UPDATED: This is why things need to come out, so we can clear up any confusion. Jim’s brother DOES NOT own the property, but does lease the West Sioux building that is on the property. From a commenter on BID Facebook page;
Just as a point of clarification, the owners of this property, that I am the listing broker for, are not Entenmans. They are a couple from Canistota who bought the property from J&L Storage, Inc., back in April of 2001. The current owners have made a number of improvements to the property since buying it in 2001. West Sioux Exhaust is a tenant in one of the buildings on this site, and not the owner of the building. There are also several other tenants who are leasing space in this building from my clients. My clients are certainly hoping that the events center may create additional interest in the property, but they have nothing to do with the events center or the vote on it (since they live in Canistota, they could not even vote on the issue), and the asking price was arrived at based on the capitalization rate for the rental income currently being generated from the property.
Hildebrand has proven (even if the ethics commission could not) that Entenman truly does have a conflict of interest with property adjacent to the new Events Center;
And who can forget this heartwarming story on Stormland-TV News;
Section 12.5-30 of Sioux Falls City Ordinance say that city officials shall not:
“Participate or vote in any other matters in which they may have a direct or indirect financial interest, or in which an immediate family member has a direct or indirect financial interest.”