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Monday, October 10, 2016

FINANCIAL CONSTRAINTS





The Environmental Assessment draft is out for review.  In the beginning of this document is a statement explaining why the city needs to close the airport.  “Therefore, the city of St. Clair’s primary goal is to close the airport due to financial constraints.”   What happened to the “Chesterfield like shopping center?”  The document also goes on to say that, “the commercial development of the Proposed Action does not have an anticipated date.”

What  the city is saying here, we need to close the airport because it is costing us money.  The next question should be, Why is it costing the city money to operate the airport?  But of course the city will not say this, but the reason is because the city wants it to cost the city money to operate the airport.   Without this point closure does not make any sense.  

The tenants and the airport have been blamed for this, as if the airport was a living breathing entity that could operate by itself.   But in reality the city is responsible for this.  The city has with intent and purpose managed this airport into financial ruin to pursue a closure.   

When you look at the numbers, the money spent on this, which is over 1 million dollars, yes that is 1,000,000 as compared to the cost of keeping it open at $10,000 per year, and share this over the cost to the taxpayers, it would take over 100 years for this to pay off.  Even if you double the cost to the city to operate the airport to $20,000 it would still take over 50 years to payoff.