Quote:
Originally Posted by Mike B.  clueless,
Your answer was good! I understand exactly what you are saying...maybe I should have asked "why not let the private sector own and operate the sec if it's such a good deal?"
I do appreciate your input...I'm always open minded...to new ideas...Lord knows I don't have all the answers but somewhere working together I think this community needs to think outside the box. I believe we need to incorperate the private sector more. The city and county are fine but partnering with private interprise could ease the tax burden concerning costly issues such as this. |
I agree completely. Public-private partnerships can be very successful to both parties. But, we have to be honest that many folk seem to never trust the private investor - always claiming profit-interest and ignoring the benefit. Partnership means bringing both interests to the table.
Private investment is profit oriented - to give stakeholders a return on their investment. Public investment is not oriented toward making a profit - its directed at providing community infrastructure and services, and enhancing our quality of life.
Those two issues are so simple, yet we can't seem to separate them. We want public services to be profitable, and we want private businesses to do things for free.
However, if you put the two together, you can have very successful projects. There has to be a very open agenda - all agreements clearly understood. There has to be trust on both sides. Real growth in a community comes from good planning and sharing of development costs with the understanding that 'Private' is looking for return on their investment, and 'Public' is looking for increased tax revenues. That mission can be accomplished, but how do you find trust between the parties?
12-31-2007, 02:33 AM
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