Submitted by LegalEagle
Let us strip away the politics and emotion from this transaction, instead we must focus and discuss the facts.
David I have been following the Savvy issue from its onset. I have read the documents supplied by Ms Sarah Taylor, which in my view need to be discussed in simple terms and without prejudice. The public needs to understand the facts of the issue and dismiss red herrings that may be floated by parties.
First let us start with what was bought by Mr Kinch for the $4 million Barbados dollars. Listed below are the lot sizes taken from the conveyances provided by Ms Taylor (1 sq m equals m2)
Lot A 4873.9 m2
Lot B 5254.9 m2
Lot C 1749.2 m2
Total 11878 m2
Keep in mind 1 sq m (m2) is 10.764 sq feet therefore the total area made up by the 3 lots translates to 127,854.79 sq feet. Hence with a purchase price of BBD$4 million, Mr Kinch was paid $31.28 a square foot plus legal fees. Those are the facts and I have attached the 3 signature pages of the signed conveyances to confirm the numbers. These were based on the surveys done by Mr. Ken Ward and accepted by the board of Barbados Tourism Investment Inc (BTII) to which the directors in seat signed off.
For those not familiar with conveyances for land, these would also include the buildings on the said lots. As a result the BBD$4 million included the eye hospital and the building south of it. These buildings would have a floor area of around 410 square meters, so even if you valued them at $250 a sq ft, below would be the building value.
Building 410 sq meters to sq ft = 4413.24 sq ft x $250.00 a sq ft would give the buildings a value of $1,103,310.00 approximately.
In summary Mr Kinch paid $4 million for 127,854.79 sq ft of beach front land which breaks down to $31.28 a square foot, while getting buildings worth approximately $1,103,310.00.
Is there a good argument for deal above to be the basis of any future purchases by the state, bearing in mind what was paid by the buyer? Added to this must be additional cost to Mr Kinch, for example interest bank cost an other expenses borne for the period of ownership. Cost however for amounts spent by him to develop the area being acquired cannot be billed to the state, as these would have been done without planning approval and hence would be deemed as illegal development by the state not fit for purchase.
Let us strip away the politics and emotion from this transaction, instead we must focus and discuss the facts. Ms Taylor has supplied a considerable amount of information that needs to be broken down and discussed sensibly.
@Legaleagle
Yet Taylor is stating they should be paid more than $100/ square foot for the lands ?
He wants triple his money in under five years???
Here is the question.
Have you ever heard of people buying items at a good price a low price and reselling theta a higher price that is market value?
Like a massive sale is on and people go and buy at the lower and resell at the higher? Is that wrong?
Mr Kinch did not intend to do so. He planed to develop the site. It is only now because of being victimised by the government that he has interest in selling. Truthfully he has been given NO choice.
Also factor in that BTII was going to sell it for over a million less. A board member told us they wanted to sell it to the lowest bidder…. remember it was a bidding process so things can sell for much less than they are worth. The board member said it had to sell to the highest bidder and they requested a million more on a BTII later head with official correspondence and Mr Kinch agreed.
What BTII should have done was to Survey the land and set a price as what they would not accept under but as normal Government plays fast and loose with the publics possessions.
Perhaps if the government and it’s agencies would be accountable and honest about their mistakes instead of coming out acting in a neanderthal way wanting to clobber Mr Kinch more could be achieved in the interest of the public.
At this stage in those 5 years Mr Kinch has had to endure being falsely publicly defamed by a Minister of Parliament. Had is property destroyed and forced into a public battle over land he legally bought from the government with their knowledge and support for development.
I have been cursed upside down and spoken to in a deplorable way by a government minster at a government offices where a security guard had to chastise the minister and ask him to stop…. guess what it is on video and I have it if ever needed.
I can not express the level of stress and turmoil it has caused to our lives so if you want to justify the cost…. It’s justified just by the land value but if you want to add the cost of the abuse and trauma caused it would be A LOT higher perhaps immeasurable…… All because the government can’t be accountable for their OWN mistakes.
@ David
Well based on the article sent to you by an attorney we now at least know the true cost of the land bought by kinch. If the vendors are pushing for settlement then there is a benchmark at which discussions can start.
I really dont mind who ends up with it but not at $31.28 a square foot that is madness! I see the DLP making noise saying it is kinch’s land, but they should be ashamed to open their mouth on this. After all it is your party that gave it away to begin with!
@John A
What rule of thumb do you suggest for Bigworks to determine final price? Should Miss Ram’s transaction be used as a reasonable price point?
There is a sad reality how these kinds of transactions are completed. A little bobbol with the inevitable politics always has to be in the mix.
Did you know they wanted to sell it for less and its quite amusing to know to who they wanted to sell it and to who they were renting out to for free, and to who they now appear to be trying to get it back for.
@John A… “After all it is your party that gave it away to begin with”!
Said tongue in cheek, I hope. Gave it away? Some gifts come with perks.
@ David
I think the issue with Mrs Ram’s sale is different to this. The land bought from Mrs Ram was privately owned land she held for decades and it was hers to sell at a price she thought fair. The government in this case was buying land from a private citizen.
In the the savvy case we now know what kinch paid for the land he bought from government under questionable conditions, so the buy back can not be viewed the same was as the Ram sale.
You looking here at paying kinch back his cost and carrying expenses for the period of ownership and thats it. If that formula is used he really would be owed no more than around $46 a sq ft. It really depends on what road the AG goes. He does not have a case though for asking $100 sq ft and that is for sure now.
@ David
Based on what the attorney outlined in the article it seems like BTII may have agreed on a price BEFORE the final survey was done. If that occured that was a major point of question and one would have to ask why? How could you sell a piece of land and not know what size the lots were and why would you do it?
The surveyor it seems then came up with his measurements and they were used in the conveyance which clearly occured after the BTII letter went out to kinch accepting his offer.
Nothing about this transaction was normal and it has all now come to light.
100% Correct John A BTII was irresponsible, their lawyers….. and now they want Mr Kinch to pay for their mistakes.
A board member alerted us that the Board wanted to sell it to a lower bidder by over a million lower so it is worse that why the public knows yet there is NO call for accountability of BTII just bullying of Mr Kinch.
@ fear play
Well I dont know what happened but the facts now dont mesh with the stories we were given earlier by some.
This whole saga is indicative of how BLACK people have been taken advantage of for years. Based on the figures just posted, not only does Kinch want to get away with having “obtained” the Land (NOT THE bEACH) at an inordinately LOW price, but he wants to be paid over 100 times the value now, and wants to have added on, the Beach land; on which Vendors are now paying rents for; the Beach Land wqas NEVER INCLUDED IN THE PURCHASE, and there is No accounting to BRA for the rents paid. There was NO Town Panning approval for the change of USE, and additional construction, no recompense for the destruction of a National Trust Designated Building of Historic interest and so on. As I said there MUSY BE a Public inquiry, and a Judicial discussion and decision as to the future use of these properties…not including the Beach that MUST NEVER BE SOLD TO SUCH COMMERCIAL USES.
Wait remind me again who was it that sold the land?
As said earlier: “Nothing about this transaction was normal and it has all now come to light.’
IT WON’T ALL COME TO LIGHT UNTIL THERE IS A FULL INQUIRY AND JUDICIAL DECISION…GOING RIGHT THROUGH THE ENTIRE LEGAL PROCESS.
When has a full inquiry sponsored by government into any public matter resulted in satisfactory disclosures?
@John A
You are now getting to the meat of this matter.
You are assuming though, it is a given he owns the property as is stated in the conveyance.
The planting of Coconut trees was an attempt by Kinch to see if he could ‘sure up’ his area.
That failed miserably.
He uses small businesses to garner sympathy, that didn’t work either as the Boss lady has said they can stay
Sarah Taylor speaks about beautifying the place , but back pedaled because she admitted they had NO permission.
We are still waiting on her new revelations and the lot, lot more she can say
You are 100% correct, nothing about this transaction was done correctly and it has now come to light.
@Conflicted
Previous and current governments have served to complicate this issue for the public. Now we have this exposé which serves to widen public trust in government. This matter has dragged on too long. Prime Minister needs to tear herself from her international itinerary and close the issue in as much as she has control. Let Kinch go to court if he see that as a viable option.
The planting of Coconut trees was an attempt by Kinch to see if he could ‘sure up’ his area.
That failed miserably.
He uses small businesses to garner sympathy, that didn’t work either as the Boss lady has said they can stay
Be careful making false accusations about people. You may find yourself one day having people make false accusations about you.
God and God alone can truly judge and know our actions and their reasons and you are most wrong in your falsely stated assumptions.
Re the coconut trees they were for shade and to create a nice environment for beach goers and my customers who use the beach.
Re the food trucks entrepreneurs I know my heart towards them as one who has walked the path the entrepreneurship and enabled others around me to do the same so your false judgements of my intentions to them fall to the ground. Every cent I have spent making the area better for them to ensue they get business, it was NOT for my return.
Every bruise that I have gotten was because I wanted to make it better for them, for the community and all who visit. I am grateful for the kindness and respect shown to me by many who have seen me working hard to achieve this.
@David
I believe the PM is smart to not speak too soon.
Each day more is revealed. When she speaks no one will have any comebacks.
Kinch appears to be comfortable in a courtroom and it would not be the first time in a courtroom pertaining to this matter but word on the street suggests if he does take this to court it will be with his new Attorney
You are 100% correct, nothing about this transaction was done correctly and it has now come to light.
~~~~~~~~~~~~~~~~~~~~~
Surely this is an inditement of Government and their inept agencies MUCH more so than it is of a typical white Bajan looking for handouts…
This kind of largesse handed out to certain groups is more than par for the course bout here….
…it is what made COW, Simpson, Bizzy, Sagicor, and practically every other such ‘businessman’ bout here – perhaps with the exception of the few true professionals among them.
This WHOLE shiite place is in need of a bush bath…. starting at the VERY top.
@ David
It would not pay kinch to take this to court as he clearly now has only paid $31.28 a sq ft. The court will take that apply a factor for his 5 year ownership and say that is the price. He needs to settle this with the AG outside of court and use moral suasion. Pick you battles carefully in other words.
As i said this is not a case like Mrs Ram who owned the land for decades and paid taxes on it for all that time.
@John A
It is not Kinch’s fault the buildings were included on the plot, one property guarded by national trust designation. There is some grey with this transaction to negotiate away. There is a reasonableness to Kinch’s attempt at easement.
@John A
You speak as what a sensible person would speak.
But at this stage the only option for Kinch is to threaten a suit and hope he finds a sympathetic ear in the Courts.
You heard the saying ‘wrong and strong’??
Everyday, Sir. Grantley Adams’ words ring true: bajans have short memories We recall the Barak building fiasco. The dubious affair went to arbitration and the then government refused to honour the settlement. The next government was then made to pay several times more. To this very day ,taxpayers are paying $10 000 000 per year rent for that building. We are now hearing it has several design flaws and so on.
Then we recall Greenland. Simple advice was ignored ; Grennland turned out to be a multi-million dollar blunder.
Most recently we the taxpayers had to bail out CLICO and to this day there has been no clear understanding of what or how that will eventually be resolved in the taxpayers interest.
Not one Minister has ever been put in the well of Parliament and asked to give an account of blatant squandemania.
We can pretend and cherry pick as much as our political hearts desire but these two political parties have knowingly and collectively squandered millions upon millions of taxpayers money and other resources.
Ansswer/Solution : blame the public servants.
WS
You may add CBL? And given the Board, save the Secretary (King) were all senior public employees, affix similar blame. All and sundry were bailed out.
100% truth and this pains me because I do NOT want this to happen in this case.
The Public should not be meant to pay out millions more because of governments mistakes and lack of accountability.
@ David
Normally in the real world this is what should of happened.
The survey would of been done BEFORE the offer was accepted and not years after. A valuator would then of taken the survey and fixed a price on the square footage then added to that the value of the buildings on it.
No where have I ever heard where an offer is accepted without the seller knowing exactly what he is selling. Then the seller leaves it up to the buyer’s surveyor to decide what are the land areas. Remember Ward has worked for kinch for decades but only for BTII once apparently.
@John A
Curious to know if Stuart Layne is still active? Was Cummins the Chief Town Planner when this deal was done?
@ David
Well we cant blame Cummins because remember he would of only acted on the information supplied. Once BTII agreed on these surveys the only thing TCP would be concerned with really, would of been the high water mark and such issues.
This all falls between BTII and kinch and their parties involved. There is no other scapegoat here that can take the fall.
I find myself at odds with some of the thinking here.
Let me exaggerate a little so as to drive my point home
If I own a piece of land that I bought at $31.00/ sq ft can I not ask ‘potential buyers’ $1M /sq ft? It might be a crazy number, bur I may find a crazy buyer.
This request could be the backend of a scam – the big payoff.
The main problem here is that we are trying to fit a normal outcome to what was possibly a fraudulent/scam/corrupt scheme. With the vaccine scam, we were spared this discussion of the cost to the purchase the vaccine as that scheme fell apart in the very beginning.
The greatest danger to Barbados is not the crooked politician police or lawyers, but it is common citizens who are watching a crooked fight and want to apply the Marquess of Queensberry rules. Evil thrives on the silence and complicit agreement of “good men”
Brilliant analysis by de big O!!
Many of the general comments reflect a mentality that is in sync with the clearly crooked key players in this, and the many other similar Government schemes.
La da di la da, la da li la da.
@ Theo
Exactly. Well said and that is why i said you cant compare this to the Ram sale. This is a totally different animal where land was bought from government way under market value, owned for 5 years and now being bought back by government. The seller is entitled to the $31.28 a sq ft plus the cost he carried for the 5 years of ownership. He also is entitled to nothing on the improvements either as they were not approved by TCP.
In the meantime he is collecting rent from roughly 10 food trucks at I dont know, maybe $1400 a month or there abouts, if we base it on what others are paying elsewhere.
@ Legaleagle
What does the accretion issue have to do with this sale. Or how does it impact the significant difference in the land size allegedly purchased by Kinch and sold by BTII ?
In one or some of the documents supplied I am seeing it mentioned.
The value of land, in this case waterfront land, is based upon linear frontage to the water body, usable land area and zoning [or permitted usage(s)].
Existing structures, unless in occupable repair, are of no value, esp where the structure is protected, in this case for historical relevance.
The battle herein, lies less with the sq.ft measurements than the permitted usage(s).
I also ‘believe’ that post tender Kinch was requested by BTII to pay an extra million, which ‘maybe’ related to difference in land measurements.
The tender requested both a monetary bid AND a development proposal. Therein lies an implied (if not specific) land usage.
I suspect this is where the legal doctrine of “specific performance” enters the picture, to protect the ‘expectation value caused by the development proposal’.
In other words (I think), allowing the prior seller to reacquire the land at prior selling price + expenses. And without incurring damages.
This is where I previously suggested any buyback of the land must be accompanied by a covenant excluding development of any kind for 35 years. This to preclude any GoB from ‘changing their opinion on land usage’ of the lots in question, without compensating Kinch.
Kinch gets what he paid + expenses (legal and carrying costs) and a beneficial covenant.
Kinch was asked for $1million more. That means his offer was $3million plus $1million in addition to totaling $4million as per conveyance.
A steal at best !
$31.28/ sq ft for Beachfront lands anywhere is a crime
A “steal”?
Only if one can construct something which will yield higher returns.
As a car park? The $4M is expensive. Unless you choose to hold the land and ‘hope’ use can change.
Since I think the same CEO at BTII is still there, any concerns over price should be directed to him?
If you have been following Trump’s New York case unfold you would have seen that the judge used a figure of $18 million to value Mar A Lago in determining whether Trump committed fraud. He made that ruling before hearing anything, just based on written submissions.
However simply googling the value we see as the Judge can see that Forbes has this to say.
Big Number. $325 million. That’s how much Forbes estimated Mar-A-Lago is worth as of September, though we peg its net value at $292 million after deducting roughly $33 million in debt, according to its financial history and information from real estate experts.3 days ago
The judge is out bigly and by a factor of 200.
The judge is not in the Commercial section and does not deal with commercial law.
What he did was to value it as residential and ends up looking like an idiot.
Valuers in Palm Beach are perplexed by the judge’s valuation.
https://nypost.com/2023/09/27/donald-trumps-mar-a-lago-worth-at-least-300m-sources/
Trump values it at $1.5 billion to embarrass the judge who is out of his depth on commercial valuations.
The same principle operates here.
The GOB sold a derelict building and some beach land at $31.28 per square foot with no commercial undertaking on it.
Mr. Kinch obviously had a business plan and is now well into (almost 10 years) the development of his commercial enterprise on the formerly derelict building and some beach lands.
The GOB wants to take back the property, but its worth has clearly appreciated, perhaps significantly.
It has to pay for two things now, one of which is the commercial use of the property of which it seeks to deprive Mr. Kinch.
The constitution is quite explicit: It provides Mr. Kinch with protection for the privacy of his home and other property and from deprivation of property without compensation;
Property is not only measured in square feet.
What is the value of his commercial undertaking?
My friend, the judge did not make an independent valuation of Trump’s property. Two things. (1) How is Trump relevant to Savvy? (2) Why do you attempt to distract from the substantive topic to focus on some irrelevant shiite about Trump?
@ Conflicted
Yes the word accretion has come up on this issue and plays a significant role in these conveyances.
So simply put accretion is a natural phenomenon wherein sand builds up on a specific beach or area over a period of time. In other words the width of the beach increases, hence creating a larger area of sand between the water and existing properties. One would hear for example that beach A had an accretion factor of 30% between 1990 and 1999, meaning the properties on that beach would all have gained a wider beach by roughly 30% over the period. It also as a result increases the distance between the properties on the said beach and the high water mark.
I think at least that is what is meant here in this case. The family has a small piece of beach land in the north and that is what was explained to me by a family member who deals with these issues.
Thing is though that I would like someone to explain is who determines the high water mark? So if you have bad weather and the sea comes way up does that become the high water mark?
The Government Surveyor determines it as was done in this case in the presence of the Coastal unit and someone from Housing.
The judge who is not in the commercial division and does not deal with commercial law used a residential valuation which is used for tax assessments.
The same shit exists here.
It isn’t only that sea level has fallen and the lands are now bigger, it is that Mr. Kinch has a commercial activity as well and its value needs to be considered as well.
The value is now made up of 3 components the biggest of which is not related to square feet.
If you think this is crap, check this one!!
NEW SCHOOLS
GOV’T TO ACQUIRE LANDS AT OLD URSULINE CONVENT, CHELSTON PARK TO BUILD TWO EDUCATIONAL INSTITUTIONS
By Sheria Brathwaite
Government will be partnering with an international nonprofit organisation to build two new public secondary schools.
Prime Minister Mia Mottley announced on Thursday that her administration will be acquiring lands at Chelston Park where RBC Royal Bank (Barbados) is based in Collymore Rock, St Michael and the nearby Ursuline Convent School to establish the two learning institutions.
She was speaking at the launch of education transformation proposals at the Lloyd Erskine Sandiford Centre.
Although she did not disclose many details about the project, she said: “The partnerships will come with entities outside of Barbados as we have already established with XQ [Institute], who have agreed to build the two new secondary schools for us, once the government provides the land as we have already started to do. Purchasing the site of the old Ursuline Convent and purchasing the site at Chelston in order to build a school that is focused also on preparing students in the specialist areas of the blue/green economy, should that be the wish of Barbadians,” Mottley said.
She said the partnership will also come with a twinning of the Erdiston Teachers’ Training College with an Ivy League school “to be able to ensure that the capacity constraints of Erdiston and Barbados, with a declining population, do not undermine our ability to [reform education] . . . .”
XQ Institute is a non-profit organisation based in the United States that develops programmes to improve high school education. It was launched in 2015 and it aims to improve the learning experience of children.
With the aid of that entity, the two schools will be erected as part of the government’s education reform process.
Mottley said this was important in the development of Barbados as it was a significant step in the decolonisation process and getting rid of a class system that excluded the enfranchisement of all Barbadians.
She encouraged Barbadians to come out to the various public forums to discuss and share their thoughts on the proposals, acknowledging that some aspects of the plan were controversial.
“Eighty per cent of what you heard is not controversial.
There may be a few that will be controversial and that we need to discuss as a mature nation and a mature people,” the prime minister said.
She added that the reformation process would also seek to address a number of inequities in the education sector.
Mottley identified one of these as “the disparities between the pay of principals at the primary and secondary [level]”.
Noting that consultation on the proposed reforms was done with the Democratic Labour Party (DLP) and an offer was made for them to participate in the management of the new school system, she said the transition was not about politics but about the advancement of the future of Barbados.
“I thank the ministry also for consulting with the opposition . . . . I am ensuring that the offer to participate equally be made to the opposition in the management because a time will come when this country will have different governments and different people,” she said.
It isn’t Savvy’s true cost that is at issue, it is Savvy’s true value.
Square feet and high water mark are utterly irrelevant.
There’s something wrong with us black folks. We have an island that is barely 166 square miles. The old saying you cannot make land is not a literal truism. However, we all can understand the sentiment behind this phrase.
I struggle to understand how a group of people on such a tiny patch of land have consistently failed to manage and become competent custodians of their soil/land. Their ancestors toiled and shed blood for this land. Yet, many on the rock, have not save guarded their “patrimoine”. Their descendants have become docile, lazy and refused to take on the responsibilities of becoming the TRUE custodians of their father’s land. Respective governments have aided and abetted the whole sale looting and selling of the people’s land to foreigners and minority stakeholders. No decent black government should permit the sale of land, unless it is by leasehold.
Now we have another unsavoury dispute being played out by a foreigner and our morally compromised government. This case is endemic throughout our entire region. It is about land and who gets to own it and who can maximum returns.
Our minority friends get it and they are doing a fine job. Soon, very soon, you will not even be able to find a burial spot for future generations.
Under Barrow, we were always doomed to remain as third class citizens. The minority groups have always taken precedent over blacks.
https://www.timesofisrael.com/barbados-a-centuries-old-jewish-haven-for-relaxation-and-refuge/
@ John
I going to ask you one question and its a yes or no reply.
Do you think the $32 a square foot the government was paid represents a fair market value for beach front land and buildings at this stage of our economy ?
@John It was a bid it was the governments responsibility to act in the interest of the public.
When you go on the supermarket and get a good deal on something you want do you not take it?
affordable homes?
https://barbadostoday.bb/2023/10/06/trinidadian-developer-eyes-public-housing-partnership-with-barbados/
John A on October 6, 2023 at 4:09 PM said:
2 Votes
@ John
I going to ask you one question and its a yes or no reply.
Do you think the $32 a square foot the government was paid represents a fair market value for beach front land and buildings at this stage of our economy ?
+++++++++++++++++++++++++++++++
No.
So why do I say no?
A 2 acre beachfront property belonging to Kingsland reportedly sold for $12 million in 2007, reportedly resold 6 months later for $18 million and was then advertised for $25 million!!
That is after the court decided the entire 1,041 acres of Kingsland was worth $12 million!!
Shades of Judge Engoron and Trump in New York.
However, all 9 releases required for it to be sold without encumbrances were never given.
The title is defective.
The title schedules of all Kingsland’s lands were all changed by QC’s at the time and have the imprimatur of the “big guy”!!
The old solicitor who set up the company in 1958 according to standard usage advised all parties as follows: “All must sell or none can sell”!!
The Real Estate market is both discontinuous and riddled with absurdities depending on who you are.
So, in 2007, beachfront land, not even as prime as Savvy, was going for between $120 and $250 per square foot.
$32 per square foot is absurd, but absurd is ok once there is a willing buyer and a willing seller.
Land on the Highway as you approach Warrens from the Hothersall side, I have seen advertised for $80.00 per square foot a good few years ago.
I agree with you but where I differ is the seller here is government which is you and me along with 275,000 others. That is different to if 2 private people got together and arranged a sale.
Also in your experience when has a letter of acceptance been sent to a buyer before the survey is done? So the seller has agreed to a price and does not even know the size of the parcels he is selling?
Old people always said what start wrong does end wrong.
GOB is corrupt as hell.
What was paid for the beachfront property at Paradise also known as Four Seasons?
Somebody gone wid de deeds!!
I agree with you but where I differ is the seller here is government which is you and me along with 275,000 others.
++++++++++++++++++++++
Who tell you so?
The Jews and the Palestinians collectively know of the importance of safeguarding their lands. Whilst we in Barbados appear consumed with the price per square foot of selling land rather than understanding the value of land.
Barbados green monkeys are being exported out to China for meat and other developed countries for scientific experiments. Whilst the third class black monkeys may find themselves without land in the near future. Let’s hope that their future will be more prosperous in foreign territories. Just as it has been for Barbados minority groups.
David
This author should be banned !
“Whilst the third class BLACK MONKEYS may find themselves without land in the near future.”
~~~~~~~~~~~~~~~
Since a ‘passing reference’ was made to Jews and Israel, I believe the following article is appropriate for the above October 7, 2023 2:28 AM contribution.
INDEPENDENT
Samuel Osborne
Thursday 22 March 2018
“Israeli chief rabbi calls black people ‘monkeys’
Rabbi Yitzhak Yosef’s comments denounced as ‘racially charged’ and ‘utterly unacceptable’ by Anti-Defamation League. ”
One of Israel’s chief rabbis called black people “monkeys” during his weekly sermon.
Rabbi Yitzhak Yosef’s comments were denounced as ”racially charged” and “utterly unacceptable” by the Anti-Defamation League, a New York City-based organisation devoted to battling anti-Semitism and racism.
During his weekly sermon, the rabbi the used a DEROGATORY Hebrew term for a black person, before going on to call a black person a “monkey,” according to footage published by the Ynet news site.
~~~~~~~~~~~~~~
Here we have an individual, who ‘said’ he is of Barbadian descent and lives in England…… which is one of the world’s most RACIST countries.
On October 7, 2023 at 2:28 AM, he came to this forum to racially insult Black Barbadians, by calling them, “monkeys.”
That historic, heinous racist term relies on the most offensive of stereotypes that Black people synonymous with monkeys.
What a disgrace.
His comments will live forever in the annals of Barbados Underground.
What Mr Kinch Bought According to Conveyances Prepared by TAMMY L BRYAN Attorney-at-Law Of George Walton Payne & Co. The same Law Offices of the AG was as follows
Please look at the documents don’t just read hearsay. They are available for your own viewing at https://www.barbadosfairnessandtruth.com/post/document-relevant-to-purchase
THE SCHEDULE HEREINBEFORE REFERRED TO
ALL THAT land situate at Bay Street in the parish of Saint Michael in this Island formerly said to contain by admeasurement 2470.2 square metres but which was found by recent survey to have increased in area by accretion due to the recession of the sea to contain 4873.9 square metres or thereabouts Abutting and Bounding on a pavement which forms part of a public road known as Highway 7 on a public access 5 metres wide on the Sea and on other lands of the Barbados Tourism Investment Inc. or however else the same may abut and bound as shown and delineated on a plan certified on the 30th day of September, 2019 by Kenneth D. Ward, Land Surveyor.
THE SCHEDULE HEREINBEFORE REFERRED TO
ALL THAT certain piece or parcel of land situate at Bay Street in the parish of Saint Michael in this Island formerly said to containing by admeasurement 1260.2 square metres but found by recent survey to have increased in area by accretion due to recession of the sea to contain 1,749.2 square metres or thereabouts Abutting and Bounding on other lands of the Barbados Tourism Investment Inc. on the Sea on lands of Carlisle Investments Inc. and on a pavement which forms part of a public road known as Highway 7 or however else the same may abut and bound as shown and delineated on a plan certified on the 30th day of September, 2019 by Kenneth D. Ward, Land Surveyor.
THE SCHEDULE HEREINBEFORE REFERRED TO
ALL THAT land situate at Bay Street in the parish of Saint Michael in this Island formerly said to contain by admeasurement 1828.6 square metres but which was found by recent survey to have increased in area by accretion due to the recession of the sea and to contain 5254.9 square metres or thereabouts Abutting and Bounding on a public access 5 metres wide on the Sea on a public drain 1.4 metres wide and on a pavement which forms part of a public road known as Highway 7 or however else the same may abut and bound as shown and delineated on a plan certified on the 30th day of September, 2019 by Kenneth D. Ward, Land Surveyor together with the building thereon.
@Sarah
The is no ‘reading of hearsay’ as you mention.
The documents you provided several times are what has shown the proof that Kinch paid $31.28 per sq ft.
What is questionable is
1) acceptance of offer prior to confirmation of lot sizes
2) The measurements found by Kenneth Ward ( surveyor with a long working relationship with Kinch) which questionably benefit Kinch
3) the outrageous price per square foot Kinch and you say he is due
Do you know the agreement created by BTII lawyers had a clause they could have gotten out of the sale?
Do you know it said as follows
18(2) If owing to the default of the Vendor the transaction hereby contemplated is not completed on the said completion date, the Purchaser (being ready willing and able to complete the sale and purchase) shall be entitled at any time thereafter to give the Vendor twenty-eight (28) days’ notice in writing requiring the Vendor to Complete the transaction at or before the expiration of such notice (in respect of which time shall be of the essence) and if the Vendor shall fail to complete this Agreement within such period then without prejudice to any other right or remedy available to the Purchaser the Purchaser shall be entitled to rescind this Agreement and the deposit shall forthwith be repaid to the Purchaser with interest at the rate of ten percent (10%) per annum and the Purchaser or the Purchaser’s Attorney-at-Law shall return to the Vendor or the Vendor’s Attorney-at-Law the title deeds to the Property.
So let’s see Mr Kinch Paid $4,000,000.00 He made the offer and it was accepted in 2015 so from that time his investment was dedicated to this property. $4,000,000.00 at 10% is $8,574,355.25. That’s not even with the loss of promised development, destruction of property, defamation, legal fees, architects, planning experts etc…. So what you are saying is you don’t even think Mr Kinch is owed what the agreement states as an interest rate for him money being tied up in the property without the promised return? Wonder if you would accept such a thing if you were in His position.They have not even offered him half of that! And if you think this is all they are doing or done to him you don’t know the half of it.
“without the promised return”
What was the promised return and who promised it?
John on October 6, 2023 at 8:10 PM said:
Rate This
John A on October 6, 2023 at 4:09 PM said:
2 Votes
@ John
I going to ask you one question and its a yes or no reply.
Do you think the $32 a square foot the government was paid represents a fair market value for beach front land and buildings at this stage of our economy ?
+++++++++++++++++++++++++++++++
No.
+++++++++++++++++++++++++++++
I am now going to answer in the affirmative as in Yes!!
In the 1980’s, the exact same land belonging to Kingsland was valued by prospective purchasers at $1 million or about $10 per square foot.
A decade later it had risen to $3 million or about $30 per square foot.
So my alternative answer to your question is yes!!
The obvious question is how did the value of the same land appreciate from $10 to $250 per square foot, a 25 fold increase from the 1980’s to the 2000’s?
The answer is that it didn’t.
The value of the money decreased 25 fold!!
The same land with no buildings on it remains fixed in place.
@ Sarah Taylor
I understand the point you are making but they are a few issues you have not considered and they are below.
The interest charge which at market rate on property would be more like 6%. Also remember the interest would only start from the day the sale was closed.
Secondly the fact that you generated profit from the property for the time you had it will be considered and deducted from the offer. If not you would of had the uses of the property for free.
Thirdly the work you carried out there you will not be paid for as it was done without TCP approval.
So yes you are owed on top of the $31.28 a square foot you paid, but its not a straight line transaction like you are suggesting.
John A it is actually quite clear it is land it has a value. That the government sold it too cheap does not mean Mr Kinch has to
@ Sarah
Just tread carefully as you dont want therm to use the right of acquisition As a last resort. You will have your case and they will have theirs. Just negotitate in good faith and let reason prevail.
@John A
From what is leaking into the public the gap is too wide between the two.
@John A
Are you sure some culpability cannot be ascribed to Layne and the town planner in this matter?
rumor has it that.
https://barbadostoday.bb/2023/10/07/right-direction/
Lol has not spoken to Mr Kinch, vendors and not to me for weeks and when he has he has told me he has not been briefed on it
There is a dengue fever outbreak in Barbados.
https://www.nationnews.com/2023/10/07/dengue-outbreak-barbados/
Listen, I am on the Maloney team but not getting my share of growena.
Is there room on the Kinch team for me?
I got my placards ready and a loudspeaker. I am ready to march. I can roll out in 5 minutes.
Placard 1
Don’t budge and inch Mr Kinch
Placard 2
Measure at high or low tide, we are ready to ride
Placard 3
Mr Vendor ignore their call
They will try to take your stall
Placard 4
Don’t be silly, be savvy
I am ready to roll. I am here by my gate waiting for the call.
@ David
I dont think we can hold the TCP liable on this as what i think happened is below.
When the acceptance letter was sent off the existing plot plan may have been decades old so a new survey was ordered. When that was done and sent to BTII, then they used that as the basis for the sale. The TCP would then of gone by that plot plan as well, knowing that what was on file, if indeed one was on file, could be decades old.
@John A
The blogmaster is not prepared to give public servants involved with the transaction a bligh just yet.
@ David
To me the issue that showns me something strange went on is this.
What MOTIVATION did the board of BTII and those involved have to accept an offer for a large area of beach front land and buildings, without FIRST having a survey done to confirm the area being offered for sale by them?
@John A
The issue for me is before we even accept the ‘huff’ of land by the bidder and his surveyor, the price paid of $4million dollars still seems very cheap. Where are the other bidders? Were there others? Who knows. Assuming Kinch’s original offer was $3million Was he the only bidder that they went back to him to ask for another million? I can’t believe that. The owner of Cooa would easily have offered a more suitable sum for prime beachfront land as this is.
Would appear that Kinch was the chosen ‘Player’ in this deal and one must wonder why
Either John A is:
– NOT from bout here..
– Pretending be daft..
– Being deliberately provocative ..
OR..
– He IS the ACTUAL co-conspirator with the BTII, in the plot to transfer public lands to a selected private ownership for a song.
The (now standard) plot was obviously foiled by an UNSOLICITED (and UNWANTED) bid for $3million, which was raised to $4million – when the additional $1Million was demanded (in order to chase away the intruder).
Unfortunately for the plotters, ‘Intruder’ had the $4m, but their ‘Yardie’ did not seem to have any more than $ to put up … LOL
This all seems quite clear to Bushie ….
The “problem” is that the INTENDED beneficiary was a DLP hack, and that neither the DLP, NOR the incoming BLP mafia has been intent on allowing the ‘intruder’ to benefit from their underhand games…
de Mafia DO NOT follow established laws… Were it NOT for the intruder, this would ALL have been done and stamped BEFORE the damn BLP won elections…
What is so hard to understand – GIVEN THE CURSE THAT PREVAILS BOUT HERE?
I see Bush Tea possesses some wisdom.
As we know it this is what happened. We found out years after the bid as accepted. I wish Allan had never bid because we would
not be in the midst of this disgusting game now.
Evil wicked people they are
Read and learn:
https://www.standard.co.uk/news/london/greenwich-council-mast-quay-thames-demolished-planning-b1109661.html
The moment there was a phone call and an extra million had to be coughed up, what does it tell us?
@ Bush Tea
You notice i say what SHOULD of happened not what happened. LOL
As to what happened to make them accept an offer before surveying it and knowing what they were selling only those involved can say why.
I cant jump to no conclusions until more is known. The PM says she will speak on it soon so hopefully we will know more then.
“I CAN’T JUMP TO no conclusions UNTIL MORE IS KNOWN.”
~~~~~~~~~~~~~~~
Well ‘said.’
It’s a practice that should be applied to all situations.
A big problem is that more is often never known. Nature abhors a vacuum can be applied in this case.
“A big problem is that more is often never known. Nature abhors a vacuum can be applied in this case.”
~~~~~~~~~~~~~~~
I’ve realised that, more often than not, in the absence of information, many of us prefer to ‘assume the worst’ or use negative information far more than positive information because it is convenient for their particular biases to do so, (e.g negativity bias and confirmation biases)……
…… especially those persons who ‘look under every rock hoping to find a scam.’
Ironically, however, I’ve seen issues raised on BU, to which people immediately ‘jump to negative conclusions,’ as their initial and continuing responses.
Yet, whether we disagree or not, Enuff has often provided the forum with information to those same issues that suggests otherwise.
From where does he get his information?
He usually ‘says’ from the media.
@Artax
People feel the way they do for a reason. Why should citizens be full of hope if for example nothing is done to address many of the concerns highlighted annually by the auditor general? What about the tardy delivery of justice by our courts, executions deficit etc. in such a climate people will logically be apathetic.
@ John A
Boss, you were expected to DENY any chance that you are;
“the ACTUAL co-conspirator with the BTII, in the plot to transfer public lands to a selected private ownership for a song”…
Did you miss that? … or are you pleading the fifth..?
LOL
murda!
Are they discussing the matter publicly or not.
Source: BT
@ Bush Tea
Lol you too dangerous.
It really is one confused mess for sure. From the day the accptance letter went out it was non stop confusion from dey!
used to be a great spot for fishing. bay snappers and cavallys.
https://barbadostoday.bb/2023/10/08/conservation-commission-repairs-public-access-path-to-derricks-beach-in-st-james/
“The partnerships will come with entities outside of Barbados as we have already established with XQ [Institute], who have agreed to build the two new secondary schools for us, once the government provides the land as we have already started to do. Purchasing the site of the old Ursuline Convent and purchasing the site at Chelston in order to build a school that is focused also on preparing students in the specialist areas of the blue/green economy, should that be the wish of Barbadians,” Mottley said.
+++++++++++++++++++++++++++++
Another con unfolding.
Same shit as Four Seasons which is traceable back to EWB!!
Where is Miss Mockley going to get money to purchase the site, NIS?
Four Seasons title deeds vanished.
Did we ever find out where they went?
“Evil wicked people they are” … truer words were never spoken/written.
I thought the AudGen said the title deeds were found in the registry, and title had been transferred.
What he couldn’t find were the monies associated with that transfer.
@Commander Hants
I found your last post to be very disturbing. Do you see a time when average Joe will have to walk the plank to get a sea bath?
@blogmaster
“A big problem is that more is often never known. Nature abhors a vacuum can be applied in this case.”
The truth, the plain truth, and nothing but the truth.
These past few days the blogmaster has been punching well above his weight.
@rabbit🐇/🐰
I see that we may be sharing the same opinion and that frightens me.
Everything is a scam, a con or a scheme to rob someone.
Grasshopper
Never fear learning regardless of which master teaches it.
Some people do and that’s why there is a word for it, Sophophobia.
It seems PM Mottley is too busy on international duty to finish this dispute?
https://www.nationnews.com/2023/10/14/vulnerable-get-help-one-family-programme/
Pm Mottley is busy helping poor Bajans.
Any update on Savvy?
Did my friend go to London?
Is the PM just mouthing empty phrases?
Savvy needs to be classified as international dispute requiring actors involved to meet at a round table overseas.