Reply to DCPS students shafted again - sign petition to keep Jelleff field public

Forum Index » DC Public and Public Charter Schools

Reply to "DCPS students shafted again - sign petition to keep Jelleff field public"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I went poking around on old DC OCFO stuff and - do I read it right that DC was proposing a budget of about $58 million for DPR capital improvements in FY11? https://cfo.dc.gov/sites/default/files/dc/sites/ocfo/publication/attachments/ocfo_fy2011_fy2016_capital_improvements_plan.pdf

This sounds like a situation where $1 million would be nice, but is nothing DC needed in order to choose between maintaining/repairing and selling off rights to a particular DPR site. In context, a deal like this sounds less about the money and more about the self-serving connections among DC's elite and the lack of mass engagement in DC politics.[/quote]

The Maret spend is over nine years so it's only $100K per year. Peanuts.[/quote]

The city owns the lands, which it bought for over $15m in 2008. It immediately gave the land to Maret in 2009 for $2.5m in capital investments in exchange for a 10 year lease of the prime time hours after school. So basically Maret paid $250K per year to rent the land, which was a waaaaaaaay below market price.

And now? Maret will “rent” the land for only $900K in capital improvements over the course of the next 9 years. Meanwhile, the value of the land is certainly worth way more than the $15m paid by the city back in 2008.

Basically, Maret is borrowing $15m of city money at a very, very low interest rate while controlling what happens to the land and who gets to use it. Nice racket, if you can get it. But it’s the epitome of the “private sector” mooching from the government thru corruption.[/quote]

DPR controls permitting. Not Maret. So 32 weeks of the year, anyone can use the field through DPR permitting during the 2 hour afternoon time. And 52 weeks a year, people can request DPR permits during the other usable hours at Jelleff. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics