A week ago, County Commissioners voted to approve what is laughingly(1) called a lease extension — a net 75 year lease that only resembles a sale.
Lets put the lease document aside for the moment and just look at the initial cash windfall into county coffers. According to the new contract, Union County will receive a lump sum of $54 million in January 2012.
The following WSOC-TV news-clip lays out a couple ideas.
So the $54 million question is just what to do with that all money??? Project Legacy? Project Iron-horse? or Frank Aikmus’ Project Tax Break! (visit Frank’s Facebook page: Citizens for Union County Tax Relief)
Commissioner Todd Johnson (Vice Chair) alludes to other ideas as quoted in the WSOC-TV report; “There are other issues that we need to worry about, different capital improvements.” Johnson said, “There’s also debt.”
According to the WSOC-TV report the question of a tax-cut will be on the Dec. 5 Commissioners agenda.
- Only in certain in Union County political circles does something that looks, walks and quacks like a
ducksale called a lease extension [↩]