I share Mr. Pickens’ wise approach of caution when faced with a deal seemingly “too good to be true” and urge others to do the same.
As legendary oilman T. Boone Pickens said, “I may have been born at night, but it wasn’t last night.”Do the folks who created this new fiefdom assume they will simply be given every Municipality of Anchorage asset currently used to support Eagle River? Do they assume the taxpayers of Anchorage will forgo their tax-dollar investments in all those same assets? Consider public safety.
What if the MOA wants cash for its assets? Will we “Make Alaska Great Again” and return to the days of seemingly unlimited oil revenues, where a special state grant will easily reimburse the Municipality of Anchorage and also provide a generous additional appropriation of state cash — seed money for the “new and improved” Eagle River? Will the state then again grant generous bond debt reimbursement to minimize property...
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