Joe

Would you say the same about the 589 property? I have been opposed to the sale of this property because it very well could be needed by the community twenty,thirty, forty years down the road.

I agree with you and the reasons you cite for not selling the commercial property.

Dave Ferguson noted many times that OPA, Inc. is running out of land it needs to function properly. As a small example, look at what happened with the Community Gardens episode last year.

Some past OPA BoD must have thought it was wise to acquire that land to enhance Ocean Pines. I strongly doubt it was purchased just to resell it for a profit as land speculation is not the mission of OPA, Inc.

I was opposed to the Rte. 589 land sale as a means of financing the CC. IMHO, it would have been smarter to fund the CC via a long-term loan collateralized by the Rte 589 property or other OPA property.

Gene