Cary Bid to Host Olympics

When my kids received Target gift cards for Christmas, they could not wait to spend them. It was as if they believed the cards would vaporize if not used quickly. Such is the attitude of our Cary Town Council who, with their first budget surplus ($14M I understand) in a long time, could not wait to spend it. Here's a list of things they could have spent the money on:

1. Put it in the bank for the next time we have to pay for expanded water/sewage treatment facilities to support runaway growth......... Nope
2. Use the money to support existing cost structure, and further reduce impact fees to builders. Surprised this did not occur to them....... Nope
   
3. Use this toward a 'pay-it-forward' deal with the state to fund the western loop of the outer beltline....... Nope
4. Lower the property tax rate, in hopes of increasing runaway growth..... Nope
5. Buy trailers and give them to the school system, in the hopes of avoiding MYR. $14M buys a lot of trailers.......Nope

Instead, they decided to build a $30M redundant aquatics center.

The best explanation I can come up with is that the Town of Cary is secretly planning a bid to host the 2024 summer Olympic games, and this is the first of many required capital investments. Next up, the Cary Velodrome !!

By the way, anyone who missed the Cary News Opinion piece by Terry Thorne should give it a read, an excellent synopsis of our Cary Government's failures.