Quote:
Originally Posted by FlyingScot
I agree that there is a monthly rent they could pay to make this fair from a financial perspective. But let's stop saying the dock is worth $100K to the town. If I promised to give you a $100K (as new) dock 25 years from now, after it had sat in the water for the past 25 years, how much would you be willing to pay today?
|
They asked for 10-20 years according to the article, no reason to doubt that. You're already up to 25 years ? Fake news....deflate your # by ~ 75% and you're more in the ballpark.
What I would say is thank you for the pier I will own in (my guestimate) 5-10 years, and thank you for the taxes you will be paying me on your revenue the whole time. And also thanks for employing a couple dozen of my taxpayers as well.
Muchas Gracias.