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<blockquote data-quote="eyexer" data-source="post: 148663" data-attributes="member: 315">Ouch,&nbsp; &nbsp;&nbsp; Seems to me I read that the city had some mineral acres that they leased, Are there any wells on city land ?&nbsp;&nbsp; Did they fix up the roads before the money ran out ?</blockquote>there are actually half a dozen wells within the city limits.&nbsp; However most are there due to anexation and the city has very little mineral rights. There really is no benefit to them.&nbsp; The city is in a world of hurt financially right now.&nbsp; With this down turn and property valuations dropping I don't see a light at the end of the tunnel.&nbsp; The fire dept. alone has spent so much extra money they had to steel from every other division in the city to pay for their overages.&nbsp; It's a runaway train.&nbsp; And they haven't even started building the new airport that they just have to have.&nbsp; Their only hope is for the state to bail them out.&nbsp; I don't see that happening.- - - Updated - - -it isn't.&nbsp; but the shear dollar amount difference is staggering.&nbsp; When this boom first started the city was extremely reluctant to get involved with anything because they had lost something like 28 million from the last boom lol.&nbsp; That won't even pay the interest they owe now.&nbsp; It's not even comparable.&nbsp; It's like a pimple on a rhino's ass.[/QUOTE]

[QUOTE="eyexer, post: 148663, member: 315"] Ouch, Seems to me I read that the city had some mineral acres that they leased, Are there any wells on city land ? Did they fix up the roads before the money ran out ?[/QUOTE]there are actually half a dozen wells within the city limits. However most are there due to anexation and the city has very little mineral rights. There really is no benefit to them. The city is in a world of hurt financially right now. With this down turn and property valuations dropping I don't see a light at the end of the tunnel. The fire dept. alone has spent so much extra money they had to steel from every other division in the city to pay for their overages. It's a runaway train. And they haven't even started building the new airport that they just have to have. Their only hope is for the state to bail them out. I don't see that happening. [COLOR="silver"][SIZE=1]- - - Updated - - -[/SIZE][/COLOR] it isn't. but the shear dollar amount difference is staggering. When this boom first started the city was extremely reluctant to get involved with anything because they had lost something like 28 million from the last boom lol. That won't even pay the interest they owe now. It's not even comparable. It's like a pimple on a rhino's ass. [/QUOTE]

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