Lakeport Landing Marina Legal Woes Continue

Woodsy · 03-29-2018, 03:55 PM

Even with 1st refusal the city would have to "put it out to bid"... The issues is the city didn't put any real restrictions on the property. (keep the buildings, maintain taxable value etc)

It is my understanding Irwin plans to level the buildings and make the lot a parking lot for their customers.... so instead of the city collecting $8K (total assessment $358.7K) a year in taxes... the city will be lucky to get $1.5K a year. (Parcel is assessed @ $55.8K)

Woodsy

03-29-2018, 03:55 PM	#11
Woodsy Senior Member Join Date: May 2004 Location: Weirs Beach Posts: 1,974 Thanks: 80 Thanked 984 Times in 443 Posts	Even with 1st refusal the city would have to "put it out to bid"... The issues is the city didn't put any real restrictions on the property. (keep the buildings, maintain taxable value etc) It is my understanding Irwin plans to level the buildings and make the lot a parking lot for their customers.... so instead of the city collecting $8K (total assessment $358.7K) a year in taxes... the city will be lucky to get $1.5K a year. (Parcel is assessed @ $55.8K) Woodsy __________________ The only way to eliminate ignorant behavior is through education. You can't fix stupid.