To: jazusamo
The Navy has appraised the cost at $240 million, while San Francisco appraised it at $14 million. The city recently commissioned an independent appraisal by auditor KPMG that concluded the value was $22 million, which the city offered to pay to the Navy.BS. The only way to determine the market value is to put it up for public auction.
Why should the U.S. give away property when the national deficit is so high?
9 posted on
09/22/2009 4:50:22 PM PDT by
BigBobber
To: BigBobber; Political Junkie Too; All
I about choked when I read that $22 million figure, the view from the island alone is worth more than that.
Hat tip to Political Junkie Too for the pic of Treasure Island.
10 posted on
09/22/2009 4:58:40 PM PDT by
jazusamo
(But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
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