Your bid to buy the derelict movie theatre which the previous two owners could not make viable, is apparently the winning bid. Now, with another 3 or 4 million in renovations, you will be able to ......
|Council Reviewing Plans|
But, never mind.....it will no longer be on the tax rolls and will be supported by the taxpayers rather than have it provide tax revenue to the town.
It makes me wonder if there is any private business anywhere that would commit to a multi million dollar investment without having developed a business plan or even done any serious market research. Why would a municipality make such a commitment without having a firm plan for it's use? Wouldn't it make more sense to have a demonstrated NEED before investing taxpayer dollars?