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Post Info TOPIC: Special Fund


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Posts: 259
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Special Fund


There is a definite possibility that CC may just take what it can get in order to get it's foot in the door.  Once that happens, the Agilent tax revenues will cease and the town will be in a financially disadvantageous position to defend itself should CC decide to expand anyway and cry RLUIPA.  At that point, the Agilent tax revenues will no longer be available to defray legal costs.


Would it not be prudent at this time to put the excess of Agilent tax revenues over our current legal costs in an interest bearing trust account to fund potential future legal costs re CC?  That way, we will be able to level the financial playing field down the road and be financially able to control CC down the road if it eventually moves in and decides to test our resolve or our resources.  On the other hand, if it eventually finds a more suitable location, the money would be available for any number of useful purposes.  Makes sense to me.  Any thoughts? 


 



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Posts: 259
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PS.   The establishment of such a fund would act as a deterent to CC adopting the "foot in the door now, more feet later" strategy.

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I think those taxes represent about 50 bucks per family in town.  Clearly, most everyone will kick in an extra 50 bucks a year to fight this clown to the bitter end if necessary.

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- - - - of course, if he does get a foot in the door, RT is toast.



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