Departments



Articles

Less

Letters to the Editor: Mitochondrial Disease Awareness Week
September 24th, 2011

Letters to the Editor: MEDICARE IS THE SOLUTION, NOT THE PROBLEM!
July 30th, 2011

Letters to the Editor: Letter To Editor
July 18th, 2011

Letters to the Editor: Letter: Local Mom & Pop Business Offers Free Marketing Opportunity
June 21st, 2011

Letters to the Editor: Letter: Change is Once Again Happening in Cedar Key
June 14th, 2011

Letters to the Editor: Letter: Oil Spill Claims Litigation Options Still Available
May 23rd, 2011

Letters to the Editor: Letter FROM the Editor
May 18th, 2011

Letters to the Editor: Letter: Time for a New Face
May 18th, 2011

Letters to the Editor: Letter to the Editor: Candidate Responds
May 10th, 2011

Letters to the Editor: Letter: Thank You From Candidate
May 9th, 2011

Letters to the Editor: Letter to the Editor: No Endorsement Given
May 9th, 2011

Letters to the Editor: Letter: Save Gulf Hammock
April 11th, 2011

Letters to the Editor: Letter to the Editor: What More Can We Do to Save Our Libraries?
March 28th, 2011

Letters to the Editor: Letter to the Editor: Fireworks Viewed from Seat #2
March 11th, 2011

Letters to the Editor: Letter: Fishing and Aquaculture Producers Seek Assistance in BP Claims Process
February 6th, 2011

More

Response To The Chamber

Response To The Chamber

Margy Vanlandingham

To the Editor:

Permit me to comment on the recent letter from the Chamber of Commerce vis-a-vis my campaign statement urging the City of Cedar Key to stop the Chamber subsidy. My thinking was as follows: the City bought the Creswell House in 2008 for $330,000, and renovated it in 2010 for use as a Welcome Center at a cost of $67,807. The City`s investment was thus $397,807. If the occupants of the building, the Chamber of Commerce, were to have bought the building and renovated it, and had taken out a mortgage for $400,000 at terms of 5% per year for 30 years, the mortgage payments would have been $2148 per month. Instead, the Chamber negotiated a lease with the City to rent the building for $150 per month. That represents a $2000 per month or $24,000 per year subsidy.

My position was and still is: in a tight fiscal situation which the City certainly appears to be in, that magnitude of a subsidy seems inappropriate. I did not say the Chamber isn`t spending any of their own money on the Center or that the City shouldn`t be partnering with the Chamber (although I do see a qualitative difference with the other non-profit organizations mentioned as partners). What I do believe is that the subsidy is way too large, and that the entire business community can do better than $150 per month. End of my story, and thank you for the opportunity to respond.

Click for printer friendly version

Email this article to a friend

 

 

© 2013
Cedar Key News

cedarkeynews@gmail.com