Serving Lincoln County for more than a century!
Serving Lincoln County for more than a century!
What is wrong with this picture?
The State of Washington loaned the PDA (Public Development Authority) $1.4 million dollars to build the Creston Bio Energy Plant. The operator left and the PDA was not able to keep up on the payments. The PDA then turns the project back over to the State of Washington. The state then sells the property for $213,000 to a private party.
What a poor investment for the taxpayers. We spend $1.4 million on a plant only worth $213,000. How did this happen? No wonder the state is in financial trouble.
Now we add insult to injury as the state DOT (Dept. of Transpiration...
Reader Comments(0)