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PLYMOUTH - Plymouth Rock Studios will not get an expected $50 million in state
bond money to build the access road to its multimillion-dollar movie studio.
Plymouth Rock officials, however, plan to forge ahead with private money that
has been committed to the project. According to the company's real estate
manager, Bill Wynne, heavy machinery should be digging the road to the studio
site on the 240-acre Waverly Golf Course within a month or two. The studio is
projected to open in late 2010.
"Obviously we were disappointed and frustrated by the news, but we'll make it
work anyway," Wynne said yesterday. "It's too bad it took the state 18 months
to figure it out."
Plymouth Rock and the town's legislative delegation said they were told the
state denied the bond money because the film industry might be getting too
large a slice of the state-aid pie.
"I was told that because of the tax-credit avenues available to film production,
the I-Cubed money was not allowed to go to this," said Plymouth Rock's chief
financial officer, Joe DiLorenzo, who spoke to the state's undersecretary of
administration and finance, Jay Gonzales, yesterday. He said Gonzales promised
that state officials would look for other ways to support the project.
State Representative Vinnie deMacedo, Republican of Plymouth, said the
secretary of economic development, Gregory Bialecki, told Plymouth's legislative
delegation "to look at the big picture."
"I'm deeply saddened and disappointed," said Selectman Butch Machado."I
thought this was a great and unique opportunity."
Editorial comment: Potholes, crumbling bridges - As every driver in this state
knows Massachusetts doesn't want to spend any money on it's roads - Ever!
Anyone remember a few years ago when the Patriots were looking to build a new
stadium? Bob Kraft wasn't asking the taxpayers for a handout, all he wanted was
for the state to pony up the dough to build the roads. We here in the
commonwealth of Taxachusetts are very lucky Mr Kraft owns the team and
wanted to keep them in Foxboro. He spent $100 Million out of his own pocket.
The state of Connecticut was practically throwing money at him to move his team
down to Hartford. They were gonna build him a brand new stadium and GIVE it to
him. Anyone else would have taken the cash and said "So Long"
bond money to build the access road to its multimillion-dollar movie studio.
Plymouth Rock officials, however, plan to forge ahead with private money that
has been committed to the project. According to the company's real estate
manager, Bill Wynne, heavy machinery should be digging the road to the studio
site on the 240-acre Waverly Golf Course within a month or two. The studio is
projected to open in late 2010.
"Obviously we were disappointed and frustrated by the news, but we'll make it
work anyway," Wynne said yesterday. "It's too bad it took the state 18 months
to figure it out."
Plymouth Rock and the town's legislative delegation said they were told the
state denied the bond money because the film industry might be getting too
large a slice of the state-aid pie.
"I was told that because of the tax-credit avenues available to film production,
the I-Cubed money was not allowed to go to this," said Plymouth Rock's chief
financial officer, Joe DiLorenzo, who spoke to the state's undersecretary of
administration and finance, Jay Gonzales, yesterday. He said Gonzales promised
that state officials would look for other ways to support the project.
State Representative Vinnie deMacedo, Republican of Plymouth, said the
secretary of economic development, Gregory Bialecki, told Plymouth's legislative
delegation "to look at the big picture."
"I'm deeply saddened and disappointed," said Selectman Butch Machado."I
thought this was a great and unique opportunity."
Editorial comment: Potholes, crumbling bridges - As every driver in this state
knows Massachusetts doesn't want to spend any money on it's roads - Ever!
Anyone remember a few years ago when the Patriots were looking to build a new
stadium? Bob Kraft wasn't asking the taxpayers for a handout, all he wanted was
for the state to pony up the dough to build the roads. We here in the
commonwealth of Taxachusetts are very lucky Mr Kraft owns the team and
wanted to keep them in Foxboro. He spent $100 Million out of his own pocket.
The state of Connecticut was practically throwing money at him to move his team
down to Hartford. They were gonna build him a brand new stadium and GIVE it to
him. Anyone else would have taken the cash and said "So Long"
Mass legislature to Plymouth Rock Studios -
"We don't pay for roads!"
by Roland Hansen
"We don't pay for roads!"
by Roland Hansen
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