Double Standards or Honesty Matters

It’s campaign season in Frisco, and you know what that means: political signs are vanishing, alliances are shifting, and hypocrisy is doing cartwheels down Main Street.  We have heard from a few citizens asking us why we have a “Double Standard” when it comes to calling out current city leaders who support Smart Frisco while we have said nothing about Brian Livingston who is supporting the Citizens For A Smarter Frisco PAC.  We have been asked why we have not disclosed how the Vote No PAC – Citizens For A Smarter Frisco is funded?  Honesty matters so here you go!

Let’s rewind the tape.

Let’s talk about the political elephant in the room—Smart Frisco, the feel-good PAC with a slick name, big-dollar backing, and conveniently aligned with current city leaders. Councilmembers Bill Woodard, Jeff Cheney, and Tammy Meinershagen have all publicly supported this PAC as well as previous PACs in the past while claiming to be wearing their “private citizen” hats on.  We cannot pretend their alignment with Smart Frisco doesn’t carry political weight. Ah yes—the magical invisible hat that somehow lets you hold public office and advocate for propositions without consequences or accountability. It’s like Clark Kent glasses for ethics.

In the previous election Brian Livingston took no position and clearly said it is up to voters to decide and this time around he dared to speak up about his own concerns regarding the Frisco Center For The Arts during council meetings.  It was not until the current city council members came out for a second time advocating for a PAC trying to influence the vote that Livingston clearly had enough and said what is good for the goose is good for the …..

Now critics cry foul and the pearly clutching begins!  The cabal acting as if he had crossed a line even though they set the precedent crossing the sacred boundary.  Livingston dared to voice his concerns and support for the Citizens for a Smarter Frisco PAC, which is advocating against the current Performing Arts Center deal and now critics cry foul, as though he’s crossed some sacred boundary, they themselves trampled over a year ago.

Behind Citizens For A Smarter Frisco PAC

Based on records filed with the city the PAC started a few weeks after Smart Frisco.  The treasurer is listed at Chris Fields and from what we can tell he has no criminal record, does some political consulting and works in the IT Field.  We pulled their campaign finance report, and they have $0 listed, $0 donations and until the next report is out, we will not know who funded the PAC.  We messaged Chris Fields and asked why the PAC developed and he responded, “out of citizen concern.” 

Livingston has been front and center for the PAC at forums and reposting their content but nowhere near the extent of the city leaders on the side of Smart Frisco.  Do you feel that as a representative for the city council you should be representing a pack against the performing arts center?

Livingston: Honest, Direct, and—Let’s Face It—Right

We sent Mr. Livingston an email and asked him Do you feel that as a representative for the city council you should be representing a pack against the performing arts center and why he has chosen to support Citizens For A Smarter Frisco and this was his response.

Livingston wrote, “I want to be clear—I never wanted to represent a political action committee in this way. However, a precedent was set last year when other members of this council chose to publicly support a PAC while claiming to do so as private citizens. That action opened the door for elected officials to engage in public advocacy while still holding office, and I believe it’s important to be honest about that reality.

As a councilman, my first responsibility is to be transparent with the residents of Frisco. I have taken this position with the “Vote No” PAC because I firmly believe the current Performing Arts Center deal, as written, is not in the best interest of our city. I also strongly disagree with the proposed change in use of EDC funds, which were never intended to support projects of this nature.

This isn’t about opposing the arts—it’s about fiscal responsibility, honoring the original intent of our economic development tools, and making sure every deal we enter into reflects the long-term needs and values of the Frisco community.”

That’s what you call “owning” the situation. No spin. No double talk. Just a clear admission that if we’re going to play by these new rules, let’s at least acknowledge them out loud.  Whether you agree with him or not, you can’t deny that what he’s offering is rare: a transparent position, rooted in fiscal concern, with zero political waffling.

What’s Good for the Goose…

Here’s the core issue: you can’t praise transparency when it suits your narrative and then screams “conflict of interest” when someone else plays by the rules you created. If it’s okay for Cheney, Meinershagen, and Woodard to champion a PAC two years in a row while in office, then say Brian Livingston’s advocacy for fiscal responsibility and public transparency is not appropriate and unnecessary. This isn’t about theater. It’s about trust. And whether you support the Performing Arts Center or not, you should support honest governance over political theater.

The Bottom Line

Frisco deserves better than this convenient amnesia and selective outrage. If elected officials want to play the PAC game, they should at least have the decency to stop pretending they’re playing as “private citizens.” And if a councilman speaks up about a shady deal and does so publicly, let’s not crucify him for being the only one saying the quiet part out loudIt would be totally disingenuous to pretend this isn’t political coordination masquerading as “just a concerned citizen.”  The real issue isn’t who’s supporting which PAC—it’s why some voices are allowed a microphone, while others get handed a muzzle.  Frisco voters are smarter than that. Let’s act like it.

There are several important dates to know when it comes to the ballot propositions:

  • First day of early voting—April 22
  • Last day of early voting—April 29
  • Election day—May 3

Want to weigh in? Got receipts or screenshots? You know the drill.
📩 FriscoWhistleblower@protonmail.com – Anonymity is our love language.

The Arts of the Deal: FCFA Finale

If transparency were a magic act, Frisco City Hall would be pulling rabbits out of hats while the real answers disappear up their sleeves. Welcome back to our ongoing tale of smoke, mirrors, and municipal mystery, The Phantom of Frisco saga. Now, in Part 2, we go deeper into the back corridors, where the stage props and “public meetings” feel more like rehearsed performances for an audience of none.  Enjoy our final blog that expresses the last of concerns we have and we hope it lifts the curtains so you can see who’s really pulling the strings.

Community Arts vs Broadway:

For years, the Frisco Arts community was pushing the need for a community theater where residents could perform musicals, art shows and more.  How did that turn into bringing Broadway to Frisco?  Do we NEED Broadway – No!  Do we NEED a COMMUNITY THEATRE EVENT SPACE – Yes!   We have a lot of local groups who could benefit from it.  A community theater event space would have a much smaller price tag than what the city is pitching today.  The city and Tammy Meinershagen, the leader of Frisco Arts, are no longer thinking about the needs of Frisco residents or the Frisco Arts Community. 

Backstage Pass to PAC Mentality

Smart Frisco is a local political action committee that supports Proposition A & B.    We were open to learning more but then they did a post with the caption It’s Free!  Immediately we wondered who is behind Smart Frisco?  Who is running Smart Frisco?  Who is funding Smart Frisco?   NOTHING IS FREE!   

The first report filed for the PAC is the Treasure Report which lists the name Heather Eastburn.  We simply googled her name at that point to find out she was arrested in April 2023 for “Assault Causes Bodily Injury of a Family Member” and thought is this someone we should trust to tell us it’s free!  Then we found out Eastburn used the excuse of being INDIGENT to bond out.  That means the party of the original action is unable to afford the costs of paying or giving security costs (bond).   Eastburn’s credibility was in question simply because she claims indigency to get free bond/lawyer all while telling Frisco Residents that the $340 million performing arts center IS FREE and WON’T COST US A CENT!  Eastburn has a layer of problems we won’t expose here but, in the future, maybe fix your home before trying to take money from our pockets through sales tax.

Who is funding Smart Frisco?  

The answer, Smart Frisco has been flushed with $20,000 in cash by Frisco North Development LLC, which is owned by the Wilks Brothers, who are building Firefly Park in Frisco.  Firefly is slated to be a $2.5 to $4 BILLION dollar project located next to what could be the home of the future FCFA.  Clearly having a Frisco Arts Center next to their billion-dollar development would benefit them greatly.

Then you have Councilman Bicycle Bill Woodard who donated to the PAC.  He has done this before when he ran the PAC against the Frisco Firefighters in 2024.  Why does his involvement make us cautious?  Our city is constantly in the news, and every picture taken has our council front and center at events.  When you want to use the excuse “I am doing this as a private citizen not a council member” we don’t buy it!  We have proven that the PAC last year used city resources which Bill could have only had access to as a councilman and to us you can’t play both sides.   Residents give more credibility to what he says because he is in a position of leadership versus another PAC run by regular ole joes!  When a PAC is funded 99% by a developer, and the voice for the PAC is a city council member – that concerns us!   

Letter of Intent (LOI) – Language Semantics at play! 

How does semantics play into an LOI?  Semantics is the meaning or interpretation of a word or sentence.  A letter of intent (LOI) is a formal written document expressing a party’s intention to enter into a contract or agreement. It outlines the main terms of the future agreement and shows a serious commitment to a deal. LOIs are preliminary to any formal dealsor terms and are designed to be general and non-legally binding.

Pay attention to the key words in the definition which are intention, agreement, commitment, preliminary, and non-legally binding.  The City Council wants us to vote on changing the use of funds in our EDC based on a commitment, preliminary, non-legally binding agreement.  Some would say it is filled with semantical words, depending on how you interpret them.

On April 1st, the city council authorized a LOI with Frisco Live for them to be the operator-at-risk for the new FCFA.  We reviewed the 8-page Venue Operator Letter of Intent and the first thing to catch our eye was the following which states, “Frisco Live is a Texas non-profit corporation formed by Broadway Dallas and Broadway Across America.”  Then it goes on to say they will make the best effort to obtain tax-exempt status, however if they don’t the parties will still move forward.  

Why does this matter?  The non-profit with a tax-exempt status is to help them with FUNDING!  Remember, the last $100 million must come from donors or heavy hitter sponsors. This is the biggest piece of “the unknown” pie that residents should be concerned with.  According to the IRS website, “Until a nonprofit receives that status—even if it operates as a nonprofit in good faith—donations to it are not deductible.  Just calling yourself a nonprofit or even being registered as a nonprofit corporation with your state is not enough for federal tax purposes.”  Why would you donate when it is not tax right off?  If they did not achieve tax-exempt status and the city moves forward anyways, then how will they cover the $100 million they are supposed to be raising from donors? 

They also stated at the meeting they had done two funding studies and had a target list so why not share the studies.  As of now we can only assume there are no donors who have signed a commitment to fill this gap.  Project Theatres has stated numerous times that most donations don’t come in an upfront lump sum – they are given over years. The city needs to state before we vote to change the use of EDC funds what will happen if they don’t get that status and where will the money come from?  Why would you vote so they can continue to move forward, spend more money on a very expensive project with so many unanswered risks.  How much do we spend without knowing the facts?  Again, residents need to ask themselves, are they willing to take a $100 million dollar risk? 

Next the LOI talks about how Frisco Live will contribute $4 Million to the FCFA Capital Campaign Fund as part of the 2025 “silent capital campaign” effort. It goes on to say the delivery of that money is contingent upon the following and is fully refundable if not meet.

1. In the event the project is canceled before completion or fails to be completed.

2. If The City of Frisco and PISD fail to get the bond issuances necessary to design and construct the project.

3. The City’s authorization and funding of the one-time maximum $8 million reserve balance split between three City administered funds.  First $6 Million for the startup “Operational Support Fund,” plus $1 Million for the “Facility Maintenance Fund” and $1Million for the “Major Capital Expense Restricted Fund.”

What caused us to be concerned?  The number $8 million because every time this slide comes up in their presentations, they say $6 Million. They have failed to highlight the two $1 Million contributions, aka they just put that in the small print. 

When we watched the April 7th meeting a resident named Dan Elmer took to the microphone (2:20:00) and explained his background in private equity and how he is in charge of approval authority for loans for a local bank.  He said he could not vote yes for the propositions based on what was written in this LOI.  He said he was incredibly disappointed to watch the council approve this LOI especially after Councilman Brian Livingston asked the question “who are the parties to the definitive operation agreement” being discussed and no one could answer that. 

Elmer went on to say, while the consultants and council expressed Broadway Dallas and Broadway Across America, based on the current LOI that is not true.  Elmer then held up the agreement and said Page 1 – “Parties Involved” – City of Frisco and Frisco Live Inc.”   Elmer then asked, “Why does that matter?”  The structure proposed is a remote bankruptcy structure and there is no recourse to Broadway Dallas or Broadway Across America.  That would require a separate agreement. 

Elmer then asked, “What’s the role of Broadway Dallas and Broadway Across America as written in the current LOI?”  They are CONSULTANTS to Frisco Live!  That means they are providing services to Frisco Live, a Non-Profit Bankruptcy Remote Entity.  Why is that important?”  Let’s say they run out of funding, Elmer said that means they have no assets, and no one is required to step up and fund this entity as the LOI is written today. 

Elmer continued, “in order for that to happen you need a keep well agreement which is an agreement that those entities will continue to provide funding in the event of an operational loss which is not in this LOI today.”  You don’t have a guarantee of an operating agreement from Broadway Dallas /Broadway Across America.  What you do have is “THE PROMISE TO NEGOTIATE THE CONSULTING AGREEMENT AT A LATER DAY UNDER UNSPECIFIED TERMS.”  He also stated at the April 1st meeting it was said we are not paying management fees to Broadway Dallas / Broadway Across America.  He pointed out that it is not true, we will be paying consulting fees which are stated in the LOI.  He said whatever fee arrangements are to be paid should be back end loaded to limit the fees they are paid early before the concept is proven.  Again, he stated, none of that is discussed in the LOI.  Holding up the agreement he said these are not things to be figured out in the next steps, these are material deal terms that are not in the framework of the deal.   

Elmer went on to say that he reached out to the email on the presentation and the phone number to ask what the fees are to be paid in year 1 & 2 and he got no response. He closed by stating he is not against the project, but he is against a bad deal, and this is a bad deal.  Sir, you took the words right out of our mouth!

Facility Use

We heard over and over the “Community Hall” will be shared by Prosper ISD and several local community groups.  Based on the presentation on 4/7/2025 (slide 7) it stats that Prosper ISD, community non-profit arts organizations, small community events, visual arts exhibits and regional events will occupy the facility 84% of the time.  The remaining 16% of the time it will be dark days, meaning no use.  A note at the bottom of the slide says, “community use projections INCLUDE PISD NEEDS.”

Former City Manager, George Purefoy, posted on Facebook that he was told at the open house that the local arts groups will have approximately 50% of the use of the small theater.   According to the city’s FAQ , “Prosper ISD is anticipated to be the predominant user of the Community Hall.”  Funny they don’t have consistent answers to the questions!  It must have been a typo when they left off the percentage on the answer in the FAQ.  We decided to go directly to the source… Prosper ISD that is!

We emailed the Superintendent for Prosper ISD and one of the questions we asked was what % of the time would the community theater be used by Prosper ISD.  The Chief Communication Officer responded to us, Rachel Trotter and said, “AS OF TODAY, THE SMALLER THEATER WILL BE USED 84% OF THE TIME BY PROSPER ISD.” 

Question, if Prosper is using it 84% of the time and it’s dark 16% of the time, then when are the community non-profit arts organizations, small community events, visual arts exhibits, or regional events supposed to use the facility?  The question of Prospers quantitative use of the community hall was asked this week and Gena with Project Theatres paused and never directly answered, instead she gave generic percentages as we expected.  Based on how the Universal Kids vote went down, it is our opinion that the night of the vote many will be shocked to learn some “changes” may take place leaving no availability to other groups.  We call it the Bait & Switch!

Well, they can use the large hall right?  Yes, but can they afford to rent the large hall?  Probably not!

Next, based on the usage chart, Broadway will only be using the Large Hall 15% of the time. A $340 million dollar investment for 15% of the time to be used for Broadway. Does that sound reasonable to you?

Conflict of Interest

Lastly, we point out the conflict of interest starting with Tammy Meinershagen.  She claims to be voting yes for this because she believes it is good for the community; the truth is there is no way in hell she would vote against it.  Tammy was introduced to music as a young child and plays the Violin and at age 5 she played her first concert at the Rockford Symphony Orchestra in front of 5000 people.  Her family moved to Frisco in 2004, and in Voyage Dallas Magazine article in 2018 she said, “As a professional musician and teacher, I felt a bit like a fish out of water in Frisco, and I wanted to help our city become more well-rounded.” 

Meinershagen went on to say in the article, “I began serving in many capacities regarding arts and culture, as PR/Marketing Chair of the Texas Music Teachers Association, Diversity Chair for the Frisco Council of PTA, a Board member of Frisco Public Art, and Frisco Association for the Arts. After meeting Councilman Jeff Cheney (now Frisco Mayor) in 2009, I was eventually appointed to the 2015 Citizen Bond Committee to represent the arts. It was there, that I spearheaded a successful bond initiative of $10 million in bonds for a performing arts center in Frisco.”

At the time of the article, she was serving as the Executive Director of Frisco Arts, the city official arts advocacy agency.  Our point, even if Tammy Meinershagen thought this was a bad deal – there is NO WAY SHE IS VOTING AGAINST IT.  She is blinded by her love and conflict of interest.  She knows if this does not pass it could be another 5 to 10 years down the road before another opportunity comes up.  Her conflict of interest is glaring when it comes to voting and being involved on this project.

Next up, Cheney!  He has been transparent that he wants this to be a destination city. Based on the proposed location it will help Mayor Jeff Cheney, and the Cheney Group sell more houses at the PGA (where he claims to have no exclusive contracts). It will help his friends, the Wilks brothers, and their billion-dollar development.  It will help the new PGA Entertainment District being built by Cheney’s friends (remember his former Broker). The potential millions to be made off tourism directly are the real driving force here for Cheney and his developer friends. 

Lastly Bicycle Bill – if he wants to donate from his campaign fund to the Smart Frisco PAC and be a voice for the PAC then claim he is doing it as a private citizen – we say NO WAY!  You did not donate from your personal funds, he used his campaign money, that was donated to him to help him win his run for the council.  In our humble opinion, we would say that is a conflict of interest. 

TIME TO VOTE

Where does it end?  April 22nd starts early voting, election day is May 3rd, and you are the deciding vote!  What we do know is that details are important, and the truth is we don’t have many details at all.  City leaders have said this is the most transparent project they have ever worked on, and you’re seeing the whole picture. But as any good illusionist knows: if you’re watching the right hand, you’re missing what the left one’s hiding.

We warned you to buckle up!  We told you the sales pitch would be coming from all angles, and it would be Oscar-worthy.  We also told you don’t be surprised when the fine print on this production budget reads: No refunds, taxpayers!

Listen to what others are telling you and look at the resume!  Former City Manager George Purefoy says this deal is no good.  Ron Patterson, who resigned after 21 years with the City of Frisco, where served as an Assistant City Manager, President of the Frisco Economic Development Corporation (EDC), and then became the Deputy City Manager and was one of the top 3 candidates to replace George upon his retirement has also said this is a bad deal.  Former City Council member Shona Sowell and current Councilman Brian Livingston are saying – no!   Cheney wants you to believe they are all idiots and they just don’t understand this deal. 

The mayor and council are banking on residents to fall for the Broadway glam, so they don’t look at the details behind the curtains. Hell, we have not even talked about the parking garage that will be needed for this project yet. Trust me, they say!  In the end, if this passes, they hope that by the time the shiny new Performing Arts Center opens, everyone will have forgotten how the money got there in the first place. Maybe they’re right. Or maybe, just maybe, Frisco isn’t as easily distracted or stupid as they think.  Know Before You Vote!

As for me? I’m just an old man who’s seen this kind of story before. When you cut corners in winemaking, you don’t get a masterpiece, you get something undrinkable. And when you cut corners in city finances, you don’t get a thriving, well-managed town. You get a mess.

Standing ovation or a total flop? Stay tuned for May 3rd.

Cheney & Commercial Real Estate

Recently we noticed our Mayor Jeff Cheney took a trip to Las Vegas on taxpayer dollars.  Where did he go?  Las Vegas for the annual global real estate ICSC Convention which stands for International Council of Shopping Centers’ annual global real estate convention.  According to the website, it is the world’s largest gathering of real estate professionals.  It is a two- to three-day gathering of dealmakers and industry experts, who are driving innovation and evolution in commercial real estate.  The event provides an opportunity for attendees to network, learn about the latest trends in retail real estate, and do business with thousands of exhibitors.

The website states the exhibit hall features over 1,200 exhibitors showcasing their products and services. These exhibitors include retailers, shopping center owners, developers, architects, and other vendors.  Another important aspect is the networking opportunities. The event provides attendees with numerous opportunities to connect with other industry professionals, including receptions, parties, and other social events. These events allow attendees to make new contacts, share ideas, and form partnerships that can help them succeed in the retail real estate market.

Many local Frisco residents have questioned if Mayor Cheney uses his position as Mayor to help his personal business The Cheney Group, a real estate firm. Before we assumed the worst, we asked ourselves, why would he go to this convention on taxpayer dollars?  What would the value to the city be? According to the expense report we found it says he went with the Frisco Economic Development Corporation. 

In an email to Karla Horton, Jeff Cheney who uses his business email to conduct city business submits his receipt with a note that states to please consider the Saturday night stay and the food and beverage expenses to be personal expenses and do not file those for reimbursement.  The only items for reimbursement would be the Sunday and Monday hotel room charges which comes to $1140.60. 

Just looking at the expense report we have some serious questions.  First, we noticed the room was in Jeff Cheney of The Retail Connection in Dallas, Texas. What is The Retail Connection? Then it states his departure date as 5/19/24 and return date as 5/20/24 but there are hotel charges on his ARIA Invoice for 5/18, 5/19, and 5/20.  Why is he expensing two nights for a hotel when his report states he left on the 19th and returned on the 20th?  Why not expense one night?  How did he get to Las Vegas?  Where is his expense for airfare? 

When he travels to the city, he does have a per diem amount towards food, but he noted in his email to the city that the food expenses should not be submitted to the city as they are personal expenses.   Then we noticed a charge that reads “$25 ARIA Refreshment Center charge for $25.00”.  On two of the days, he was charged once for that but on 5/19 we see the charge twice.  Then we noticed on 5/18 (the personal day) he hung out at the pool because there is a charge at the ARIA Pool Service Bar of $100.53.   Then we noticed on he must have hung out at the pool bar on 5/19 the day he was supposed to be at the convention because there is another charge for the Pool Service Bar of $70.73.  Plus, he has an additional charge on 5/19 at the ARIA Salt & Ivy Café Food for $95.11. 

We are still questioning how the Frisco EDC and Mayor Cheney traveling to Las Vegas for a commercial real estate industry event would benefit the city?  The website for the convention mentioned attendees can expect to meet with key decision makers from the shopping center industry, connect and network with over 34,000 attendees and 1,000 exhibitors, view the latest industry products and services that are critical to your business, take part in professional development courses, and educational opportunities for retail real estate professionals.   Lastly you get to attend after parties and industry networking events and do a year’s worth of business in just three days.

The Cheney Group has a dedicated agent to the commercial real estate market so the question we continue to have, is the trip beneficial to his personal business because we can’t see what city business he would have there. What do you think?

Performance-Based Incentives

We have told you before you can learn a lot about what the city is trying to do by reviewing city council meeting agendas.  We noticed the Frisco City Council approved a master agreement on July 2nd with a company called FW Development LLC.   The master agreement provides up to $94.5 million in “PERFORMANCE-BASED INCENTIVES” to the developer of the $660 million mixed-use development known as Fields West.  The goal is to ensure the developer adheres to its intended construction timeline and scheduled opening date.

Who is FW Development, LLC or Fields West?  Well, it was created by The Karahan Co. which is owned by Fehmi Karahan.  According to sources we spoke to inside the city, they believe the project will help achieve the council’s directive to activate North Frisco.   The Dallas Business Journal made mention of it, along with that the project is expected to bring in $400 million annually in new sales and purchases for Frisco.

We went back to watch the meeting and we learned that Mayor Jeff Cheney recused himself from the vote.  We are guessing he did this because of this known relationship between The Cheney Group and the residential part of Fields (aka The Preserve).  However, his little marionettes knew what to do and approved it in a 6-0 vote.   After watching the vote, we are curious why John Keating participated in the vote.  Remember, he recently recused himself from a Fields vote due a to “conflict” because he was going to be closing soon on a lot in The Preserve.    

In the discussion of the project, Keating talked about how he remembers years ago going on a walkthrough of Legacy West with Fehmi Karahan.  He remembers the attention to detail in the development from the park benches, to how the bricks were laid in the crosswalk, and how it is lit up at night so it’s safe 24/7.   

We are guessing that John Keating does not remember Christina Morris, or better yet could care less to remember her because it is not about his Cowboy Fit Club.  Morris went missing in August 2014 from the Legacy West parking garage.  In March of 2018, it was announced that remains found in a wooded area of Anna, Texas had been identified as Morris.  In March of 2022, there was a shooting of a restaurant at The Shops of Legacy?  Safe is relative Mr. Keating!

Keating also noted this was a flagship project that will be great for the surrounding residential neighborhoods to enjoy.  Wait, you mean Resident Keating who is about to close on his lot in The Preserve at Fields?   Yeah, this is the exact reason WHY YOU SHOULD HAVE RECUSED YOURSELF ALSO!

The next question, what does a developer have to do to earn $94.5 million in “PERFORMANCE-BASED INCENTIVES?”  According to the memo on the city council agenda the performance requirements require the developer to construct by a certain date, a minimum of:

  • 350,000 square feet of upscale retail and restaurant space
  • 320,000 square feet of Class A office space; and
  • 1,100 multifamily residential dwelling units (not incentivized)

Where does these $94.5 million dollars come from, the city purse or personal savings account?  First, the Separated Materials Sales Tax Grant will provide up to $7 million in City, Frisco Economic Development Corporation, and Frisco Community Development Corporation sales tax revenues generated by project construction material and service purchases.    Secondly, the Frisco EDC Qualified Infrastructure Grant will fund up to 50 percent of the cost to construct a planned water feature (not to exceed $2.5 million in incentive value) and up to 50 percent of the cost to construct internal streets built to city standards (not to exceed $10 million in incentive value).  Lastly the TIRZ #7 Funding will finance the construction of 3 public parking structures accommodating a minimum of 2,430 public parking spaces to serve the development.  This debt service will be funded by TIRZ #7 property tax revenue generated by the Fields West development and supplementary sales tax revenue generated by the Fields West development.

It just leaves us wondering, how do we have all this money?  Where is all this money coming from?  It is like the city has a SUGAR DADDY funding it!   With that said we were told during the recent election that if Proposition A & B passed it would bankrupt the city – so how is it we have money for one thing but not another?  Oh wait, Cheney can’t make money or build his stature or status up on our first responders.

The Real Deal: Trouble in Frisco?

A morning routine helps us set the tone for the day, better allowing us to control our schedules rather than our schedule controlling us. There are science-backed benefits of having a morning routine: Past research has shown that a consistent morning routine can reduce stress, boost your energy levels and improve your productivity at work.

My wife and I have a morning routine and my favorite part of it is sitting in front of our bay window reading the paper and having coffee.   However, this morning my wife was not too happy when I spit my coffee out all over the bay window and her new cushions.  What could make me do that?  Well, it was the headline in The Real Deal, an online real estate newspaper that read, “Stillwater Files Bankruptcy on Highland Park’s Mondara Condos.”

What are the Mondara Condos?  The condos were sold as a high-end luxury multifamily living project  in the prestigious Highland Park area.  Jess Hardin who wrote the article notes that today the community is at the center of a legal battle in which the developer, Stillwater Abbott Development, has filed for bankruptcy. 

Harden writes, “The Dallas-based developer filed for bankruptcy protection in the Northern District of Texas on Jan. 12. The filing comes almost four years after the Mondara Condominium Association sued the developer – and related entities Stillwater Abbott Management and Stillwater Abbott Development – for construction defects.  In the bankruptcy filing, Stillwater wrote that it had fewer than 50 creditors, less than $50,000 in assets and less than $50,000 in liabilities. The paperwork was signed by Robert Elliott, the manager of Stillwater Capital Investments. 

Why would the association sue the developer?  According to The Real Deal, in a 2020 lawsuit the association claimed the property was “negligently constructed!”    Oh yeah, the lawsuit states it was poorly constructed causing leaks, floods, and was a fire hazard.  The Real Deal also reported that the lawsuit alleged, “The roof, stucco cladding, windows, doors, fireplaces, interior and exterior walls, parking garage and courtyard must be extensively repaired or replaced. 

You are probably wondering, what does this have to do with Frisco, Texas?  If you read our blog Anatomy of a Friendship we did a very deep dive into the relationship of Mayor Jeff Cheney and Robert Elliott.  In July 2016, Robert Elliott created The Associates, a full-service residential real estate brokerage that Mayor Jeff Cheney joined in November of 2017, right before the big “FRISCO PGA DEAL.”  The same Robert Elliott who is a founding partner of Stillwater Capital.  His own bio from the company’s website reads, “Through the company’s custom home building brand, Robert Elliott Custom Homes (RECH), Elliott leads one of Dallas’ premiere single-family builders.

In 2021, Clay Roby represented Robert Elliott and Stillwater Capital when asking our council to approve The Link project that connects to the PGA.  At one point in the discussion it was clear Clay Roby was tired of the delays and truthfully they felt this should have been a no brain vote after what they did for us bringing the Frisco PGA to town. When the council members got caught up on apartment multi-family the Mayor Jeff Cheney tried to even redirect the conversation, saying what else will it offer?

Stillwater Capital has a large investment in Frisco starting with The Corvalla, The Link, PGA Frisco, Link Multifamily Phase 1, and Greenway Village at The Link.   All the projects were approved while Cheney has been on council or up at the pulpit as Mayor.  The projects Stillwater Capital pitched here are no different than the Highland Park project based on the pictures they presented to the council on the Frisco Cottage development was to look like.   SHOULD WE BE WORRIED ABOUT THESE PROJECTS? 

Credit: The Real Deal Real Estate News By Jess Hardin & Researched by Christian Bautista

The Preserve Lots

Our investigation into The Preserve at PGA Frisco has offered up a treasure trove of information over the last year. We first talked about this back in February 2023 in our blog Fields West Dynasty where we discussed the historic future Fields development and the woven professional relationship conflicts. We began to unravel our opinion regarding the conflict of interest at play for Mayor Jeff Cheney vs Real Estate Mogul Jeff Cheney and his relationship with the Fehmi Fields development. Just the Fields Frisco website was cause for pause – why is there a letter from Mayor Jeff Cheney on it?

Then in our Field of Dreams blog, we talked about how Texas Scorecard had questioned the same thing we did years earlier. We also shared an email by John Baumgarten to then-Mayor Jeff Cheney asking how he could get on the “unofficial lot list” for The Preserve and that he would like to make a “donation” to a charity involved in the development. We also pointed out there was no response to Mr. Baumgarten supplied in our PIR but there was a continuing conversation between Cheney and then Chief of Staff Lori Medina (MedinaUSA) on where the donation could be made.

We continued our questions regarding The Preserve and PGA Frisco in our blog, The Silicon Valley of Golf followed by our blog Dark Money where we pointed out some very questionable campaign donations from all these developers involved in future Fields / PGA / The Link. Then we laid out in detail the conflict of interest friendships Mayor Cheney vs Realtor Jeff Cheney built in our blog Anatomy of a Friendship.

Then we release our Breaking News: The Preserve Lots VIP Program blog where we have a recording of a builder rep telling local Real Estate Agents that Jeff Cheney has a lot in The Preserve along with other important people in the project, kind of like a millionaire or billionaire row so to speak of lots and future homes. Go listen to the recording you won’t be disappointed. Then we published the proof in Land Lies of the developer plot map which shows the names Cheney and Keating under a “Developer Hold.”

Why are we reminding you about this? You have to go back to the beginning to understand how what we uncovered today is concerning. For years now local Realtors have been questioning the potential conflict between Cheney’s role as Mayor and as Realtor/Broker of the Cheney Group. Questions also surround his convoluted relationship with Fehmi Karahan and the sale of the lots in The Preserve. Multiple times, Cheney has publicly stated he is not the Realtor of record for lots in The Preserve. He joked in front of a room of real estate professionals, please don’t call me as I am not the agent for these lots. Realtors questioned though how a majority of the lots were already sold before going public to real estate professionals.

With everything he has said publicly were surprised to see 3 lots worth over $2+ million for sale in The Preserve at PGA Frisco on his website. A few months ago it said it was listed by one of his agents but now according to the multiple listing service (MLS) the REALTOR OF RECORD IS JEFF CHENEY OF THE CHENEY GROUP!

In closing, we initially were doing research into some rumors about a possible shake-up or break-up within the Monument umbrella. That led us to these lots for sale which sparked us to look through public records, talk to some builder reps as we “house hunted,” and what we learned from our Realtor neighbor. The lots in question had been sold or contracted by other agents for client’s they had. So why are they for sale now? We can only assume the original buyers probably changed their minds or backed out for some reason which happens all the time according to my neighbor. If they were contracted by other agents, then why are those agents not selling the lots? Why are the lots now listed with the Cheney Group? Why is Jeff Cheney listed as the Realtor/Broker of Record? With so many questions, you can see we are still looking into this so stay tuned for more of what we uncover.