Monday, March 02, 2009

Auditor General Says State Should Hold Off On Sale Of Building - News Story - WPXI Pittsburgh

Way to go Jack Wagner.
Auditor General Says State Should Hold Off On Sale Of Building - News Story - WPXI Pittsburgh: "Pennsylvania Auditor General Jack Wagner said Monday that the commonwealth should postpone plans to sell the State Office Building in Pittsburgh because of the weak economy.

'A financial transaction in these depressed market conditions amounts to a fire sale that is not in the best interest of taxpayers,' Wagner said in a letter sent to James Creedon, secretary of Pennsylvania's Department of General Services.
I'm "sold." Good logic.

However, I'd be happy to sell the Convention Center at a fire sale. Sell it to the slots parlor owner and then he could put slots in a part of the Convention Center next week.

Sell Heinz Field to the Steelers.

Sell PNC Park to the Pirates.

Sell things that cost money to maintain. Sell those facilities at a price that equals what is still owed on the facilities.

Sell the Pittsburgh Airport.

Sell the assets of the Pittsburgh Parking Authority. Don't lease the parking garages for 30 or 99 years -- sell them.

Sell them for fair prices -- and sell them over a course of years, if necessary.

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