Thursday, August 19, 2010

Thomson prison appraisal, fed's offer differ

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220 million price represents the average of the three appraisals … the state can accept no less than $219,932,218 for the facility.

higher than the $170 million the Obama administration requested of Congress in its 2011 budget proposal to cover both the purchase price and security upgrades.

state built the prison for $140 million in 2001, but it has remained largely unused. It costs $2 million a year to operate.

Click on the following for more details:  Thomson prison appraisal, fed's offer differ

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