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Do the members of the Paso Del Norte Group have a conflict of interest?

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Do the members of the Paso Del Norte Group have a conflict of interest?

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YES. There has been no full disclosure by the Paso Del Norte members about their actual or potential conflict of interest related to this plan. In 2005, the Chief Executive Officer of the PDNG went before City Council and claimed that not a single PDNG member had any property inside the historic incentive district or the redevelopment-demolition zone. Now that we have flushed the PDNG membership out into the open, we have discovered that her statement is absolutely false. Several members of the PDNGincluding Mike Dipp (owner of the Plaza Hotel that has been empty for many years), Jerry Rubin (owner of several buildings along San Antonio Street and one inside the redevelopment zone) and Steve Helbing (president of Wells Fargo) and othershave a clear conflict of interest. They will profit from the demolition of other business property inside the demolition zone. While other El Pasoans see their business properties bulldozed, these PDNG businessmen will receive incentives to redevelop the

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