06-21-2012, 06:47 AM
The biggest problem I saw with the bond was it took too long. When the bond was in development paving was running about $80k per mile. Enough to pave HPP bow to stern. Right after About the time the bond was in place oil prices jumped substantially and paving tripled to about $240k per mile. If HPP spend less time arguing about it the whole subdivision would likely have been done under budget.
If paving costs had dropped below $80k the HPP BoD would have been called brilliant. That didn't happen.
If paving costs had dropped below $80k the HPP BoD would have been called brilliant. That didn't happen.
Assume the best and ask questions.
Punaweb moderator
Punaweb moderator