Originally Posted By: Jeff Peters
HWS was worried about paying a "street benefit". They own property on South Main, Pultney, Hamilton and St. Clare and that is a lot of frontage.

but yet they spent $25 million for a performance center, spent millions to build their football field / stadium / athletic center, spent millions buying taxable properties on south main street, hamilton street, st. clair and taking them off the tax rolls, spent a large sum of money to build a 10 foot tall wrought iron fence with large brick colums (every 10 feet) around the perimeter of their campus

have hws sell those properties they have concerns with and put them back on the tax rolls if their $200 million endowment is in such financial crisis

Note - 25% poverty rate in the city of geneva