OCEAN CITY — Despite the presentation of some last-minute statistical data, Ocean City officials were not inclined to rescind a deal to purchase a downtown parcel that will ultimately be used as a new public works facility for the Boardwalk tram.
Two weeks ago, the Mayor and Council approved an ordinance authorizing the purchase of a handful of parcels in the area of 2nd Street and St. Louis Avenue for a future Public Works maintenance area and staging area for the Boardwalk tram. The tram is currently maintained at a location on South 1st Street known as the Whiteside facility.
The Whiteside facility is nearing the end of its useful life and replacing it has been listed as a high priority in Ocean City’s long-term strategic plan. A potential replacement location was identified as the parcels on 2nd Street and St. Louis Avenue and two weeks ago, the Mayor and Council approved an ordinance authorizing the purchase for $2 million with an upfront investment of $400,000. The remaining $1.6 million will be financed with the sale of a 10-year general obligation bond offered at a low interest rate.
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Prediction: Harrison group will eventually own the Whiteside property to re-develop the Inlet Lodge property. I bet that's why this whole shady deal is going down.
ReplyDeleteCan't condemn OC when Ricky boy did the same type of stupid deal for the parking area where the old mall used to be when the owners still owe back taxes / fines and the pile of trash still there because it has a high amount of asbestos and other toxic material mixed with the dirt / stone.
ReplyDeleteWhy is the tram even needed?
ReplyDeleteLiberals find it so easy to spend 'OPM' - other people's money.
ReplyDeletethe tram is needed to carry heavy people on sight seeing of boardwalk after they visit thrashers and get cotton candy and taffy at Dolle's
ReplyDeleteNo need to even bring up that EYESORE 94th Street Mall issue. For the last 20 years, the mindset downtown is that a huge wave will swaaaoooosh that toxic mall and Tony Christ away...someday...over the rainbow!
ReplyDeleteGood Reality - Tony and the mall still exist and City Hall is still I pain!