Quote:
Originally Posted by John Mercier
I think lease is the word...
But for it to be worthwhile... the county is going to want more than they are currently getting, and private company is going to want a return on investment that is not hampered by the preclusion of vertical and lateral integration.
Because that is the way that you expand the profit potential over time.
The old GAC, and I believe if they are honorable - the new GAC, will seek the same path.
It will be up to the county to work out a better lease with those improvements.
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The biggest obstacle for a lease arrangement would likely be the bureaucratic process, e.g. determining a legal method to pursue it (since I don't think any GAC member claims to have that ability). There are definitely ways for the county to maximize its net proceeds from Gunstock while offloading risk. That said, I think there would be huge issues if the county attempted to let a lessee pursue the ambitious master plan as presented last year.
Quote:
Originally Posted by John Mercier
But as it stands... the $30k is the only thing really yet to be resolved.
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It sounds like there are quite a few open issues that need to be resolved, but the legal mess does seem to be an open issue.