January 11, 2010
Adelanto trying to profit from selling prison to private prison company
The city is entering 2010 with depleted reserves, long-awaited commercial centers on hold and only a handful of recreational and road projects moving forward — but officials hope to gain financial footing by selling off city-owned properties.
The city is working to close two property deals they hope will replenish the city's dwindling coffer: selling the city-owned Adelanto Community Correctional Facility to private operator Geo Group, Inc. and selling or leasing the city-owned Stater Bros. Stadium baseball stadium.
"The sale of the prison becomes critical for us in 2010," City Manger Jim Hart said…
LINK - VVDailyPress.com
NOTE: The city should have sold the prison to CDCR since the department needs beds – the prison has 550-beds sitting empty right now, but the Gov, instead wants to pretend to privatize the system when economical answers are right in front of him. $29 million for 550 beds is dirt cheap for CDCR standards. You can lead a horse to water… or I guess a pony and a pig…
