releases is a wonderful thing.”
The fourth public release of the season will be at 6:45 a.m. Friday at the Padre Island National Seashore.
There will be no fee to enter the national seashore to watch the release in front of the Malaquite Beach Visitor Center, which is about 2 miles from the entrance.
Officials advise calling the Hatchling Hotline at 361-949-7163 to make sure the release has not been canceled. The cancellation notice will be posted on the Padre Island National Seashore Division of Sea Turtle Science & Recovery Facebook page by 2 a.m.
Food is prohibited. To not disorient the turtles, viewers should not wear white clothing or white shoes or take photos using a flash. via Callertimes.com Twitter: @CallerNatalia
You got your home under contract! You’re so excited, a buyer loves your home as much as you do! Then, inspections are set up. The three inspections typically performed on a home here are the general inspection, the pest inspection, and the plumbing inspection.
It’s this last one that seems to be an inspection that, as of late, has been causing some unease among sellers.
Fear not, sellers! The truth is, this is not at all a scary or intrusive test. But it is an important one. The only way to calm a fear or unease is to be well informed. Here I’ll break it down so that when the time comes, as either a buyer or a seller, this test is nothing to think twice about.
Definition: A hydrostatic test is a way in which pressure vessels can be tested for strength and leaks.
Don’t let the word pressure fool you. There is a common misconception that pressure is put on your system during this test. That is far from the truth. What the plumber does is quite simple. They will find your sewer cleanout/sanitary drain pipe and insert a testball/balloon into the piping and inflate it near the perimeter of the foundation. Next, they’ll simply fill the system up with water. They will then find a commode and/or shower on the lowest level and monitor the water levels. If the water maintains its level (they’ll typically watch for roughly 15 minutes) then there are no leaks! IF the water happens to fall, there is indication of a leak somewhere in the system.
Leaks often occur when foundations have shifted. Because we are built on sand here on the Island, it’s relatively rare to have a failed hydrostatic test as foundations move less on sand. In the case of a failed test, the next step is to find where the leak actually is. That test is slightly more involved, but still not dangerous to the system. An Isolation Test is what should be scheduled next, and this test finds the actual source of the leak. It’s smart to have a different plumber perform this test to eliminate the possible suspicion of an intentional failed test to get more business (as the isolation test is far more expensive).
The entire inspection/hydrostatic test takes roughly 20 minutes. Like a ninja in the night, you may not even know they were there! Our local plumbers are knowledgeable, true professionals who are happy to answer your questions or concerns.
Note: This test typically costs around $85, and only a licensed plumber is to perform this inspection.
Did you know? A hydrostatic test is DIFFERENT than a static test. They are sometimes accidentally interchangeably used in casual conversation regarding the plumbing inspection, and there’s where some confusion can occur in terms of whether pressure is put on your system during a hydrostatic test. A STATIC test is what indicates pressure, and you can do it yourself – it’s a gauge that you can purchase at any hardware store that you screw on to your hose bib. Then, turn the water on and the gage will tell you how much pressure it is outputting. Don’t let a static test be confused with a hydrostatic test.
Here on the Island, we all speak one common language, and that is FOOD! It’s something that since the beginning of time has brought people together – we have holidays for food, special rooms in our home for making food and eating food, and food is a very universal topic of conversation.
For those of you who are familiar (or, rather, unfamiliar) with Dine Downtown, this event, hosted by Marina Arts, went on from January 18th-31st. It featured some of Corpus Christi’s best restaurants who were able to offer a three course value-priced menu. Residents bought tickets, dined, had a wonderful time, and were able to check out local eateries they may not have been to prior.
It was such a huge success, that Island resident, Debbie Noble, is bringing this concept right to our front doors! But her model is slightly different.
Sponsored by the Padre Island Business Association and the Padre Island Moon, Noble is bringing us together to break bread. This is the first restaurant-type event the Island has ever seen. Restaurants all over the Island have signed up to offer unique three-course dining experience at value price. This does not include beverages, tips and taxes.
The idea is to get both Island residents to try the local fare they haven’t yet made it out to, and to also encourage non islanders from all over the Coastal Bend to come see how special our restaurants are!
“We are so excited to show off our great Island restaurants to the rest of the city and give people a reason to come OTB,” Noble exclaims!
Currently, participating restaurants include: Veranda, Costa Sur, Boathouse, Angry Marlin, Padre Pizzeria, Island Time Sushi, JB’s German Bakery, A La Mode Gelateria, Mikel Mays, Scuttlebutts, Surfside Sandwich, Texas Mesquite BBQ, Black Sheep Bistro, Dragonfly, and Docs. Many will likely offer drink specials or signature drinks for the meal.
What’s best? Every meal that is sold, the participating restaurant gives $1 that goes toward the Corpus Christi Food Bank. Padre Pizzeria is so excited that they are donating $2 for every meal! According to the Food Bank, every dollar allows them to provide 7 meals. Talk about a delicious event for a worthy cause.
Coastline Properties has also graciously offered to match the money from the restaurant that does the most dine island meals. “Cheri Sperling is an instrumental member of the community and wanted to get involved as well,” Noble says.
Mark your calendars, and get ready for two weeks of marathon meals! The hope is to make this an annual event, so mangia!
KIIITv has recently reported on all the dirt moving around on the east side of Park Road 22. If you live in the area you have no doubt noticed all the heavy equipment moving sand on the Gulf side of Park Road 22. It is all connected to the Riverwalk-style development that is soon to be going up there and the planned bridge over Park Road 22. Lots of excitement Developing here on North Padre Island, as the “Upper Padre” Development project is well underway.
District 4 City Councilwoman Colleen McIntyre said Monday she has decided this will be her last term as a Corpus Christi City Council member.
McIntyre has accepted a position as the director of Seashore Middle School and as the superintendent of Seashore Charter Schools on Padre Island.
McIntyre told KRIS 6 News her new position makes it difficult to put in the time and effort to serve on City Council.
She has served for two terms.
“Being with all of the different groups in the community. Being able to help with… whether it’s code enforcement, animal control, zoning cases, all the different things that I’ve dealt with in the areas of the district I’ll miss that a lot,” said McIntyre.
Her term will end in November. via Kristv.com
We want to personally thank Ms. Colleen McIntyre of her dedication to city council over the past 2 terms. We truly have enjoyed her keeping an eye on padre island interests and much of the work she has completed and set into motion during her term. You will be missed, and we are excited for your new position to lead Seashore Middle Academy forward into an even more successful future. Thank you again for your service in our city government, we feel blessed to know you! ~Coastline Properties
It’s no longer just a refinance tool, but now also for use with purchases!
First let’s review what a reverse mortgage is. It’s a loan available to homeowners who are at least 62 years old, where instead of making monthly payments to a lender, the lender makes payments to the borrower. The idea is to aid elders and retirees who have wealth in their homes, but have limited income, to cover their basic living expenses and health care expenses.
BUT there is a new program that we should know about. It is called the Home Equity Conversion Mortgage (HECM) for Purchase product. This can greatly enhance the real estate service options we can offer our senior customers who would like to purchase a new home while still maintaining their retirement goals. Many mortgage companies in our Coastal Bend now have departments offering this option, which could be valuable for many seniors looking to relocate closer to family members, downsize, upgrade, or move to an active adult community.
This is an exciting option for qualified homeowners who are purchasing a home. This mortgage option allows homeowners to keep the home in their name while not having any monthly payments.
If you are 62 or older, will use the home as your primary residence, have no federal debt delinquency, can pay annual property taxes and homeowners insurance, vow to keep the property presentable, the property meets FHA guidelines, and agree to participate in a counseling session, YOU are qualified!
So how does it work?
When bundling the HECM with a new home purchase, the buyer can buy the property by mixing the HECM loan proceeds along with the proceeds from their previous home sale and/or savings to complete the transaction.
For example: Charlie is looking to downsize. He receives $700,000 from the sale of his home. He buys a home for $300,000. HECM loans Charlie $160,000 ($10,000 to cover closing costs). Charlie puts $150,000 as his downpayment. The remaining $400,000 goes straight into Charlie’s pocket!
- It involves financing that doesn’t require monthly principal and interest mortgage payments
- It includes increased purchasing power for those who are upsizing or downsizing
- It has a streamlined closing process as the buyers are purchasing and getting a HECM all in one transaction
- It may include supplemental income to support a better retirement, including a growing line-of-credit
Just like other loans, the HECM loan must be repaid. But it is unlike traditional loans in that this repayment isn’t due until the owner has sold the home, no longer uses it as their primary residence, or passes away. When one of these scenarios occurs, the HECM and any accrued interest and mortgage insurance must be paid, but the perk is that the homeowner will never pay more than the home’s market value at the time of repayment.
So run, don’t walk! Your dream retirement home is waiting…
They fly, crawl, bite, invade and annoy! And the word is that this summer, they’re coming in larger numbers due to the increased rain we’ve received this spring.
The cockroaches are sneakier, the fire ants are terrorizing from their sandy mounds, the ticks hide in unmentionable places, and the mosquitoes are the size of small hummingbirds. Then of course, with lots of rain, comes lots of pretty flowers with lots of buzzing bees!
Here are some tips to still enjoy the summertime, spend time outside, and not end up itching, burning, screaming, and picking.
- First and most effective is to have your local pest control company come and spray your yard and home. Then when your landscapers come, ask them to blow the dead ones away.
- On that note, be sure to keep your yard maintained and cut regularly, as insects will lay eggs in your lawn.
- Clean your house and reduce any clutter. This gives them places to hide. Cockroaches in particular will be drawn to food in your pantry or pet food. Keep those items tightly sealed.
- Check your screens. Even the smallest of holes is equivalent to a fancy written invitation to a pest to enter.
- Get rid of outdoor lights. If you do need them, use yellow lights. The bugs are less attracted to those.
- Check your yard for standing water, which is the perfect breeding ground for mosquitoes, among other insects. Eliminate any standing water you do find.
- Plant onions in your garden. They HATE onions!
- Keep your trash covered or taken our regularly. Need I explain more?
- Use a Eucalyptus-based repellent or just plain old Eucalyptus essential oil (Walmart sells this) and rub it on your exposed skin. The bugs will stay far away from you.
- Don’t forget about your pets! Treat them and give them their monthly doses of flea and tick meds. Not only do we want them to be protected, but they provide a first-class ticket for these insects into your home.
Enjoy this amazing time of year, and don’t be bugged by the bugs!
COLLEGE STATION – Recent home price indices (HPI) all indicate another increase in Texas home prices, a trend that will likely continue for a while, says an economist with the Real Estate Center at Texas A&M University.
CoreLogic’s HPI, one of several key indicators that center researchers track, showed an 8.5 percent year-over-year increase in Texas home prices in February. Prices in Houston-Sugar Land-Baytown and Dallas-Plano-Irving increased 10.4 percent and 9.3 percent, respectively.
“As long as inventory stays tight, and as long as demand stays high relative to supply, we’re going to keep seeing these kinds of priceincreases,” said Center Research Economist Dr. Jim Gaines. Center data show statewide housing inventory in February was at 3.1 months. Houston’s inventory was at 2.7 months in February, while Dallas was at 1.8 months. An inventory of 6.5 months is generally considered a balanced market.
While the shortage of pre-owned single-family homes on the market is contributing to the market’s tightness, Gaines said there’s also a lack of new product.
“Home builders have not been building houses as fast as they have in the past,” he said. “They’re doing the best they can, but that growth is not adding to the total inventory.”
Gaines said the demand for new homes is still there, thanks to economic growth, job growth and people moving to Texas. The biggest problem is the lack of lot inventory and land development.
“Historically, Texas housing markets have maintained a good balance of supply and demand because our building industry could build houses fairly easily, fairly quickly and fairly cheaply compared with other states,” he said. “Land costs and labor costs were lower. The Texas land development model simply worked. But financing for land development and lot development dried up between 2009 and 2013, so all of a sudden there’s this shortage, and it’s going to take several years for that to get unraveled.”
Another problem is the effect local regulatory controls and impact fees are having on builders.
“The demand for goods and services provided by local governments has increased along with the population,” Gaines said. “The cost of those goods and services has also increased, and governments are faced with the problem of how to pay for them.
So they’re passing some of those costs on to developers in the form of regulatory costs, permitting fees, platting fees, direct impact fees for roads and utilities and that sort of thing. So all of our costs are going up.”
VIA – For more from Gaines on the Texas housing market, listen to the April 8 episode of the Real Estate Red Zone podcast (“All Housing, All the Time”). It’s online at http://www.recenter.tamu.edu/podcast/
Exciting News going on over at Schlitterville. Progress continues after partnership negotiations have concluded.
KIII News Video
KiiiTV.com South Texas, Corpus Christi, Coastal Bend
Dale Rankin – “Work at the moribund Schlitterbahn Upper Padre waterpark is kicking back into high gear after a refinancing of the 75-acre waterpark and resort went into slowdown in the middle of 2015 due to a redesign of the project which doubled its size.
“We are fully funded and getting back to work,” Project Manager and part-owner Jeff Henry said from his crowded and cluttered office on the site on Tuesday. “ Our self-imposed goal is to have the waterpark finished in 70 days.”
As part of the new deal local businessman Willard Hammonds sold his one-third interest in the project to the Henry family, who own the Schlitterbahn chain and will now own a 67% interest in the local park, with the remainder continuing under the ownership of a group formed by Developer Paul Schexnailder. Estimated cost of the park at the beginning of construction was set at around $50 million, while park officials would not give a final figure for the cost of the park, sources place the number between $75 million and $100,000 million, depending on further changes in the design.
“We will concentrate first on getting park finished,” Henry said, “Our goal is to have the entire park ready to open by Memorial Day.”
But Henry said that while his goal is to have the entire park ready to open this summer, it will be actually be operated under a “brown out” system, in which portions will be opened to the public while others may remain closed.
“When we increased the size of the park,” Henry said, “it now will take 8000 people to fill it up and there is not enough time to do the advertising and planning for that many people this summer, and there is not enough time to hire the staff.”
Checks began going out this week to contractors who were owed back fees, and hiring for the project has now begun.
“We have about 1000 yards of concrete left to pour,” Henry said. “In spite of how it may look we don’t really have that much left to do.”
He said the first priorities will be the Downhill River, an 8000-linear foot waterway that will convey park visitors from one ride to the next, along with the Flow Rider feature which produces a standing wave. He said work on the 90-room hotel at the site will have to wait, however the exterior of the building is expected to be finished by the end of September to meet the deadlines set for $117 million in tax incentives from the City of Corpus Christi.
“We can’t there this summer on the hotel,” he said. “We will have the first floor and possibly the second floor open this summer.”
The fourth floor of the building has been redesigned to include a music venue large enough for about one thousand people.
As a side note, the machinations of building the park and the re-financing have all been captured on camera by the Travel Channel which has scheduled a special on Henry and the project for July 1.
“We still have some surprises in store,” Henry said. “But we are back on track and back to work. When we are finished this is going to be a great park.”
Jeff Henry, Schlitterbahn Owner
City Council unanimously agreed Tuesday to grant a six-month extension to Schlitterbahn, allowing them to continue to qualify for millions of dollars in tax rebates. The extension to Sept. 30 means some $117 million in rebates will go back to developers as long as the park is finished by that time. At last word, developers hope to open the park by summer, after a year of delays due to an unplanned expansion of the facility on their 550-acre plot of land on Padre Island plus Partnership challenges they are set to move forward!
Coastline Properties knows that great things come to those that are patient, things don’t always go as planned and masterpieces take time. We can’t wait to see you all poolside this summer. Have a beautiful Week!
~ The Team at Coastline Properties!
Schlitterbahn will look to get their extension for the tax incentive package by Tuesday 2/3 evening, but things look very good for an Opening in May just as summer starts to roll in. We are still so excited to see it in full operation!
Happy New Year Padre Islanders!! We are excited about 2015 at Coastline Properties and what’s in store for our little piece of paradise. We read an article you will see printed “below” from Kris TV yesterday and felt it necessary to get you up to speed on what has been happening with the Schlitterbahn project. What I can and will tell you is that the headline is incredibly misleading and we do find it troubling that this is the 2nd media outlet in the past 60 days that has tried to negatively spin this project, and the funny thing is they are making themselves look like ridiculous in the process. Yes it is true things have not gone smoothly on this project but if you know anything about land development and real estate with 100 million dollar+ projects with multiple partners involved, there are always going to be bumps in the road. As the saying goes, “Rome wasn’t built in a day” This project is not a race, its more like a marathon. When Schlitterbahn fully opens there doors people will have long forgotten about this lull in time. I find it often troubling how media outlets intentionally create headlines to prey on the human emotion of fear, just to generate an audience so they can continue to sell their advertisers on inflated viewership data by creating fear based content to draw in unsuspecting people.
In Contrast I have also taken the liberty to post a second article from of our Most Informed Padre Island Journalist “Dale Rankin, Owner of the Island Moon” This article was printed just a few weeks ago that has a much more detailed and accurate depiction of the speed bumps in schlitterville project. The first thing you will notice is a headline that is neutral, and his article clearly spells out many details to help people understand what’s happening. The reason that Dale Rankin is so well liked on our Island is because he always does his best to keep us all informed with a non biased point of view, and if he does insert his personal point of view he does let us know the difference between it and the actual facts of the content. Thanks Dale for your tireless work in bringing us the Island News every week! ~Coastline Properties
Before You Read the Articles Below WATCH THIS VIDEO to see the Progress so far!
KRIS TV ARTICLE – Jan 6, 2015
“Schlitterbahn in Financial Trouble”
CORPUS CHRISTI – KRIS 6 News has learned that Schlitterbahn is in financial trouble.
The official opening of the park on Padre Island has already been delayed, and now, the company owes over half a million dollars to multiple vendors who’ve worked on the upcoming water park.
At least six different vendors have filed liens against the company for more than $137,000, and one contractor, Texas Descon, has filed a lawsuit against the company and its owners, saying that it’s owed nearly $700,000.
We spoke to partial owner Jeff Henry on the phone today. He told us this problem started when the scope of the project doubled in size.
When that happened, the money ran out, and when the money ran out, he and the other owners debated for months over how to proceed with additional funding.
The delay led to vendors not getting paid, but now, Henry says they’ve solved the funding issue, and says all of the vendors should get paid within ten days.
“We’re trying very hard to get a positive spin back on this project, to get it moving and get it finished, so we can open it and kids can start having fun, and the older kids can start having jobs. We’re just sorry that we had these problems and we’ll try not to ever have them again,” Henry says.
Henry says the increase in project size does mean there’ll be two to three times more jobs available once construction is complete.
The company plans to officially open the park this summer
Island Moon Article – Dale Rankin
What’s Going on at Schlitterbahn – Dec. 24th, 2014
As I have made the rounds of Island holiday parties this Christmas season the most common question I have heard is what you see printed above:
“What’s going on at Schlitterbahn? I have refrained from writing about it because I have been awaiting the resolution of events going on behind the scenes that I know will sooner or later gel straightened out and my intent was to wait until that happens to say anything. But as time has gone by the stories have gotten wilder and wilder. “I hear they have gone broke and are going to declare bankruptcy.” Or, “I hear the ﬁnancing fell through.” Or the best one “I heard the city has condemned the building and it is going to have to be tom down.” It was that last one that made me decide that waiting any longer was not a good idea. So let me begin by addressing those three questions/assertions; No, No, and No.
Here ’s what’s happening
Here is what I have learned by talking to the people involved in the deal. I will leave them nameless here because they have not consented to be quoted. but the information is ﬁrst hand. Here’s what I know. The project has not gone broke and ﬁnancing did not “fall through.” What has happened is that the project has grown by almost twice since construction began and that requires more money. How to handle that has caused stress among the partners and they are in the process of reorganizing themselves. Some of the partners may opt to be bought out by other partners, or they may not. It is unknown at this point which partners will stay in and which may opt out.
But what is known is that the partners, if they so choose, can write a check to ﬁnish the project. lt’s pretty hard to “go bankrupt” under those conditions. It will get worked out in due course. So far about $49 million has been spent on the project and from what I’m told it is believed it will cost around $69 million to ﬁnish. The language in the tax incentives from the city – primarily Sales Tax and Hotel Occupancy Tax which are in the neighborhood of $122 million and which are a crucial part of the park’s business model – requires that the exterior of the building and the park be “done” by next March. In that vein you may have noticed work has resumed on the rides at the south end of the park and also on the exterior of the building. More workers have been added of late and more, l’m told, will be added after the ﬁrst of the year. So far the City of Corpus Christi has declined to release about $3 million money from the Type A Board requiring that the building’s exterior be ﬁnished ﬁrst even though that was originally part of Phase ll of the project, to avoid a political backlash for releasing public money for a project with an unﬁnished building. It’s a glitch not a deal killer and it too will be resolved in due course.
I am in communication with the people involved in the project and they assure me they will inform me when the current questions are resolved. I would point out that this is a privately- funded project – with no public money in it yet – and the developers are not required to release anything to the public even when it is. That has been part of my reluctance to write about the mid-course adjustments going on now. But as we all know the Coconut Telegraph on The Island is quick to report and is almost always wrong. So in the absence of good information bad information has ﬁlled the vacuum. Rest assured that if the project ever looks like it is in trouble I will be the ﬁrst to say so; it is not. I know that the folks who read the legal ﬁlings have found a lawsuit from a contractor who claims he is owed about $660,000. There is a dispute there but it has nothing to do with the park’s developers not being able to pay. It too will be resolved in course. Which leads to the ﬁnal rumor making the rounds — that the building has been condemned and must be tom down. I have to admit that one is pretty creative. Stupid yes. but creative. I have been inside the building many times and can tell you that when people see it they will be impressed. It is ﬁnished throughout with wood taken from the trees that burned in the ﬁre in Bastrop a few years ago and it is a beautiful building. If they start tearing it down l‘ll let you know.
Everybody take a deep breath
So just let me say this. Everybody just take a deep breath. Don’t believe any crazy rumors. I can’t tell you exactly when the last bit of work will be ﬁnished there; projects this big take a while to get completely done and are complex by nature, some bumps in the road are to be expected. ‘There is still a lot of concrete to he poured but there is time and money to do it and it will get done. Expect the park to be open by Spring Break 2015 and for some work to continue on through the summer season while the park is open. The people behind this project know what they are doing and it will get done.
One ugly fence
Now, as for that fence along the Aquarius Extension: I have to agree with you that is one ugly fence. But I would just point out that the same people who are calling to complain about the ugly fence are the same ones who called to complain about the “junkyard” they saw before the fence went up. You can’t make an omelet without breaking a few eggs. This too will be ﬁxed in due course. If having to look at an ugly fence is the worst thing that happens to you today you should thank your lucky stars. Once the park opens all of this will he forgotten.
WHY USE A LOCAL REALTOR?
This question probably prods every seller at one point or another…it’s your property, aren’t you the best suited to sell it? Perhaps. Then again, let me explain why maybe not. As a buyer, it’s just as critical to use a local Realtor. It comes down to the three Ts: Tools, Training, Transaction-Related Matters.
Real estate agents have tools, and they don’t come in a box or on a belt. One of these tools is the Multiple Listing Service (MLS). This is a system paid for by agents to showcase listings to all other agents. It also allows us to see and search every other property for sale, along with what’s closed, what’s under contract, etc…always in real time. Because the MLS dates back decades, it is trend and individual property history at our fingertips. It gives agents the unique ability to create a comparative market analysis on your property with the knowledge we have from recent closures. As a tight-knit community, we have a network of other agents and a network of title company experts who keep us up-to-date on changes to contracts and changes to the law. We are vested in the community where we live and work, and where you want to live or sell. We are familiar with the local market, building guidelines, and numerous specifications that our seaside area requires.
OK, it sounds like we’re running a marathon, but seriously, sometimes a real estate transaction feels like one! Real Estate Agents went to a school focused specifically on real estate and can help you navigate the (sometimes rough) terrain. Both a national and a state required exam must be passed to become licensed. Pricing, contract paperwork, real estate finance and law, these are all areas we’re proficient in and experts at. Likewise, we’re required to continue our education with a certain number of hours each year to ensure we stay informed and updated on the ever-changing regulations occurring in this industry. Also, not all real estate licensees are the same; only those who are members of the National Association of Realtors are properly called REALTORS and can proudly display that trademark on marketing and sales literature.
This comes down to the meat and potatoes of it all, concerning the contract itself, to the negotiations, to possible repair work, to closing details, and every possible scenario in between. It also heavily involves our Code of Ethics – for over 100 years, this code ensures agents treat their clients professionally and ethically. These ethics are strictly enforced, and you know you will be working with a true professional who focuses on your needs and wants. Your agent is accountable for fulfilling their full “fiduciary responsibilities” to you (has your best interest in mind from finances to full disclosure to confidentiality). Realtors are committed to treat all parties in a transaction honestly. An independent survey reported that 84% of home buyers would use the same Realtor again.
The best agent I know once told me, “You’ve done your job if you’ve made it look easy.” So I invite you to relax…have a lemonade…allow us to make the process appear as seamless as possible.