Community
www.SanTanSun.com
July 1-14, 2017
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July 1-14, 2017 www.SanTanSun.com
Mayor optimistic about downtown development efforts BY ARMAN SIDHU
Perhaps no one understands the difficulties of redeveloping a downtown better than Mayor Jay Tibshraeny. In his tenure as both mayor and as a former city councilman, Tibshraeny has long held onto a vision for revitalizing Downtown Chandler. During his State of Downtown address at the Downtown Chandler Community Partnership annual meeting on June 15 at the Crowne Plaza San Marcos Golf Resort, Tibshraeny addressed a consortium of representatives from the local business and nonprofit community. In his speech, the mayor acknowledged that while the process of revitalizing downtown has taken longer than expected, the current momentum remains strong. “Having grown up in Chandler, I have seen this area undergo many changes,” Tibshraeny said. “Most have been good – some not. We’ve overcome many challenges through the years and are now in a period of remarkable rebirth.” “It’s very exciting for me to see the transformation,” he added.
(Photos by Arman Sidhu)
Chandler Mayor Jay Tibshraeny gives his State of Downtown address at the Downtown Chandler Community Partnership annual meeting on June 15.
In the last two years, downtown Chandler has seen an expansion in housing, with projects such as the Alta
Steelyard Lofts, and in the retail and restaurant spaces. “What we have always wanted to
achieve in downtown is a well-balanced place that embraces many uses,” Tibshraeny said. “From multi-family, office, entertainment and retail to arts and culture, we want a true urban environment that’s energized 24 hours a day, seven days a week.” In his address, Tibshraeny thanked his fellow council members “for sticking to a unified vision for our city core.” In February, the council approved Overstreet, a $25 million project that will build out 77,000 square feet of space on the southwest corner of Arizona Avenue and Chandler Boulevard. The project brings the city one step closer to the realization of its “Live, Work, Play” vision for Downtown Chandler. The Overstreet project comes as a relief for the city after prior efforts to establish an entertainment-oriented development faltered at the same location over two years ago. The development was intended to bring Alamo Drafthouse Cinema and provide see
DOWNTOWN page 4
Chandler man illegally sold securities, owes more than $1.5 million, officials say BY WAYNE SCHUTSKY
(Photo by Earnest Robinson)
A teacher at Chandler Traditional Academy - Independence Campus works with students in a classroom. The Chandler Unified School District is asking voters to renew an override, which goes to teachers’ pay and benefits while it also helps keep the average class size to just under 24 students per teacher.
Tempe Union, Kyrene, Chandler to ask voters for financial help BY PAUL MARYNIAK AND COLLEEN SPARKS
The school districts that serve Tempe and Chandler will ask voters this fall for financial help by continuing budget overrides in the face of what officials and some citizens call the state Legislature’s continuing refusal to adequately fund public education in Arizona – particularly adequate teacher pay. Tempe Union High School District’s governing board on June 7 approved a ballot question for a 15 percent
operations and maintenance budget override by a 4-1 vote, with Brandon Schmoll voting against it. Kyrene’s governing board unanimously approved three ballot questions – two allowing continuation of 15 percent operating and 10 percent capital budget overrides and a third authorizing the district to borrow up to $116,750,000 in see
FINANCIAL HELP page 4
SELL YOUR HOME
A Chandler resident is on the hook for nearly $1.5 million in restitution and $50,000 in penalties after the Arizona Corporation Commission found he illegally sold securities in a beverage company and failed to pay back investors. The commission found that Lucio George Martinez of Chandler and Samuel A. Jones sold $2.14 million in unregistered securities in their company Shadow Beverages and Snacks. Neither individual was registered as a securities dealer or salesman, a violation of Arizona statutes. Shadow Beverages and Snacks also failed in at least four cases to determine whether investors’ net worth or income would qualify them as accredited investors. In order to be considered an accredited investor, the SEC requires an individual to have a net worth of at least $1 million or earn $200,000 annually. The Arizona Corporation Commission found that the company solicited a total of 16 promissory notes and one investment contract and also failed to repay investors when those investments came due. The company eventually paid a total of
$552,500 to repay five of those investments. The company ceased operations in 2015 and currently is in Chapter 7 bankruptcy. In a previous decision, the ACC ordered Jones to pay $95,000 in restitution and a $15,000 administrative penalty. He has since done so. The responsibility for the bulk of the restitution falls to Martinez, whom the commission ordered to pay $1,492,500 in restitution along with a $50,000 administrative penalty. If Martinez fails to satisfy those obligations, they will go to the Attorney General’s Office, acting as a collections agency, said Wendy Coy, director of enforcement in Arizona Corporation Commission’s Securities Division. The agency began investigating the company after receiving investor complaints, Coy said. Martinez denied a request to comment on the decision, though internal ACC documents do offer a glimpse into his side of the story. see
F E AT U R E STO R I E S Che Bella Villas gated community selling quickly . . . . . . . . . . . . Advice on how to avoid heat stroke . . . . . . . . . . . . . . . . . . . . . . Local schools holding back-to-school events . . . . . . . . . . . . . Parents can model good Fourth of July behavior . . . . . . . . . . . Chandler High grad attempting to conquer dance world . . . .
Page 12 business . . . . . . . . . Page 25 youth . . . . . . . . . . . . Page 31 neighbors . . . . . . . . Page 51 arts . . . . . . . . . . . Page 56 community . . . . . .
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