DUNKIRK: Under water with Boardwalk
It was a disagreement last month that made headlines in the OBSERVER. Councilman Shaun Heenan was questioning Hector Rosas, city festivals and special events coordinator, over the Dunkirk Boardwalk Market.
While the argument has some entertainment value, there is a bigger worry moving forward with the property: debt. Dunkirk residents are paying a high price for that facility, which after 10 years is beginning to show some wear and tear.
Though many in the area appreciate the Boardwalk, the reality is it stays open only five months per year, which puts tenants there in a tough situation. They pay for all 12 months.
It is such a bad deal, that it puts the city of Dunkirk in the red regarding the building. According to a 2016 report, the losses — even after income — were $42,000.
Though the argument may have been amusing, if you consider that loss for 10 years you’re talking about $420,000 — while still paying a mortgage on the building.
This would never fly in the private sector. But hey, with government it’s coming of your pocket — even if you do not use it.
For many, Heenan and Rosas saw red when discussing this piece of property. For those living in the city it’s all about the green — and that is not a good thing.