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Thread: Morse Island Revetment Project
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Old 01-31-2024, 10:39 AM
BrianL99 BrianL99 is offline
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Originally Posted by golfing eagles View Post
Exactly!

And the value of the rock donation is between the developer, his accountants and the IRS, NOT anyone else. Even if someone might think they are an expert rock value appraiser.

The value of the rock is a public issue, when the CDC accepts a "donation" and then requires a Contractor to sort, process, transport and use that rock.

Some "rock" has a negative value.

Then again, this could have been an completely selfless and magnanimous donation by the Developer.