Saw this in the paper this morning: City staff: Wait on seeking Peary Court lender.
So Key West voters are supposed to vote on purchasing Peary Court without having any idea what the terms of the loan are?
So you walk onto a used a car lot. You see a car you might be interested in. It looks to be in good condition but you haven’t checked. The price is really, really high. It’ll take everything you’ve got saved up plus a big loan.
The salesman insists that you sign the paperwork first. Only then will he reveal the terms of the loan.
Does that sound smart?