Whether I believe it or not, being shown figures that indicate that Worthington Ford is one of the top 10 generators of sales taxes for Long Beach, made it near impossible to vote against approving a federal loan of $600,000 for retaining the dealership here in Long Beach.
I am appalled that Ford would offer Worthington a considerable amount of money to leave Long Beach especially since Ford shares about 28% of the sales tax generated at the shopping center where Worthington is located. But losing this tax generator for any reason would be catastrophic for the city.
It now remains to be seen if HUD will approve the $400,000 not available currently. Should that not happen it will be interesting to see if Worthington will remain without the additional $400,000 considering that Ford offered him close to $2million to move.
