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Williston Airport
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<blockquote data-quote="eyexer" data-source="post: 239940" data-attributes="member: 315"><p>Old airport had to be moved. No question about that. However, they paid like 15 million for the land. It was essentially one section I believe. That's insane. But it was the good old boy greasing job. This was actually pretty worthless pasture land. So not like he was selling prime farm land. So I wonder if all land like that will see their tax assess valuations skyrocket lol. Going to be about 280 million for the new airport. The feds are paying a decent sized portion of that. But the site the current airport sits on is worth a large amount of money. I think the city is going to end up about 50 million in debt if I remember correctly But they're over 200 million in debt now so what the hell is another 50 going to hurt lol. I personally don't believe the city of Williston will ever be out of debt. And could well be the first city in ND to file for bankruptcy. The state refuses to share much of the oil revenue with them. Nor do they give them much back in the form of sales tax money. Even though Williston is the #1 collector of sales tax in the state. Even over Fargo.</p></blockquote><p></p>
[QUOTE="eyexer, post: 239940, member: 315"] Old airport had to be moved. No question about that. However, they paid like 15 million for the land. It was essentially one section I believe. That's insane. But it was the good old boy greasing job. This was actually pretty worthless pasture land. So not like he was selling prime farm land. So I wonder if all land like that will see their tax assess valuations skyrocket lol. Going to be about 280 million for the new airport. The feds are paying a decent sized portion of that. But the site the current airport sits on is worth a large amount of money. I think the city is going to end up about 50 million in debt if I remember correctly But they're over 200 million in debt now so what the hell is another 50 going to hurt lol. I personally don't believe the city of Williston will ever be out of debt. And could well be the first city in ND to file for bankruptcy. The state refuses to share much of the oil revenue with them. Nor do they give them much back in the form of sales tax money. Even though Williston is the #1 collector of sales tax in the state. Even over Fargo. [/QUOTE]
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