Re: Stop Sale of Public Land to Developers, Promote a Green City
Posted by JPhurst on 2017/3/20 22:12:16
It's really simple. Until we pass a law excluding funds from the sale of city assets from being used in the general budget, there will be an incentive to sell city assets to balance the budgets and make the current administration look good. This has been going on for decades.
Some years ago the Parking Authority was running in the red and sold a parking lot to balance it's budget. It's like the milkman selling his cow, right?
Except when they don't, like in the case of SciTechSCity, in which case opponents will say "You should just sell it to the highest bidder and give taxpayers relief!" (Not saying you fall into this category).
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