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Remember the bean plant

Published: Thursday, Oct. 25, 2012 11:11 a.m. CDT

From Mike Lang

Creston

As you prepare to vote for county supervisors next month, there are a few things you should keep in mind.

About eight years ago, the board of supervisors voted unanimously to issue bonds to build a bean processing plant. There was no vote by the public. The bonds were to be repaid by the revenue produced by the bean plant. As you know, the plant declared bankruptcy, and Union County property taxpayers became responsible for the repayment of the bonds with interest.

Look at the property tax bill you paid just last month. On that bill, you were assessed 48.47 cents per thousand dollars of assessed valuation. If your house is assessed at $50,000, you will pay $24.24 for the bean plant. The bonds will not be retired until 2017.

One of the candidates this year is Bob Brown, who voted to approve the sale of the bonds. The others are gone. It is time to retire Bob Brown.

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