Comments on: BEST Request For Tucker’s Point Financials

By: Triangle Drifter

Triangle Drifter — Thu, 17 Mar 2011 13:09:43 +0000

TP is a private company &, as such, the company financials are no business of the public. The Government is not selling land to TP. TP already owns it. What the Government IS doing is changing land zoned woodland reserve which, because of the zoning is commercially worthless, into land zoned res 2 making it worth millions.

It is a real estate thing. Nothing really to do with tourism or long term jobs.

By: W.T.F.???

W.T.F.??? — Thu, 17 Mar 2011 01:49:28 +0000

WHAT are they scared of us seeing?
the truth or that they have faked their Financials???

By: Cleancut

Cleancut — Wed, 16 Mar 2011 22:26:20 +0000

If Tuckers Point Fails the PLP fail again. One hand helping each other. Both in debt to the Millions. Give the land away to stimulate the economy. The Goverment would sell the Cabinet building if the right price came along, or even the Post Office and Transport.

By: Triangle Drifter

Triangle Drifter — Wed, 16 Mar 2011 21:39:42 +0000

Thats about it there Robbie. You don’t have to be too very smart to be able to figure it out. The bailout for the Government comes in huge land tax fees these 70 houses would attract. The way the progressive landtax system works a very small proportion of homes, such as these being proposed, pay the vast majority of landtax collected. They have gotten us in a hole so deep they are willing to sell out for anything.

Desperation. The Premier needs to fire the Finance Minister.

By: RobbieM

RobbieM — Wed, 16 Mar 2011 21:01:50 +0000

Well, well. The chickens come home to roost! So we are allowing the destruction of our unique natural environment for the benefit of a bunch of non-Bermudians! Who will benefit from all the residential units to be built? A few Bermudians in the short-term (during construction) but in the long run, it is the foreign owners who will ‘make out like bandits’! Can you imagine if you owned woodland, arable or conservation land (virtually worthless in dollar terms) and the Government came along and re-zoned it residential 2 so you could put 3-story condominiums on the entire piece! A positive windfall, as will be the case for Tucker’s Point if the SDO is passed on Friday! This whole SDO request is entirely real estate speculation, not a tourism initiative, as is being presented by TPC. A way for TPC to pay off their massive debts!

By: Terry

Terry — Wed, 16 Mar 2011 19:13:22 +0000

Whats really ‘best’ for us all.

Stay tuned. In the up and comming years you’ll see I was not off my rocker. Lawn chair maybe…