How about building our new city hall for free?

How about building our new city hall for

free?

Hard to fathom, but yes an option that should be considered

Fact – our new city hall will cost approximately $8 million plus $3 million- $4 million for the meeting rooms that the community wants.  A total cost of $11 million– $12 million.

Fact – the property where the current city hall is today has a resale value of anywhere from $7 million - $12 million.

Fact – the public works property has little to no resale value because it is designated in a floodplain

What if we turned lemons into lemonade?

What if we were able to get FEMA to re-designate the public works property to a buildable site?  Poof – instantly we find a $12 million asset!

And the floodplain designation, itself, is old news.  This site has not been reassessed since SC Edison spent $122 million on flood control.  Time to take a fresh look at this sight.  Lots of hurdles but well worth the investment of time and a small amount of funds.

Our city can not afford a $12 million new city hall.  But we could build one for free!

Next steps – the Del Mar City Council needs to add this option to the list for the community to consider.

Jim Benedict

Del Mar

   
-

Comments

Be relevant, respectful, honest, discreet and responsible. Commenting Rules