Car dealership to stage grand opening, secures business license

Full story: Whittier Daily News

There's a new car dealer in town, and they said business is booming despite an ongoing economic downturn.

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“Montebello Homeowner”

Since: Jul 09

Montebello, CA

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#2
Aug 17, 2010
 
What a Bass Akwards City we have.

One of the largest sales tax generators in Montebello and the city holds up their business license. How? Why?

Molinari want's to punish Ara Sevacherian because he was smart enough to take advantage of stupid city council members.

1. Sevacherian subleases property to this new guy. Molinari doesn't want Sevacherian to make money on the deal, so he tells Huntley and Glassman to hold up the business license (for no legitimate reaoson).

2. Molinari, Barajas and Gomez hire yet another attorney (we now have 8 attorneys at over $500/hr) to "review" the city's purchase of the Ostrom property. What do you think will come from that? NOTHING. Haven't you heard of caveat emptor Mayor Molinari?

3. While Molinari was on the council, the City a) gave a loan to Sevacherian to build a brand new dealership b) the city bought the dealership property at an inflated price that included "forgiving" the loan. c) Had the business gone under, the city could have foreclosed on the property and gotten it for free. d) in another deal, Sevacherian leases the property from the city for pennys on the dollar in a deal that lets him sublease the property for more money. e) since the city is bankrupt, the city is having problems making its payments to Sevacherian who can foreclose on the property and get it back for nothing.

How stupid is Molinari, Barajas, and Gomez.
Montebello Man

Los Angeles, CA

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#3
Aug 17, 2010
 
How long is the community going to allow these people to run the city?
mtb877

Rialto, CA

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#4
Aug 17, 2010
 
Montebello Homeowner wrote:
What a Bass Akwards City we have.
One of the largest sales tax generators in Montebello and the city holds up their business license. How? Why?
Molinari want's to punish Ara Sevacherian because he was smart enough to take advantage of stupid city council members.
1. Sevacherian subleases property to this new guy. Molinari doesn't want Sevacherian to make money on the deal, so he tells Huntley and Glassman to hold up the business license (for no legitimate reaoson).
2. Molinari, Barajas and Gomez hire yet another attorney (we now have 8 attorneys at over $500/hr) to "review" the city's purchase of the Ostrom property. What do you think will come from that? NOTHING. Haven't you heard of caveat emptor Mayor Molinari?
3. While Molinari was on the council, the City a) gave a loan to Sevacherian to build a brand new dealership b) the city bought the dealership property at an inflated price that included "forgiving" the loan.****) Had the business gone under, the city could have foreclosed on the property and gotten it for free.****) in another deal, Sevacherian leases the property from the city for pennys on the dollar in a deal that lets him sublease the property for more money.****) since the city is bankrupt, the city is having problems making its payments to Sevacherian who can foreclose on the property and get it back for nothing.
How stupid is Molinari, Barajas, and Gomez.
If Sevacherian or rather Ostrom Chevrolet went bankrupt, the city would have lost the property to the company that had a first on the property. In other words, the city would have lost the property and would still be liable for the $3,000,000 bond payments. The city did the right thing for the city by buying the property. It appears every decision by Molinari is based on who he likes and dislikes and has nothing to do with bettering the city.
When

Monterey Park, CA

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#5
Aug 17, 2010
 
The headline exclaims "Car Dealership to Stage Grand Opening..." Yet, there is no mention of a date for such event.
When -Wednesday-

Monterey Park, CA

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#6
Aug 17, 2010
 
My Bad!!! I just re read the article and found it: "Father and son team Ian and Chris Teague have taken over the old Ostrom Chevrolet and will have a grand opening Wednesday. They've changed the name to Chevrolet of Montebello." It was the second sentence and the only mention of the event in the whole piece. I glossed over it. Being the headline of the article there should be more info like what time, any raffle or refreshments ect.....
Hottie

Cerritos, CA

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#7
Aug 17, 2010
 
Damn, I ll buy a car from that guy. He is a TOTAL HOTTIE!
Corrupt City and Presiden

Monterey Park, CA

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#8
Apr 5, 2013
 
christopher teague is a crooked corrupt sick man tha he used his connection with Montebello city officials to smear a hard workin law abiding citizen because he was jealous of Yolanda Mumoz ex husband/boyfriend. The Montebello PD and the East Los Angeles and Commerce Sheriff departments have been harrsing this person since November 2012. Justice will prevail you corrupt people!!!

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