Whidbey General Hospital commissioners faced a tough decision Monday when they moved to sell undeveloped property in Bayview that was purchased by a past board years ago at a highly inflated price, and without an appraisal.
Should they hold onto land that no longer fits the hospital’s long-range plans in the vain hope that one day its value — $595,000 in 2013 — will match the 2008 purchase price of $2 million, or sell now in an attempt to recoup some of that investment?