ponto
September 12th, 2006, 12:50 AM
Opinion: Editorial by the Ledger Independent
Two missions to pursue
In our estimation, the decision of city commission to take on the Cox Building as its next project was a wise one.
Rehabbing the building will be a tremendous plus for the downtown and indications are that it may spur other property owners to invest in the area.
Read complete editorial - LINK (http://www.maysville-online.com/articles/2006/09/11/opinion/editorial/710maryann.txt)
The above is the editorial line taken by the Local Newspaper, I think it would be nice to know how much money the city is planning on spending to rehab this old building and what use it will be put to before they start spending our tax dollars.
In this day and age of high construction material costs, repairs necessary related to code items in commercial buildings and the manpower required in such an extensive rehab, one should question the return on investment.
Some people agree that fixing up old buildings is one of the coolest things around, but for a city to take on such a romantic venture may not be in the best interest of all the citizens.
No business plan was in place when the rehab of the convention center was started and the cost turned out to be much higher than some anticipated. Some doubt if the convention center will turn a profit anytime soon.
Two missions to pursue
In our estimation, the decision of city commission to take on the Cox Building as its next project was a wise one.
Rehabbing the building will be a tremendous plus for the downtown and indications are that it may spur other property owners to invest in the area.
Read complete editorial - LINK (http://www.maysville-online.com/articles/2006/09/11/opinion/editorial/710maryann.txt)
The above is the editorial line taken by the Local Newspaper, I think it would be nice to know how much money the city is planning on spending to rehab this old building and what use it will be put to before they start spending our tax dollars.
In this day and age of high construction material costs, repairs necessary related to code items in commercial buildings and the manpower required in such an extensive rehab, one should question the return on investment.
Some people agree that fixing up old buildings is one of the coolest things around, but for a city to take on such a romantic venture may not be in the best interest of all the citizens.
No business plan was in place when the rehab of the convention center was started and the cost turned out to be much higher than some anticipated. Some doubt if the convention center will turn a profit anytime soon.