Pool the other one.

There’s an old joke in which, after hearing a tall tale the respondant says “if I believe that you have a bridge to sell me right?”. The underlying sentiment is one of incredulity at the private sale of public assets. Nonetheless, that’s exactly what is happening South of the border down Wodonga way.

So if you’re in the market for a pool and have a lazy couple of mill lying around, why not lash out on Wodonga’s Stanley Street complex. Seems the site is up for bids to try to bankroll the two million dollar shortfall in Wodonga council’s budget for the proposed aquatic centre. $2.3 million to be precise, and that’s just for stage one. Nice.

Perhaps ratepayers should breathe a sigh of relief that the financial burden isn’t being transferred directly ont onto them…yet.

Instead Wodonga council is haling a hearty “come in spinner” to local buisinesses by trying to peddle them a two million dollar pig-in-a-poke in the form of the Stanley Street pool site.

The kicker though is that not only does the council want to flogg off the land at a rate that would make JD Rockefeller blush, they also want to tell the purchaser what they can and can’t do with it.

Such chutzpah one rareley sees, at least among the law-abiding.

 

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About alburywodongaonline

Hi I'm Jack Stone (a pseudonym), I'm a long-time Albury resident and I think it's a great place to live and work. I have a strong interest in local events and media and I started this site because I think a different perspective is often needed when reporting local news. I take a keen interest in local politics, as well as what's going on at the state and federal level, I'm also a supporter of social justice issues, the envirionment and the need for people to have a say in the events that effect their lives. I'm a fan of the Border Bandits and I'd love to see both teams take the flag this year, and next year, and maybe the one after that too.
This entry was posted in Council, Editorial, Lifestyle, Local Government, Wodonga. Bookmark the permalink.

14 Responses to Pool the other one.

  1. raydixon says:

    What a load of waffle (not by you, by the council). They’re going to “workshop it”. F%#k, why not just … sell it?

  2. I think ultimately they will sell it, how do you like the price though? $2.3 million!!! How do you suppose that stacks up with current market price for real estate?
    I see Peter Marshall (Wodonga council CEO) has called it a day the very day after this latest pool fiasco.
    Surely there’s no connection there.

  3. raydixon says:

    I’m not familiar with the site but I can’t recall any Wodonga CBD sales approaching anything that high.

    The CEO’s job will be highly contested, as it probably pays close to $200,000 per year. Feel like applying?

    That pool’s looking a long way off and they might just be trying to stall the process ahead of the election – then they’ll announce, “sorry, we haven’t got enough money.”

  4. No, from memory the site itself is well under an acre in size and hardly what you’d call “premium”.
    Obviously there is development potential to be had but the asking price of $2.3 million for the first cab off the rank is a stretch to say the very least.
    The scenario you suggest probably isn’t far from the truth actually, eventually when they do drop the premise of the aquatic centre as an electoral “sweetner” they will have used it to get a new housing development fast-tracked AND re-elected on a “pro-development” platform.
    Pretty sneaky huh? Too bad to the people who put in an early deposit on a piece of white elephant box rise in the belief that the aquatic centre would raise the market value of the property.

  5. raydixon says:

    To me the aquatic centre would lower the value, if I lived near it. All those screaming kids and their mothers would be enough to make me turn redneck and buy a gun.

    What is it about ‘locals’ and swimming pools? It’s the same over here, half the town wants a multi-million dollar acquatic centre. Idiots.

    Hmm, not a bad way of getting elected – just promise the plebs a pool and bingo, I’ll be in. Then I could tell ’em, “In your dreams”.

  6. Well it’s too late for them to do anything about it AFTER the election isn’t it? Then the punters have a whole three years to forget about all the double dealings, broken promises and general lies and deciet before they “go with what they know” all over again.

  7. raydixon says:

    Actually all Vic councillors will be elected for 4-year terms from November on, AWOL. It’s too long. I think councillors should be elected for one or two years only. It’s too easy to elect a dud, as no one knows much about the candidates and it’s a lot different to electing a State or Federal Govt, where you know what the parties policies are going in (basically).

  8. four years does seem an excessively long time I agree, the damage done by a dud council being given an extra twelve months to wear a grove in their official seats can take a lot longer to un-do.

    Let’s hope common sense prevails in November eh?

  9. raydixon says:

    It won’t prevail around here in Alpine. I’ve noticed that every council we elect seems to be worse than the one before it – and does less.

    It seems the less ideas you have the more likely it is you’ll get elected. In fact I’m considering a lobotmy, which should make me a shoe-in.

    Me and Daz, eh? (he doesn’t need a lobotmy, the alcohol has done it for him).

  10. JR says:

    My money is on someone ready to plonk down whatever it takes for the Stanley St site AND the old cop shop site next door.

  11. Whatever it takes huh? That could be a lot of bickies if the council start a bidding war.
    Well who knows? real estate can be a fickle buisiness I guess, who can say for sure? Personally I still think $2.3 mill is a stretch but I’m no property expert.
    I do know that no long term good ever came from artificially inflating property prices in the short term.
    What’s that saying? “you can’t fool all the people all the time, but if you do it just once it lasts for four years”.

  12. JR says:

    Nah! You can fool most of the people ALL the time. The four year term just means another year to make the suckers forget the mistake of wasting their vote.

    And as far as the 2.3M is concerned, it’s peanuts when considering an international class hospitality complex.

  13. Sheraton Wodonga? Fantastic, it can go in right after the cinema.

  14. raydixon says:

    an international class hospitality complex.

    To cater for Wodonga’s “international” tourists I suppose? That’s hopeful. I think Wodonga should just concentrate on attracting more residents and modernising the CBD. I actually like what they’re doing but they might be getting ahead of themselves with a few of the ideas like the cinema complex, the pool and now (presumably) the Wodonga Hilton.

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