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."