Tim Stabosz announces LaPorte mayoral run

Stabosz

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Timothy Stabosz, of 1501 Michigan Avenue, announces that he has filed to run for mayor of the City of LaPorte. Stabosz, 50, is running in the May 7 Republican primary. Currently, his sole opponent on the GOP ticket is former State Representative Tom Dermody. Stabosz is a La Porte City Councilman-At-Large, and previously served as 3rd Ward City Councilman from 2004-2007.  

“After careful consideration, I have decided it is time for me to step up and offer myself to a higher level of service to the citizens of LaPorte,” Stabosz said. “Over the time of my lengthy service on the council, I have been involved in all aspects of city government, and believe the time is right for me to now seek to be a figure of guidance, direction, inspiration, and leadership for our city and our people. I do not take this decision lightly, and I am humbled and honored to be in this position.”  

Stabosz, who makes his living as a private investor (primarily in the stock market), currently serves as a member of the Finance Committee, the Traffic Commission, and as the council’s liaison to the Redevelopment Commission. He has previously served as a Plan Commission member and a member of the Historic Preservation Commission.  

“My experience in both city government, and as a financial professional, are the things that will allow me to hit the ground running as mayor, and distinguish me as a candidate,” Stabosz said.  “I have lived for 27 years in the city, virtually my entire adult life. I am selflessly committed to its betterment. I have no higher aspirations and I plan to stay put and finish my term, if elected.”

In terms of his involvement in the community, Stabosz is currently Vice President of People Engaged in Preservation, having previously served as its treasurer.  He is also on the Board of Directors of the Parents Television Council, a nationwide not-for-profit, whose mission is to protect children and families from graphic sex, violence and profanity in the media because of their proven long-term harmful effects.

Stabosz received 12 years of Catholic education prior to attending college. He graduated from DePaul University with a B.S. in Accounting in 1990, sat for the CPA exam that year, and was hired by the federal government fresh out of college as a financial institution examiner. It was during this time that he developed his love for research and investing, which he says dates back to his first purchase of common stock when he was 10 years old.  

“By the time I was in my early 20s, I had learned the value of thinking outside the box, and the power of sound analysis in investing, that is founded in a value-oriented approach. Where this applies to running the city is that I am extremely thrifty, and want to always make sure that our citizens get the best value for their tax dollar.  The buck stops with the mayor, after all, and I will spare no effort in making sure the city budget is run as we all seek to run our family budgets.”

Stabosz continued, “A key part of mayoral leadership is setting vision and tone, listening to all stakeholders in the process, and then executing in order to get to the desired destination. One of the major strengths that I have is knowledge and interest in a number of areas that are key to a mayor being successful. First, my background in business, finance, and financial management means you have someone who has his arms completely around the budgeting process, right off the bat, who will work hand-in-hand with the Clerk-Treasurer’s office. Secondly, I have a passionate interest in the areas that allow a mayor to set vision and lead. These include the areas of city planning and zoning, and an understanding how we can best utilize the strengths of our lakes, parks and historic architecture to make LaPorte what I call a ‘Quality of Life Destination.’ Proper goal setting will serve to attract outside investment, and the entrepreneurial, artistic and technological classes, to our city. In the end, the goal is to secure all the things that make LaPorte great, while bringing about focused and smart growth, which will allow our children to stay and make their livings here. We will do this without falling into the self-limiting belief that we are desperate, and have to accept ANY kind of investment, selling the city’s soul in the process, for a form of development that actually harms our city. That is a false choice, and I will not tolerate such short-sightedness or be pressured to sacrifice the long-term interests of the city and its people to the powerful and privileged.” (Stabosz has recently been outspoken in condemning a proposed multi-family housing development on Fish Trap Lake, where the council, under Stabosz’s leadership, originally required the developer to follow the waterfront protection standards that apply to 7 of LaPorte’s largest lakes. The council then dramatically reversed itself, with Stabosz the lone dissenting vote, removing the requirement after the developer threatened to abandon the project.)

Stabosz observed, “One of the most important jobs a mayor has is to protect the city and its people, our unique way of life, and to be a figure of security and reassurance. To always tell the truth, to have integrity and be strong, to be fair and unbiased, and to never breach the public trust, is my absolute commitment to all LaPorteans. I believe in empowering people and in delegating responsibility and letting people flourish, while providing appropriate oversight. The role of mayor is a role that I am ready to fulfill, and I look forward to presenting my case over the coming months for why I am the best person for the job.” He concluded, “If elected, I will provide integrity, vision and principled leadership for LaPorte, and I will always do what is right for LaPorte.”

16 Responses to “Tim Stabosz announces LaPorte mayoral run”

  1. Phil Jennings

    Feb 01. 2019

    TIm Stabosz has no place in City Government, let alone as Mayor. While highly intelligent Tim lacks common sense skills, communication ability and overall nimbleness required to make quick decisions for the betterment of our Town. He is a black & white guy in a grey world. His draconian policies over the years show an unwillingness to listen, e.g. remember the no sandwich board advertisement stink for downtown businesses, or the code enforcement fiascos (all the while Tim has dilapidated properties on Indiana and Monroe Avenue) and the most recent Pine Lake development issue. Tim believes LaPorte is an entity that would benefit from his heavy handed policies just like how he steam rolls the small companies he acquires through hostile takeover. Read up on Tim Stabosz….he is not what he portrays himself to be.

    Reply to this comment
    • Rob

      Feb 02. 2019

      Tim lacks common sense skills. communication ability, and overall nimbleness required to make quick decisions for the betterment of our Town.

      LOL…just replace Tim with Trump and town with country and you got it right

      Reply to this comment
    • AUH2O

      Feb 24. 2019

      I certainly HOPE, that during this LaPorte Mayoral campaign, that such frequency of spurious attempts at name calling with little detailed proofs of such accusations are kept at a respectful minimum…and if one wishes to cast aspersions of either candidate, one is prepared to elaborate in the next breath! This has clearly not been done here.

      What I was AMUSED by, in Mr. Jennings’ commentary, is the INCONSISTENT LOGIC OF HIS VITRIOL, REGARDLESS of the facts. In the first part, he tries to wrongly paste Mr. Stabosz as “lacking the nimbleness to make quick decisions”. But toward the end of his cross-eyed vitriol, he then says that Tim exhibits “heavy handed policies” and “steam rolls companies”. HOW CAN A SUPPOSED PERSON LACKING NIMBLENESS AND ABILITY TO MAKE QUICK DECISIONS **EVER** BE HEAVY HANDED AS WELL AS ONE WHO COULD EVER STEAM ROLL COMPANIES ON WALL STREET??? HMMMM… 🙂

      Full Disclosure: I well know Tim Stabosz, a long time and true LaPortean and personal friend of high ethics if ever there was one. At best, Mr. Jennings, you mistake intelligent, deliberate, and skillful/hard nosed business analysis and decision making for “timidity” and inability to make quick decisions… Well sir, I would rather have (in business and in government) a GOOD decision than merely a quick decision. I would rather have a skilled and experienced businessman who’s deeply dealt with the financial intracacies of Wall Street to astutely manage LaPorte’s tax dollars and priorities in a wise and frugal manner. I STAND WITH TIM…as a person, friend, and now candidate for Mayor. Proof of my trust in him is that, upon his sage advice and deliberate, detailed counsel, I have made significant profits in stock investments in firms he recommended — for very very good reasons from his most solid analysis. I TRUST HIM FOR HIS LEARNED AND EXPERIENCED COUNSEL. He does the most SOLID work in his analysis of companies/issues — AND I LITERALLY PUT MY MONEY ON he doing the very same thing with the trust LaPorteans will give him in this race for Mayor come November.

      Reply to this comment
  2. Bob

    Feb 02. 2019

    I don’t know, Phil. That bow tie is pretty convincing.

    Reply to this comment
  3. Lynn Lisarelli

    Feb 02. 2019

    I have to agree with Mr. Jennings. Ex-Mayor Kathy Chroback once demanded his resignation for valid reasons, and he refused to tender it.
    I consider myself an Independent, yet will declare Republican in the primary just to vote for the other guy running against him.

    Reply to this comment
  4. ILUVLP

    Feb 03. 2019

    BBB – Bring Back Blair

    Reply to this comment
  5. Tonya James

    Feb 04. 2019

    Tom Dermody for mayor!!

    Reply to this comment
  6. Mike

    Feb 04. 2019

    In my limited dealings with Mr. Stabosz, I found him extremely arrogant and condescending, but lacking the common sense to back said arrogance up. I most definitely can not see myself supporting his candidacy.

    Reply to this comment
  7. sharon dettmer

    Feb 05. 2019

    Well now, folks with the posts: I, for one, will wait to allow all candidates to present their agendas and plans for the future of La Porte before articulating any voting commitment to any candidate for Mayor. I do consider track records — who has remained a constant force to make our city a better place to live. Who has survived the trenches of local politics, the insults, the failures and the successes of implementing policy in local government that will make our community a better place to live. It should be interesting to be sure.

    Reply to this comment
  8. Mike L

    Feb 05. 2019

    Mr. Stabosz is NOT from Laporte, he is extremely questionable at best in the very basics of government and the intent of the founders. His lack of skill in nearly every facet of communication is reflected in Mr. Jennings response. And, he feels entitled simply because he does NOTHING for a living. From his threats to the citizenry (He called the Laporte electorate “STUPID” in the 2007 election cycle) to his threats to small business owners in general…(Cheesy signs) he doesn’t even deserve to be in the position of dog catcher. As a native Laportean…I would vote for Stalin before I voted for this person.

    Reply to this comment
  9. Chuka

    Feb 05. 2019

    Until he takes responsibility for his properties, he cannot be responsible for any other issues in a timely, normal manner certainly not a city!. This house sits between 2 historic houses. He does not care. His lack of action speak louder than his stilted rhetoric! He only wants to tell others what to do.

    Reply to this comment
  10. Lynn Lisarelli

    Feb 05. 2019

    I must correct my own error. It was Blair Milo, not Kathy Chroback, who demanded Mr. Stabosz’s resignation from whatever he was on at the time (perhaps the City Council), but his arrogance in refusing was not of good character.

    Reply to this comment
  11. Hewitt Heiserman

    Mar 17. 2019

    I don’t live in LaPorte. But I read and contribute to Seeking Alpha, an investing website. I have read many articles by Mr. Stabosz in the last three months, and am now familiar with his writing style. He uses big words, upper cases (“Now hear me!”), and projects how the rest of us should behave.

    If Mr. Stabosz can identify the mysterious AUH20 as someone other than himself or family, I will contribute $100 to a charity of his choice.

    Reply to this comment
    • AUH2O

      Mar 18. 2019

      Dear Mr. Heiserman…

      Why does it matter who says what…versus what is said? Your curiosity is the stuff of mindless gossip! I meant what I said in praise of Mr, Stabosz…and still stand by it 100%.

      And not that I owe you (or anyone) an explaination: But my pen name of AUH2O stands for “Goldwater” — my political hero. If you do an ounce of research, you’d find that I am a very politically informed, very active commentor on various national websites (example: Newsmax.com) on various Federal “issues of the day”.

      Sadly: Given my staunch, conservative political philosophies (like Barry Goldwater) and the current political climate of attempted threats and intimidations by the rabid left, I PREFER AND REQUIRE, for the safety and security of I and my family, to REMAIN anonymous, sir!

      I hold positive assumptions that you will understand, sir. But PLEASE…do not malign a truly good man seeking to do humble public service for his fellow LaPorteans. I know, having run for Federal office, how much GUTS it takes to put up with all the B.S. (like you’re unfounded accusation here that somehow Tim is me…).

      P.S. You may now pay that $100 to the charity of Tim Stabosz’s choice…probably the LaPorte Preservation Society (ANOTHER selfless endeavor of Mr. Stabosz’s for the people of LaPorte)… 🙂

      Reply to this comment
      • gobnaitx

        Mar 29. 2019

        I’d have to assume that someone who, “having run for Federal (sic) office,” must already be well known for his “staunch, conservative political philosophies.” I’d say Mr. Heiserman’s money is still safely in his wallet if that’s the best denial he’s gonna get.

        Reply to this comment
  12. Ashley

    Mar 27. 2019

    This guy would wreck this town if he became Mayor. He seems more like a dictator than anything else!

    Reply to this comment

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