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"My Town and Yours"

  "My Town and Yours"  Thoughts and  Observations of Mark Lange

An Economic No Brainer

The purchase of the building at 316 Main in Vincennes by the Urban Enterprize Zone Board is a no brainer.  For $15,000 they get the building that houses the Knox County Chamber of Commerce and has enough room for another entity.  The Old Northwest Territory Art Guild will move into that space and it looks like almost everyone wins.

KCARC gets a non-performing asset - the building - off its books.  The City and County will no longer have the continuing bills for rent for the building and the City will not have the rent on the current Old Northwest Territory Art Guild location to pay each year.  The 316 Main building's roof will get repaired with money already allocated by the city.

The Chamber of Commerce and Art Guild both really deserve help with their location costs and the Urban Enterprize Zone Board is the organization that should really help them.

Nice move.

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07/25/2013 6:25AM
An Economic No Brainer
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