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Lula group says train depot deal is donation, not a sale
09042017 LULA
The CEO of the organization that is deeding over the Lula train depot to the city is speaking out to set the record straight on a transaction she describes as a generous donation and not a sale. - photo by Carlos Galarza
The CEO of the organization that is deeding over the Lula train depot to the city is speaking out to set the record straight on a transaction she describes as a generous donation and not a sale. Mere Barbee told The Times that the property is valued at 20 times more than the $9,000 the city is giving to the Lula Area Betterment Association, which she says merely reimburses the group for $5,000 in equipment members purchased and is staying with the property, along with $4,000 to pay legal fees associated with the transaction.