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"the county is able to rent it out, as long as it doesn’t make money off the deal" Can somebody explain the logic here? I can see why you wouldn't want to ren
by jpatokal 12y ago
"the county is able to rent it out, as long as it doesn’t make money off the deal"
Can somebody explain the logic here? I can see why you wouldn't want to rent out an operational jail at a profit, but what's wrong with making a "profit" (read: tiny dent in the huge losses incurred in building the damn thing) if it's sitting there empty and unused?
- Fomite 12y agoI presume its tied to the tax-exempt status of the bonds that funded it, preventing the county from building a tax exempt jail and then, for example, leasing it to a private prison company.
- jmtulloss 12y agoAccording to the article, it's against the conditions of the bond that was voted on by taxpayers. My guess is that they put that in the original bond in order to ensure that a functioning prison wouldn't become a county profit center (something that may have turned off voters).