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Old 02-14-2011, 08:04 PM
Advogado Advogado is offline
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Default An investment is not a contribution

Quote:
Originally Posted by LeeAndDottie View Post
You say "It appears to me that the Morse family is contributing the land and construction." I don't think you can call it a contribution when the developer builds a building then rents it out to the future occupant (Moffitt). Sounds like it is one heck of a lucrative business deal. The developer still owns the land and the building.
Yeah. The Daily Sun sure made it appear that the Developer was making a contribution, when in fact, it was an investment.

The question that I still have is what the deal is between Moffitt and the developer regarding the Developer's fund-raising campaign for Moffitt. Maybe everything is above-board and truly arm's length. Maybe not. Certainly the Developer has some skin in the game, at the very least.

I struck out (not to my surprise, I will admit) with my request to the Moffitt Center for the details about its arrangements with the Developer. However, a little transparency would be nice since Moffitt is asking for our donations. Certainly, the misrepresentations in the Daily Sun and the Developer's attempt to shake down the American Cancer Society / Relay for Life certainly should cause one to be a little suspicious about what is going on.

In commenting on the subject, one should keep in mind that the controversy is not about whether Moffitt should come here. The controversy arises as a result of the Developer-backed fund-raising drive and the tactics used to raise those funds. If Moffitt, using its own funds, were simply going to establish an office here, hire one radiologist, and rent from the Developer, we wouldn't have Lauren Ritchie articles and a hundred or so posts in this Forum.