Speaker and Minneapolis Resident Margaret Anderson Kelleher Goes for Mall Boondoggle at the Expense of Her Home Town
From:
Dave Garland
Date:
May 01 06:42 UTC
Short link
On Thu, 1 May 2008 15:27:04 +1200 (NZST), Dan McConnell wrote:
>And the additional revenue projected will far outweigh the public subsidy.
The key word there is "projected".
(And, I guess, the question of who receives that revenue. I suspect
you're not talking about revenue to the City of Bloomington itself.)
What sort of guarantee is being offered by the mall owners? If it's
really pretty certain, with all that additional revenue they shouldn't
have any objection to guaranteeing repayment of the subsidy in X years
with Y interest.
.