View Single Post
  #9  
Old Posted Feb 8, 2011, 5:50 PM
Highinthesky Highinthesky is offline
Beefeater
 
Join Date: Dec 2010
Location: London
Posts: 379
I'm not saying I disagree with the conclusion that over the long term a new City Hall is the best thing for the city. However in the short term 50 million is a lot of money for the city to come up with given the current environment of budget cuts and zero tax increases. There is the borrowing route but that has its own costs as well, even with the low rates municipalities can borrow at we would be talking about millions in interest over the life the loans.

I hope it works but I just don't think its as simple as this is the best thing for the long term so lets do it.
Reply With Quote