With the sale of Proximity Park to Lightfield Energy, many people are wondering how the city could put millions of dollars into the park and only sell it for $5 million, less than a third of what has been put into it. At a recent City Commission meeting, City Attorney, Blaine Finch, went in depth about the history of economic development in Ottawa and Proximity Park. He says in this case, you can’t look at what the city gets now, you have to look to the future:
Also, there is much more to Proximity Park than just the 300 acres being sold. More on that in a future news cast.