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Old 02-25-2022, 07:34 PM   #16
John Mercier
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Quote:
Originally Posted by map View Post
Bingo! I know several members of the delegation and the goal is transparency. It’s taxpayer money after all.
The commission has been pretty transparent. I think we would be better served with a few basic questions on the proposal before us... but I don't think that was the point.

Obviously being offered $5 million for the lease of land, along with a percentage of profits from the operation of the hotel - maybe the restaurant? - is interesting.

I can presume the $5 million is a one time payment, and the commission would like to use that in advancing the capital investment in Gunstock; but what about the profit sharing?

Would the profit sharing go toward the county budget? What is the profit sharing details? How due we prevent the hotel/restaurant operators from cooking the books? Just lots of questions for the taxpayer of Belknap County.

But I think to get more revenue... and maybe pay more to the county... Gunstock would need to add something to the venue.
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