An unidentified man's body was found floating face down in debris near BB Riverboats at Covington Landing on the Ohio River this morning. An employee at nearby TGI Friday's noticed the body in the water about 7 a.m. and phoned police, said Sgt. Teal Nally, a spokesman for Covington police. Covington firefighters used rope to pull the clothed body from the water a short time later, Nally said. He was placed on the riverbank awaiting examination from a coroner. Police said they couldn't say much about the man until the examination conveyacing lawyers sydney.
"We have no idea who he is, why he's there and how long he's been there,'' Nally said. "He's apparently got a wallet on him.'' Once the coroner confirmed the man's death, the body was to be taken to St. Luke Hospital East in Fort Thomas where an autopsy would be performed, Nally said.
Newport plans to borrow $12 million to buy properties, demolish buildings and pay other expenses considered necessary to make the Newport Promenade retail/commercial development happen. City commissioners also voted Monday to condemn nine properties in the Newport Promenade redevelopment zone so Newport can buy them from unwilling sellers through the eminent domain process and in turn sell them to the project's developer.
The $12 million borrowing hit a temporary snag Monday evening when Commissioner Ken Rechtin -- who favors the borrowing -- had to abstain from voting because his employer, Fifth Third Bank, was listed as the sale's paying agent. City Manager Phil Ciafardini said the project's financiers -- who had quickly made arrangements for the sale of bond anticipation notes -- will find another bank to serve as paying agent before next week's meeting.
Even before borrowing $12 million the city is temporarily using proceeds from this year's sale of its waterworks to buy property, Ciafardini said. "We're acquiring property rapidly (from willing sellers), and we are very hopeful that we'll be able to get contracts with the remaining property owners," he said. Robert Cooper of Seasongood & Mayer LLC said if the full $12 million were used for the entire two-year period, the city would have to pay $510,000 to $515,000 in interest over that period. You are planning on buying or selling property , then I think you need help of expert conveyances who are doing all the conveyancing process for you. Ciafardini said the city does not expect to need the full $12 million for the entire period, so the interest should not be that high.
Mayor Tom Guidugli and Commissioner Jan Knepshield voted for the borrowing, while commissioners Beth Fennell and Jerry Peluso opposed it. If commissioners first consider the $12 million ordinance at their Nov. 25 meeting, they can approve it at their Dec. 3 session. "As I said at our last meeting, I have concerns about the city taking this risk and this debt," Fennell said, explaining her "no" vote.