Scheme Exposed in Windcrest

 A new Windcrest Scheme has just surfaced.  This is the agenda item for Closed Session:

1 City Council will convene into a closed session as authorized by the Section 551 07 of the Texas Government Code to consult with the City Attorney concerning settlement of the portion of the pending lawsuit between the City and Michael White and his related entities and concerning settlement of contemplated litigation over approximately 111 acres of land owned by the City and the Windcrest Economic Development Corporation 


The agenda only refers to the 111 acres, the newly annexed property surrounding Rackspace.  Nothing new there.  But the resolution council passed for this agenda item also Included another 180 acres, located in San Antonio, which included the Target Tract on Walzem AND the property were WalMart now sits.  Plus the vacant property along Walzem Rd at Eisenhouer Rd and around the nursing facility on Eisenhouer Rd.  These properties are referred to as the 180 acre tract.  The settlement agreement has this entry:

"City and the City EDC hereby covenant and agree to immediately take all reasonable actions necessary to prove clear good and marketable title in the City EDC in and to the 180 Acre Tract and the Target Tract and the validity of the liens and deed-in-lieu of foreclosure held by Buddin on the 180 Acre Tract and the Target Tract for the purpose of enabling Buddin and other White Parties and their Affiliates to commercialize these properties.."

  The settlement included $250,000 payment to EDC.  The audits do not show the addition of any $250,000, nor do the City audits.  Where did the $250,000 go?

 Why did the Agenda hide this piece of information?  Very slick indeed.  The settlement agreement clearly refers to the "180 Acres", but the Windcrest Mayor, Attorney and City Council hid that fact by having the agenda item refer to the 111 acre tract.  Why?  

 This information came to light in Sept 2018 when Sue Alexander, WEDC president (and the Water District board President) tried to justify signing a deed transfer, transferring a parcel of WEDC property to IWanta Oil.   

 You may recall this occurred at the same time as the Windcrest Finance Director's email arrived at EDC asking for repayment of a $145,000 loan.  Sue Alexander, EDC president and the rest of the board denied any knowledge of any $145,000 dollar loan. Is there a connection between this $145,000 and the $250,000?

 The same Sue Alexander was sitting on the WEDC board and voted for the resolution concerning the Settlement Agreement.  Yet she flatly stated this all occurred before her time.  Not true, you can watch the video and see her vote for the settlement agreement, although the $250,000 or 180 acres were not mentioned in the resolution.  

 Now the Scheme has been exposed.  Enough said,  Sue Alexander is running for Re-Election on the Water Board.  I see a trust issue here do you?

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