Tuesday, July 31, 2007

A good start

Selling this property is win-win in terms of the revenue it will bring in through the sale, as well as through taxes in the future. Plus it will continue the path of redevelopment of areas such as those along North Avenue, particularly if the buyer decides to put a mixed-use development there.

Athens-Clarke County has already decided what to do with the revenue from the sale, but I'm going to differ and put out a different approach - one I'll concede might not even by feasible since it's unclear whether or not the money has to go toward something such as building improvements - but wouldn't this be a nice amount of starter funds to get a pool of insurance for small business owners started (as was originally sugggested by Partners for a Prosperous Athens - Page 15)?

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