Thursday, August 27, 2015

Today's Palm Beach Post Editorial

The Palm Beach Post's editorial today was on our casino. It was a pretty good editorial even including the propaganda of Hudson Holding's that said that their only motive is to make a better beachfront and downtown for future Gulfstream Hotel guests and the public at large. If you're going to incorporate a self-serving opinion from the developer who hasn't done one thing to his Gulfstream Hotel in 15 months but manage to get code violations and one lien, quote a resident or two with another view.

There were just two flaws in the Post's analysis:

The Post said that "Lake Worth officials should be calling the shots," not a developer.  I say, it is the residents of Lake Worth who should be calling the shots and they have already spoken just a few years ago.  Countless meetings with charettes and countless hours of discussion came up with what we have today--a beautiful beach park. The other is the Post's continued insistence that we can't pay back our loan. They fail to tell you that the money was borrowed from two city funds that will have zero impact with the reduced payment amount.

We are proud of our beach complex that cost $13 million and our new casino that just opened three years ago.  We just want developers to keep their hands off our beach.

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