A reasonable question to be asked by a member of the Board of Estimates (City’s finanace committee), what’s the bottom line? The answer was . . . well . . . I’m not sure what the answer was. It went something like this.
$2.2M to buy the Truman Olson site.
$425,000 to buy the Nakoosa site (but hey, its just a paper transaction!).
$160,000 to fix the soil on the Nakoosa site cuz you can build on the fill that is there.
$??? for environmental clean up on the Nakoosa site.
$??? to assist Goodwill in finding another site.
And I think they said $1.3 to build the road on the Truman Olson site. So the bottom line is . . . what?
And all of this so we can do what? We haven’t exactly said now have we. We said something vague like “economic development”. And, I just learned the other day, we can’t make any money on the land we purchase from the Army for 3 years. Can you feel your wallet getting lighter? And see your taxes going up?
