3 sneaky commissioners bought Awful-Fun for a half million buck$.

[Bubba]

Originally Posted by Made in the USA

Didn't this thing get some City or County money when it was built?? Seems like I remember a loan, grant, or something from the local Government.

Yes there was a loan that was paid back in full, and in advance of when it was due.

[Bubba]

Originally Posted by lurker

The taxes are current... the owner of record has too much to lose by letting them slide.

The details of the contract between the sittee and the owner would be an interesting read... if they're made public? If the owner retains ownership during the three year period, then his taxes will be due and payable (about $45,000 per year) while he will receive $30,000 from US. Unless the sittee pays the tax obligation (again, US), he will have to cough-up an additional $15,000 to meet the obligation. The insurance will be on US.

Let's run the cheap numbers:

"Lease" $30,000
Taxes $45,000
$75,000

If we have 100 days of operation (this is simple math) we'll need $750 per day just to pay those two costs. Insurance, utilities, maintenance, labor and "special projects" director costs aren't included.

The city doesn't pay taxes. Government is exempt. So if they are only open 4 days per week they only need to make less than $150 to pay for the lease.

[Bubba]

Dear Mike B.,

There is more water usage than just evaporation. The "chemistry" of the water will have to be kept at the correct ph, conductivity(mineral build-up), etc. That will be accomplished by chemicals and blowdow of old water and adding new water. You would be suprised at how much water would be used.

[lurker]

Originally Posted by Bubba

The city doesn't pay taxes. Government is exempt. So if they are only open 4 days per week they only need to make less than $150 to pay for the lease.

If the owner retains ownership during the three year period, then his taxes will be due and payable

The city must own the property to be exempt from those taxes. Tax abatements require the city/county to be the owner of record.

[Bubba]

Even then, according to that info, the city wouldn't be required to pay the taxes. I'll find out the exact details at christmas and post more then.

[The Drifter]

Originally Posted by Army_of_One

Maybe they should open one of them there taco stands next to it that some on here speak so highly of.

those places are great man...cheap tacos and burritos at good prices...i love it man. the one down by leonard tire...try it out some time. i tried goin last night but i guess they dont like to work in the rain.

[TexKan]

Only white folks are gonna go out in the rain for a taco............ LOL

[Army_of_One]

Originally Posted by The Drifter

those places are great man...cheap tacos and burritos at good prices...i love it man. the one down by leonard tire...try it out some time. i tried goin last night but i guess they dont like to work in the rain.

I like the taco stands too. I LOVE Taco's Jalisco...they have the BEST Torta's.

[Mike B.]

Bubba,

You may be right! I may not know how much water is actually used during a season. I'll try looking into it some more!

TexKan,

I did not mean to offend you but our current pool does have an aluminum lining which is rusting away, allowing water to seep out. (Which may not be a bad idea)

The old pool was made of concrete. They last forever! (almost)

[Tee]

aluminum rusts?