Wednesday, March 28, 2007

Airport For Sale

Over the past ten years, it has become obvious that we, the City of Worcester, does not belong in the airport business. This year alone, the airport will cost the tax-payers of Worcester (after the MassPort subsidy) approximately $1,800,000. I have been exhorting the City of Worcester to sell the airport for three years now so to see it in the paper today is good news.

Right away we save $1,800,000 if someone else takes over the airport. At the same time, however, the airport although it has gone unrealized is an asset and we should not sell a valuable asset like this on cheap. My main concern right now is that it seems that we are only in discussions with MassPort. We should be conducting a nationwide effort extolling the virtues of this modern airport "FOR SALE" and getting the best possible deal for the tax-payers..

3 Comments:

At 3:03 PM, Anonymous Anonymous said...

you right on airport.

imagine $1,800,000 put back to work to plug gap for schools, police, etc.

we could fix barbara haler crap district. or maybe she could give all the money to raise for her self.

 
At 11:31 PM, Anonymous Anonymous said...

This asset that is by your own admission is losing millions a year is a highly valuable asset? I am confused, which is it a money pit or a priceless diamond?

 
At 7:31 AM, Blogger Bill Randell said...

Anonymous:

The land, the infrastructure has an inherent value. Although it has been mismanaged, it should not be given away for nothing.

What I am trying to say is that the City of Worcester should most definately not be in the airport business, but we should get fair market value from whoeevr takes over the airport.

Bill

 

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