Quote:
Originally Posted by OMG!WTF!
Oh yeah. I wonder if anyone mentioned to these guys they could just buy a
1/4 section and live a nice, pastoral life in the country.
It's kind of important to remember why this is happening in the first place. Repairing the utilities underground was estimated at 6 million for repairs and maintenance, 10 million for a complete replacement. Really nothing in the big picture. If they'd done it in 2006 it would be paid for by now with lot fees and property taxes.
And it's important to remember what's going to happen to the land...it's going to be developed to its highest and best use. It's going to generate millions in capital sales and millions in property tax.
It's fairly reasonable to suggest the tenants who have contributed to this property for over 40 years should at least benefit from some of this gain.
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I believe the city has $$$$ in their eyes and will take whatever PR hit comes their way in order to get this done.