He said at the October Board of Supervisor’s Meeting that the deal to buy the Miller Tract with Open Space Fund Money and lose over a million bucks was not nefarious (1). His point was there was nothing underhanded when he and his four other supervisors bought property identified as Open Space after a developer bought it for 25% of what the five Republican supervisors paid for it and then selling it for over a million bucks less then he and the other majority Supervisors paid for it was somehow OK.
But no one except Komelasky said his actions were nefarious. Many people questioned the transactions. Mr. Komelasky did not say it was beneficial. He didn’t list any benefit that was worth what amounted to wasting the money. He depleted the Open Space Fund. He can’t list the benefits of all the spent money because it wasn’t beneficial. He couldn’t convince anyone it was an advantage to pay $2.4 Million, almost four times as much for the Miller tract as a developer paid then lose over $1,2 million with an “M” when he sold it. Why? Because both deals were loser deals for the people of Bucks County and even worse loser deals for the people of Northampton. Bucks County lost all or part of their $800.000 + contribution when he sold the property for $1.2 million less. Or maybe the County wants to claim none of their money was lost but money was lost because of the deal.
There are ways to twist the deals and pretend they benefitted the people but the idea there was nothing wrong with overpaying then selling for less is a smart way to act. In addition, was the County entitled to get some of their money back when the property was sold?
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