HomeMy WebLinkAboutWRITTEN CORRESPONDENCE - 03-00050 - Teton River Village Building #1 - 8 UnitsDENNIS F. STEVENS
122 N. 4th East, Apt. #4
Rexburg, Idaho 83440
Phone/fax: (208) 359-9966
Mr. Kurt Hibbert
Rexburg Planning & Zoning
12 N. Center
Rexburg, ID 83440
14 May 2004
Dear Mr. Hibbert:
I know that you are probably tired of hearing from me, but after previously suggesting
certain charges against the operators of the Teton Village Center, I feel that I must set
the record straight by sharing information that has just come to light. To wit:
In checking further with my source (Constantine "Chick" Hambas, comptroller and
chief operator of Pacific Theaters), I have learned that the company operating the
Teton Village Center is not Alan Ackerman's Maryland corporation called American
Family Entertainment Group but rather a Wyoming company called American Family
Entertainment Centers ("AFEC"), the latter operating out of Pinedale, Wyoming.
Although they operate identically, Hambas doesn't know if they're related but thinks
that they are both owned my Hatch Marketing and Advertising. Dan Abernathy and
Joe Linsman are the executives in charge of Hatch. Hambas suggests that of the
two, the Wyoming operation is by far the more experienced, less shady, and likely to
be the more successful. Both companies develop expandable family entertainment
centers for eventual sale or license to private investors, in other words turnkey oper-
ations. The theaters use digital equipment so that the entire center can be operated
with as few as four or five employees.
Hatch specializes in selling (local, but eventually national) advertising spots for pro-
jection on the screens prior to the start of the feature film. Rock Rabbit Productions
produces the ads, which are transmitted to the theater from a central location by
Kodak, via DSL. Rock Rabbit prides itself on the presentation of its entertaining ads,
which are often in the form of cartoons which tell a story, not unlike the ACME story
points in the old "Road Runner" cartoons.
Both the Maryland and Wyoming companies are in bed with Kodak Digital Systems.
Kodak has invested a fortune in digital technology but is still far behind Christie and
other digital projection competitors in sales. It makes sense that Kodak would team
with someone like Hatch Marketing and Advertising to get its system on the market.
Sorry about the earlier confusion and hope this sets the record straight. It certainly
does for me. In any event, I wouldn't shy away from involvement with AFEC.
;Since, ly,
Dennis F. Stevens
DENNIS F. STEVENS
122 N. 4th East, Apt. #4
Rexburg, Idaho 83440
Phone/fax: (208) 359-9966
Mr. Kurt Hibbert
Rexburg Planning & Zoning
12 N. Center
Rexburg, ID 83440
07 April 2004
Dear Mr. Hibbert:
Further my letter of the 21 April, thank you for the information you left on my
answering machine. Thanks to said information I've made contact with Mr. Alan
Ackerman, President American Family Entertainment, LLC (P.O. Box 308 Elderburg,
MD. 21784).
After checking out the company I have elected not to get involved. They are a
company with little, if any credibility in the current theater exhibitor arena. They
remind me of promoters who franchised the Jerry Lewis theaters in the late 1960s.
Those theaters were a turnkey operation whereby the promoters opened the theaters
but quickly sold the right to purchase and/or operate them to groups of individual
investors at inflated prices. The Jerry Lewis Theater promoters sold the projection
and sound equipment to the investors for up to 10 times their actual cost. After 18
months, all the theaters were closed due to a combination of inflated overhead and
lack of exhibitor experience on the part of the investors/ theater operators.
I have no way of knowing the true intent of Alan Ackerman. I only know that
installing higher cost digital equipment in a market such as Rexburg, together with
the vast limitation on product that such equipment represents, doesn't make sense
unless the promoters are counting on the 40 percent rebates (over a period of time)
currently offered under the table by Christie, a leading supplier of digital projection
equipment. Who gets this rebate, the investors or American Family Entertainment?
I wish American Family Entertainment the best of luck, but hardly think that Rex -
burg's Paramount Twin and Holiday theaters, together with the local drive-in, have
anything to worry about.
Because I have no way of knowing Ackerman's true intent, I trust that you will keep
this information confidential. I would not have written this letter if the subject of the
Teton River Village complex hadn't come up last Sunday evening, during a celebra-
tion of my mother's 90th birthday, hosted by my cousin Vicky Grover (Rexburg
Chamber of Commerce). Vicky suggested that I had a moral obligation to pass on my
concerns, even though unsubstantiated.
Warmest regards -
L
Dennis F. Stevens
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APARTMENT SUMMARY
13 12 -PI DWO • 156 UNITS
11 2 -BR - 85% = 132 UNI'T'S
02 3 -BR -I5% = 24 UNITS
PARKING
156 wm : 2.25 =
351 CARS REQUIRED
355 CARS PROVIDED
RETAIL SUMMARY
18 LANE BOWLING ALLEY - 28,200 SQ PI'
RETAIL
= 24,000 SQ PT
TOTAL
= 52,200 SQ PI'
PARKING
BOWLING - 7. 18 LANES
- 126 CARS
RETAIL - 24,000 / 250
= 96 CARS
TOTAL REQUIRED
= 222 CARS
TOTAL. PROVIDED
= 217 CARS
TETON FIVER
TETON RIVER VILLAGE
SCALE: I"= 100'-0'
IIIIIIIIII � it I!
ADDITION CY
3,400 BP
BRISTING
BUILDING
BOWLING — ua69 B<'
IMANCE
;ND I:AS'I
G ICE
CREAM
BOWLING C�
28,200 BP
PIZZA _
5,035 BP _
18 LANES
RENTAL
3,BBo aP