|In case you are wondering who owns the unsold twin monstrosities on Camillo Road.|
Mod: I have a couple of interesting slices of news about the out of control mess known as the "City of Arcadia" today. A locality that is rapidly becoming for the United States what Macao was to the Chinese back during the colonial days. The following was sent to me by a concerned Arcadia resident.
Tonight, Arcadia's City Council accepted the donations from 3 companies for travel to China. You can view the meeting on City of Arcadia's website. Click on ACTV on the left hand side. Also, the city's staff report included:
"The City has been offered two donations, each in the amount of $10,000. One donation is from Companhia de Domercial Dingyuan Limitada, a, international trading firm based in Macau which is believed to have operations in the United States. The other is from Sichuan Arrow Recovery Tech Co. Ltd., an electronic waste recycling firm based in Schuan, China, which is not believed to have operations in the United States but may receive recyclable goods from within the United States. Neither donor has previously done business directly with the City of Arcadia. However, one or more owners of each firm may have interests in real estate and development companies in the San Gabriel Valley that may operate in the City of Arcadia. More donations may be solicited as well , and the Council will be updated if and when additional donations are offered."
A quick Google search found an "Arrow Recovery" E-waste recycling company operating out of Fremont, California. One of its websites is in Chinese, so I'm not sure what it says, but it has an English version. No one has identified the name of the person or persons who own this company.
No one has identified the name of the person or persons who own this international trading firm.
No one is identifying what the interests are in real estate and development.
Absent from the staff report is the additional members of the delegation, which include Mayor John Wuo's brother, George Wuo and his wife. George Wuo is not an elected city official, nor is he a City employee, but he is part of the delegation according to City Manager Dominic Lazzarretto. A quick Google search shows that George Wuo is a real estate agent operating under the broker's license of Golden Apple Group/John Wuo.
To think that the City of Arcadia keeps praising itself for its transparency and adherence to Fair Political Practices Commission.
Mod: So who exactly is going on this opaquely funded magical mystery tour? The happy junketeers are identified in the following excerpt from the staff report.
Mod: Like I said, there are a lot of folks in Arcadia hoping they stay there. Who really needs a city government that answers to a foreign nation's economic interests rather than its own people? And then even travels to that country to learn how to work for them more efficiently? However, I suspect they will return, and with lots of new insights on McMansionizing most of what is left of that now sadly disfigured city. And perhaps our little town as well. I doubt that a country as economically aggressive as that one will want to stop with Peacock Town.
So who owns the twin monstrosities on Camillo Road?
It sure isn't our at times demonstrative City Council meeting visitor Robert Ho. Robert, the dyspeptic man from Long Dragon (or, as those in the property trade call that firm, "Little Snake"), might be trying to sell those extraterrestrial looking wickiups, but the real owner is something else entirely.
As you can see from the family money tree we have posted above, that would be a complex arrangement involving Scott Yang via Ta Jen Lee. The very Arcadia developers now knocking on Sierra Madre's back door, with 319-321 Camillo Road their first foot in it.
Also, apparently Scott Yang bought his home in 2004 on Pamela Road in Arcadia from an LLC named Polyco, owned by Ta Jen Lee. The speculation is that the Scottster is acting as a front man here because Ta Jen Lee doesn't want people to know it is just himself that is doing this.
We posted an article about Scott Yang last August here on The Tattler titled "Unhappy Details About The Camillo Road Project Have Now Begun To Emerge." Link here. Obviously we have now learned some more.
Many residents in Arcadia believe that McMansion development in Arcadia is being driven at least in part by the eb-5 visa Green Card business. Chinese investors apply for these things and one of the requirements is an address in this country. There are lots of addresses in Arcadia, and some quite willing residents as well.
It would seem that foreign real estate development investors see this arrangement as a double win. They get to "hide" their money in a piece of real estate in the US, invest in some dummy corporation for only $500,000, then get a green card to boot. Not a bad deal from good old Uncle Sugar.
Can it also be that the twin monstrosities at Camillo Road are also serving this double purpose?
If all of this informed speculation is correct, wouldn't that be an interesting thing to have happen in Sierra Madre? You apparently can get a whole lot of extra milage out of an over the counter City of Sierra Madre building permit.
One more thing
The Pasadena Star News has an article up today about tomorrow night's Planning Commission meeting. Titled "Sierra Madre Planning Commission seeks public comment on residential zoning ordinance," it includes a lot of good information from Matt Bryant of Preserve Sierra Madre.
You can check that out here.
We will have a post up about Thursday's meeting early tomorrow morning.