Metra's 1st real estate purchase deemed 'sinking money pit,' the ABC7 I-Team reported last month
A review by the Metra board Wednesday has found "no ethical concerns" so far with their Harvey Summit Laboratories hand sanitizer warehouse purchase.The Metra board on Wednesday concluded there was "no indication of ethical concerns" surrounding the purchase and development of a storage warehouse that has ballooned in costs for taxpayers.ABC7 Chicago is now streaming 24/7.
The costs were due in part to Metra buying the property "as is" and not realizing how many repairs were necessary to make the building functional. At Metra's board of directors' meeting on Wednesday, Director Mimi Rodman said in the last month, the board formed a committee to review the project. "We have found no indication, based on all of our work, of any ethical concerns regarding Metra's purchase or development of the Harvey warehouse," Rodman told the board."It's clear some mistakes were made in the process of acquiring and rehabbing the property. But not in the purchase of the property," Brown said. "As we saw, it's the right purchase, it's the right location, it fills our need for space and room to grow to do more with that property.
Finds 'No Ethical Concerns' So Far Harvey Summit Laboratories Hand Sanitizer Warehou Hand Sanitizer Sale Metra's First-Ever Real Estate Purchase Harvey Warehouse Buried It In Sinking Money Pit Summit Laboratories Abc7 I Team 15066162
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