Friday, January 2, 2009

pool giveaway

The pool is both an asset and a liability. The residents who use the pool do NOT get to use it at 15% of the going rate, do they? The rate last Summer was $2.50 for adults and $1.50 for kids. The MDAC swim team DOES get to use our pool for less than 15% of the fair market value. The fair market value to use our pool for swim practice for three hours a day for 6 days a week was established by Gym to be $200 a month. How this was decided is not at all clear, because he has said in the past he had NO IDEA what other pools were charging! The fair market value is WHATEVER Gym says it is? Since when? When he says it was to encourage more Springs kids to join, it make NO real sense because the swimmers have gotten NONE of the benefits, and therefore there is NO incentive for them to join. The only one who benefitted was the MDAC owners, at the expense of the Springs taxpayers. It would be very interesting to see how that $200 giveaway has worked as an incentive for Springs kids to join!Another giveaway, plain and simple.

No comments: