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Reality Check

did you miss the piece on the news today that a 4th California municipality is about to default on its debt and declare bankruptcy?

In the 3 cases which have already taken place, service cuts, employee pay cuts, property tax increase.

Is that what you want for Wilmington? This ballpark issue could be the issue which pushes the city over the cliff when the ball team owner moves the team in 2 or 3 years.

I just don't get it. Do you own that overpriced piece of river front acreage? Or, do you work for the bank which holds the mortgage on the over priced river front acreage? Or do you view this as your means to vault from the local job market to a baseball team management slot?

Past time for some clear thinking. Past time for all of those over inflated estimates, which even NSS admitted, and face the light of day.

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