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[quote=Anonymous][quote=Anonymous][quote=Anonymous]The land acquisition did involve debt.  And the MacArthur campus's assessed value is less than $20 million, including the buildings.  So when that parcel is sold the school will have less money, less land, and fewer facilities than it started out with[/b].  [/quote]

Why criticizing for the sake of criticizing? I don´t get it.
[/quote]

More a matter of providing facts for the sake of accuracy.  Previous poster claimed there was no debt -- that the school paid cash after consulting with parents.  Not true.  Assumption seems to be that GDS will have a larger campus because of the land acquisition -- if there's consolidation and commercial development, that won't be true.  Posters contend this purchase will be lucrative for GDS -- it might produce a revenue stream eventually, but it will require a massive infusion of donations to rebuild facilities -- sale of the lower school campus won't cover that.  Won't even cover the cost of land acquisition unless the L/MS campus sells for twice its assessed value.  These are relevant facts for assessing the potential implications of the purchase.

And it's funny to see the notion that (potential) GDS parents should just trust the "experts" and not be critical.  Historically, that's not the GDS way!  [/quote]

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