tag:blogger.com,1999:blog-10635442.post5431410659779153968..comments2023-10-21T03:07:18.017-05:00Comments on Enclave: A Cautionary Tale on Municipalities Purchasing Private Property for Large ProjectsS-townMikehttp://www.blogger.com/profile/05948307051485318061noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-10635442.post-39530676229858335342009-05-11T12:19:00.000-05:002009-05-11T12:19:00.000-05:00Dear frequently anonymous spellingchecker: you'll ...Dear frequently anonymous spellingchecker: you'll have to take that up with the news dept. at the Dallas Morning News. For my part, even though that info was unclear I was charitable and assumed that they meant that the original appraisal was $20 million less than the $60 million eventually budgeted. Arlington officials would have been really short-sighted if they only budgeted for the original $40 million appraisal without allowing latitude for the higher expenses due to property owner disputes.<br /><br />Hence, the point of criticism is not that the $80 million is twice as much as the original appraisals, but that the $60 million was not a forward-looking-enough estimate of actual expenses in light of the appraisals. But again, if you are not willing to give the math the benefit of the doubt that I am, then those you should be holding accountable are the journalists in Dallas.S-townMikehttps://www.blogger.com/profile/05948307051485318061noreply@blogger.comtag:blogger.com,1999:blog-10635442.post-24848056573654313152009-05-11T12:03:00.000-05:002009-05-11T12:03:00.000-05:00Projected land acquisition costs at $60 million, c...Projected land acquisition costs at $60 million, coming in at $80 million represents a substantial increase, but it wouldn't be doubleAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-10635442.post-23910028976934661442009-05-11T08:24:00.000-05:002009-05-11T08:24:00.000-05:00Changed, thanks.Changed, thanks.S-townMikehttps://www.blogger.com/profile/05948307051485318061noreply@blogger.comtag:blogger.com,1999:blog-10635442.post-27810001152416993902009-05-11T07:35:00.000-05:002009-05-11T07:35:00.000-05:00Mike,
I think you meant $80 Million. $80 billion...Mike,<br /><br />I think you meant $80 Million. $80 billion would certainly be some big inflation.Cliffhttps://www.blogger.com/profile/17512804778279330856noreply@blogger.com