Royal feudalism

To the Editor:

With regard to the obvious feudalism going on currently in St. Johnsbury, it is easy to determine who the feudal ruler really is. Shame!

First and foremost any credible financial institution, concerning a large project equal to the Pomerleau renovation, would have required a letter-of-intent, a signed utility lease (meaning a lease of at least 20 years) to be recorded in the land records, given the amount of capital investment and a business plan to any private business. In addition, they well could have asked that all utilities, be covered by separate entrances (to include electrical and phone blocks to ground, fax and cat #5) (as part of the lease -- to be paid by the leasee). Beyond, a requirement of escalation, a clause to cover the constant rising cost of fuel, each and every year.

If in fact a letter-of-intent does exist and a signed agreement of any kind can be found I do not believe it has been shared for (public review) -- at the very least offered for discussion.

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