Thanks for your editorial regarding the folly of Beaufort Mayor Billy Keyserling's plan to use tax dollars to purchase the failed Beaufort Commerce Park.
A veritable army of organizations, individuals and agencies have beaten this dead horse for about 50 years. In its inception, a local group of investors purchased the property for an industrial park. They were the investor heroes of Beaufort in the 1960s. Some locals were miffed that they weren't included in this in-the-know group.
Alas, their venture stumbled.
County officials bailed out the project, but the venture still failed. For decades, talented and well-paid directors were hired to market the park, but their efforts proved fruitless.
A hard charge to revive the project was made in recent years by a blue-chip group led by a successful local developer. Local organizations panted for "a seat at the table" in this new effort, brightened with a new name, the Beaufort Commerce Park.
Alas, the venture failed again, and the park has ended in the reluctant hands of a bank.
The city of Beaufort, with almost $2 million of city tax dollars, proposes more whacks for this dead horse -- deja vu all over again.
While Keyserling has a plan, a better plan is for the bank to sell the property to private investors who see some pie in the sky. Perhaps the mayor can form such a group of true believers to try anew with their own money.
City taxpayers, tell Beaufort City Council, "No, no, no."
William P. Hendricks