[StBernard] Proposal -- Golf Course-Buyouts

[Westley Annis]

Ronnie,
 
keep in mind that the golf course is just a concept-  if that much area
was to be bought so many ideas come to mind (NASCAR Track, manmade lake
communities, etc)  keep the ideas coming.
 
Craig 
 
-----Original Message-----

Ronnie,
 
I agree with your concern.  In the redevelopment issue such as a golf
course, the idea would be that your property would still have to be
bought.
The ideal scenario would be for the property to be funded by a private
buyout which is not insurance limited.  The other part of the proposal
is
that there will be some homes that may fit in the footprint for
redevelopment and will not be touched.  It is an absolute that we will
not
take the property without appropriate compensation.  We undoubtedly will
have to work through many situations such as this.  The best plan is if
we
are able to follow the pattern of the initial Baker Bill which allows
compensation for redevelopment without insurance benefit deduction.
 
Thanks for the feedback- please keep it coming.
 
Craig