Sunday March 7 2010
A dilemma is a situation in which all possible outcomes have unfavorable consequences. That is now the situation facing Incarnate Word here in SA. I have given up trying to link to the on line SA Express, but if you have the Sunday paper, this is a front page article. Now
the City has occupied a piece of land between the Zoo and Incarnate Word since 1920.
Now IW wants it for an art building and fencing center
but, the head of the Zoo Conservancy will not hear of that
The Mayor 'only an activity that is consistent with nature is proper for this site'
The President of IW notes it has essentially been a storage and dump for many years…
the President of IW wants a 50 year lease
The Zoo Board notes that is longer than most of us will be alive, sounds like a sale to them,
and that is where I am going, a capital lease is essentially a sale in that the lessee has the property for 75% of its life, in this case it is the lives of the people that are the issue.
IW is land locked, beats me….
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