Trinity proposal for CMP strong, but unethical?

August 15, 2008

The Trinity Capital’s proposal for the Community Maritime Park is strong. They commit to finding private financing for anything in the two phases of the park that the $40 million won’t pay for.

Read ( trinitycmpaletter.pdf)

However, this is my question – why didn’t they propose this the first time? Did the local guys on the Trinity Capital team think they could slip one by and use the Good Old Boy network to get it done?

Also, what is the purpose of the RFP process if the master developers can change their proposals after the bids are open?

There are ethical and integrity issues involved here. Maybe the CMPA master developer should be picked at an auction…letting both side continually raise their bids.

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