Posted Apr 26, 2017, 1:58 AM
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BANNED
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Join Date: Feb 2017
Posts: 38
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I can confirm that Sky City has been turned down so many times. The only option they have is to get what many in the business call a Hand-Lender agreement with a company that would merge with a lead-in finance company like Bank of America or HSBC for smaller projects.
most times this occurs when a company in europe or asia wants to get involve but have assets in the United States of America or Canada that will be held in check until (not sure how accurate) say 60% of the project has been returned.
Then Sky City could turn around and pay off debt and then allocate the funds to get the project started (once the hole is dug kind of puts the city evaluation order in check) and then bully the city to help finance the rest as its being marketed such a large project.
This is what I know the city does want to have happen and they held meetings on this topic few months ago and was warned by a city official on multiple occasions recently this could be in-play.
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