By Rob Holston
September 08, 2010
My concern at this time is that the Borough is now considering the selling of the remaining 350 acres in Ward Cove to an entity that has yet to be the subject of any public awareness or public discussion. I have been told that the purchasing party, Hopen, intends on anchoring their profitability by the Plasmic Gasification of Garbage, an Alaskan Wildlife Park of sculptured animals made from used rubber tires, a bowling alley and cafeteria. Although I encourage entrepreneurism and ingenuity I, suggest that the sale of ANY parcel in Ward Cove be justified in part by the purchaser providing a viable business plan that will pass muster under the scrutiny of the Assembly, PLEADAC or some other community entity that has Ketchikan's economic development interests in mind. Each venture they propose should require a certain footprint so why can't they bid on these areas once the subdivision is in place?
The KGB has the opportunity
to make decisions that will lead to economic development or to
another quagmire of failures. Just because the KGB can divulge
itself of the responsibility of owning Ward Cove by selling to
some owner who does NOT have a viable business plan does NOT
result in the best economic development future for our community.
The original intent of the fed's $25,000,000 was for economic
development. Just because we have had 11 years and business
failures and foreclosures pass under the bridge does not change
the original intent of the money..... economic development.
Nor does the passage
I contacted the proposed purchaser of Ward Cove one month ago to determine their intent with existing lease holders and they have made no reply. I have only to conclude that their intent is to either steal the business plans of present leaseholders to adopt as their own, raise the lease amounts to make up for the lack of profitability from other business activities or simply evict all tenants and start with a clean slate. None seems fair or justified. What do you think?
Received September 07, 2010 - Published September 08, 2010
Viewpoints - Opinion Letters:
and do not necessarily reflect the opinions of Sitnews.
Your full name, city and state are required for letter publication.