Monday, June 18, 2007

More Alarming Than Mere Spite

Charlie Tygard told the City Paper that some fellow council members want to "test the real estate market" and possibly sell the most valuable piece of Tennessee property (the old thermal site) to private developers.

Set the red flags to waving. Public ownership of that land makes our community much more wealthy than it would be should a clique of council members offer it to their development buddies. Only short-sighted leaders sell the long-term value of land for the short-term value of cash.

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