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Old 07-11-2016, 08:33 PM
 
Location: Anchorage
742 posts, read 468,295 times
Reputation: 767

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Any one here use this water? If it cost the state so much money, how is this guy going to care for it?
State puts famous Fairbanks watering hole up for sale - Alaska Dispatch News
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Old 07-11-2016, 09:09 PM
 
Location: Interior Alaska
1,789 posts, read 1,400,015 times
Reputation: 1241
Quote:
Originally Posted by Music_Man View Post
Any one here use this water? If it cost the state so much money, how is this guy going to care for it?
State puts famous Fairbanks watering hole up for sale - Alaska Dispatch News
A lot of my friends use the Fox spring, as pretty much all of us live in damp or dry cabins. I don't and have never used it. When I lived in a dry cabin in NP I got water in town and I get delivery now.

Anyhow, I suspect that he will take care of it as a member of a very small community. He would be run out of town on rails if he didn't.

I have trouble figuring out how it costs the state $50k/yr to maintain unless they are drilling every year, which I don't think they're doing. At any rate, I am and always have been in the camp that argues that the state doesn't owe us anything and nothing is free. Maybe $50k/yr is a drop in the bucket for this guy, who knows.
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Old 07-11-2016, 09:12 PM
 
Location: Back and Beyond
2,217 posts, read 1,857,047 times
Reputation: 4830
I used to fill up my water jugs there when I lived off the Elliott highway. There's usually at least one person there and on the weekends quite a few people will be lined up waiting for water with lots of jugs. I don't really know anything about the economics of the well but perhaps a reasonable fee per gallon would help offset the costs of operation for the new owner. Even something like $.25 per 5 gallon jug would add up quickly and be affordable for the average person.

I honestly found the water to just taste like regular good well water, way better than city water but nothing special. It didn't do anything legendary for me but was definitely convenient. Some people swore by it and drove all the way in from North Pole to fill up. Now the water off the Richardson on the way to Paxson coming out the side of the mountain is good water . I always try to bring some jugs with me when heading that way. I don't think it's regulated as it's just a pipe coming out of the ground.
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Old 07-11-2016, 09:50 PM
 
Location: Interior Alaska
1,789 posts, read 1,400,015 times
Reputation: 1241
The guy's accountant told him that charging even a nominal fee would cause him tax problems, so that's off the table.
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Old 07-11-2016, 10:32 PM
 
Location: Back and Beyond
2,217 posts, read 1,857,047 times
Reputation: 4830
^Huh, I did not know that. I'm confused why he wants to buy the land and keep it open then? Just a Good Samaritan? Seems like a lot of liability for no gain. I'm not one of those types of people, but just hypothetically, what happens if someone slips and falls or otherwise gets hurt on his new property? It does get pretty icy. Is he liable?

What if it requires more repairs/maintenance and costs than he realizes and he runs out of funds to keep it running? Plus whatever state requirements he has to always abide by. Anyways, If I had to guess, it's either going to close down before long, OR he's planning on selling for a profit in the future. Then there's the off chance that's he's one of the few good people left and this is just his way of giving back to the community. Who knows?

Last edited by 6.7traveler; 07-11-2016 at 10:41 PM..
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Old 07-12-2016, 11:08 AM
 
Location: NP
573 posts, read 775,497 times
Reputation: 561
The parcel of land that the spring (now well) was on was originally bought by DOT as part of the Elliott Highway project in 1966. That area was prone to severe glaciation and DOT bought the parcel in order to be able to mitigate the glaciation and protect the road. The person wanting to buy the spring parcel now owns the larger parcel of land from which the spring parcel originally came from, and by state administrative code, he is defined as the "adjoining" landowner and has first right of refusal. If he decides to not buy, then the land is put up for sale to the public.
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Old 07-12-2016, 11:15 AM
 
Location: Interior Alaska
1,789 posts, read 1,400,015 times
Reputation: 1241
Quote:
Originally Posted by 6.7traveler View Post
^Huh, I did not know that. I'm confused why he wants to buy the land and keep it open then? Just a Good Samaritan? Seems like a lot of liability for no gain. I'm not one of those types of people, but just hypothetically, what happens if someone slips and falls or otherwise gets hurt on his new property? It does get pretty icy. Is he liable?

What if it requires more repairs/maintenance and costs than he realizes and he runs out of funds to keep it running? Plus whatever state requirements he has to always abide by. Anyways, If I had to guess, it's either going to close down before long, OR he's planning on selling for a profit in the future. Then there's the off chance that's he's one of the few good people left and this is just his way of giving back to the community. Who knows?
Yes, my understanding is that he wants to purchase it so that people can continue to use the water source. If he has the funds to support that little venture for $50k/yr then an umbrella policy for liability should not be an issue for him, and they're not that expensive (if you have that kind of money).

I could be way off base, but I don't think that his intent is to flip it for cash, particularly since there does not currently seem to be a way to even make it break even.

Again, I don't know this guy from Adam, but I have known a lot of people in my life who did this sort of thing just because they were good people who wanted to do something good for their community. My grandma is one of them, and my childhood best friend's dad is another. Over the years he has donated, contributed many millions of dollars to support neat projects in my hometown.
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Old 07-12-2016, 11:32 AM
 
Location: Wasilla, AK
2,433 posts, read 3,553,463 times
Reputation: 1758
If it costs the state $50K a year, I'll be he can do it for far, far less. I would guess the only real cost would be the electricity for the pump and the quarterly water tests.
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Old 07-12-2016, 11:36 AM
 
Location: Back and Beyond
2,217 posts, read 1,857,047 times
Reputation: 4830
Well good for him and the community for him just wanting to keep it open. It could of very easily been a neighbor who wanted to buy it and close it down or sell it. Anyways, hopefully it's able to stay open forthe foreseeable future.

I did finally read the article and found one comment slightly funny.
"In a town that hates government, they want the government to provide a free well" or something similar along those lines. I found it funny because it's partly true up here.

Yeah it would be interesting to find out exactly how much it costs him to keep it operational. I agree that it's got to be way less than $50k. State workers.......
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Old 07-12-2016, 12:52 PM
 
Location: Interior Alaska
1,789 posts, read 1,400,015 times
Reputation: 1241
Quote:
Originally Posted by 6.7traveler View Post
Well good for him and the community for him just wanting to keep it open. It could of very easily been a neighbor who wanted to buy it and close it down or sell it. Anyways, hopefully it's able to stay open forthe foreseeable future.

I did finally read the article and found one comment slightly funny.
"In a town that hates government, they want the government to provide a free well" or something similar along those lines. I found it funny because it's partly true up here.

Yeah it would be interesting to find out exactly how much it costs him to keep it operational. I agree that it's got to be way less than $50k. State workers.......
Uh huh!! Hey, that is not "partly true," that is what we call "truth talk."

Yeah, I can't even come up with $50k if I calculate labor using an inflated, burdened labor rate. There must be something happening there that I'm not considering.

I want to say again that I don't know this guy from Adam, so I could be 100% wrong about his intentions.
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