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Showing posts from May, 2009

First Boat at the Ale House Dock

OK, it wasn't Reboot, it was Why Knot - Dan's boat.  But at least I was on it.  The docks went in yesterday and after a very bizarre ride in very heavy fog up the river we made it to the Ale House.  Fortunately after dinner the fog had cleared enough that the trip back down was much more comfortable.

KK River Dredging

I received a copy of the EPA letter on the dredging operation in the KK River.  The quick summary: Dredging will take from mid-May until NovemberThe river will be dredged from the Becher street bridge down to KK Avenue to a depth of 21 feet in the middle and 11 feet at the banksThe river will be closed from on or about May 14th for four days to commence operationsAfter that the river will be open from 9 a.m. to 1 p. m. each day for recreational boats, it will be closed the rest of the time for dredging.It sounds like it will not be too bad and the advantage of a deep river for spring launch and fall storage should be worth the pain.

Residential Real Estate Auction

I had an interesting and unusual day yesterday. Dan and I went to Sun Prairie WI for a developer’s “inventory Reduction” auction.Dan works in the real estate business in Milwaukee and was interested in the process and audience for such an event..He invited me along for the ride.The auction was performed by J. P. King.I had no idea what to expect.At auction were units from two subdivisions.The audience was large enough to fill three sections of the Crowne Plaza Hotel meeting room with standing room only.There were four single family homes, about 6 building lots, and maybe 50 condo units.Much to my surprise the audience was not real estate interests but rather mainstream America.I think that most people in the audience were there to purchase a property for personal occupancy rather than for investment.Only two buyers purchased more than one property.Helping the sale was the fact that Anchor Bank offered no documentation 30 year fixed loans with only 10% down.The terms of the sale were 5…