In 2022, after passage of Measure H, Eureka’s huge sales tax increase, why did Eureka City Hall pass on buying the Jacobs property, stating it could not justify paying an additional $1.2 million over the appraised value of $2.8 million to meet Eureka City School’s asking price of $4 million, yet, in 2022, City Officials announced City Hall would be adding ballon payments to its pension debt payments for $6.3 million in 2022, $6.6 million in 2023, and $6.9 million in 2024? With City Hall moving forward on spending $35 million for its new “Cadillac level” corporation yard, yearly pension debt payments increasing to $8.4 million in 2029, and with a huge housing shortage, why can’t City Hall spend the extra $1.2 million and purchase the Jacobs Property?

— Patrick Cloney

 

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