Must Read: Will the OPEB Ostriches Ever Run Out of Excuses?

Wormtown Comment

 According to the article: “Augustus said the $3 million sale occurred almost by happenstance, as the city never considered buying properties just to sell at a profit to fund the ballpark. The city didn’t originally want to purchase the properties at 85 Green St and 5-7 Gold St for the stadium, but bought them for $10 after the owners of those properties insisted the city include them in a package deal for land the city did not want.”

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Editor's comment:  Can you send link to this we can not find this.







Comments

wormtown said…
https://www.wbjournal.com/article/worcesters-30-year-plan-to-have-polar-park-pay-for-itself-has-hit-a-rough-patch-as-the-city
Anonymous said…
I don't have a subscription so I could not read the article". I did look on the Assessors property records like another commenter said and there is no way anyone would sell 85 Green Street for $10. Look at the photo. This makes no sense at all.
Anonymous said…
This is an example of the new math they are teaching nowadays.
Anonymous said…
Augustus is quoted in the article about following his North Star. His problem is he forgot the three wise men during the negotiations.
Anonymous said…
A couple of funny comments but on a serious note the Worcester Business Journal didn't do a good job reporting this matter. If you could figure this out they should have.