Friday, January 27, 2012

Common Good snapshot

The Gurn has been sent a link to "Sounding Off" by Bill McAlister on the Inverness Courier site. His article this week is entitled "Inverness Common Good Fund is the envy of the Highlands".

Bill details the results of several generations of good management of the Inverness fund and gives details of other Common Good Funds in the Highlands. This is what he has to say about Nairn's:

"Nairn has one but it is around 3 million in debt and the lucrative sale of 86 acres of Common Good land at Sandown, on the A96 on the Inverness side, appears to have fallen through. The land's value, which was 14 million four years ago, has nosedived."

Full article here


Anonymous said...

When our new community centre is in need of replacement, will Nairnites thank the previous generation for selling off the community good lands at Sandown and leaving little or no assets, I doubt it
At least Inverness has had the vision to rent some of their land which gives both an income and control over it

Anonymous said...

It won't matter because they blame us for everything anyway. It's our fault there is so called global warming.when in actual fact if you look back to the 50's, 60's and 70s you,ll find we were more planet friendly than they ever have a hope of becoming.