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"What was the asking price of the land on the option?" I asked."$20,000 per acre," he said."What is the going price for land now?" I asked."$50,000 per acre undeveloped, but in developed subdivisions it's going for about $150,000 per half acre lot," he said."What's the math on this?" I asked."Usable lots after roads, utilities, run off basins, etc. are about 60%. You have to figure that the caliber of homes in the type of community of this plan call for one-third to one-half acre lots. There are 400 acres. 400 times 60% is 240 acres. That's 480 one-half acre lots at $150,000 totals $72,000,000. In order to get a 12% return on $100 million, you have to market the lots for $235,000 each. The bottom line is there doesn't appear to be a need for the amount investment capital asked for on this deal," George said."Something doesn't add up here," I said. "If McKenzie has an option for the land at $20,000 per acre, he'll need less than $10 million to purchase the land. If he is supposed to be. Marilyn’s sisters squabbled as much as before, and Harriet would always listen to the last one she talked to, and she was diagnosed too far along to make a change. She died in January of 2011, and Big Bob passed in November, as much from loneliness as from the cancer. We knew it was happening, but it didn’t mean my wife didn’t grieve with the rest of the family.One truly heartbreaking event occurred in October. Stormy passed away of a bad heart while Marilyn and I were both in Kurdistan. She had been staying with Molly and Bucky, and they found her in the morning. We couldn’t even be there with her at the end. We both cried, but I couldn’t leave and fly right home. She had been with us from the 2000 campaign on and was as much a part of my Presidency as my wife or children. I didn’t know what it would be like without her.Maybe I’m just a cynic, but in my opinion most of us aren’t going to heaven. I’ve never met a dog, though, who wasn’t.2012The last couple of years had been.
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