Quote:
Originally Posted by smallfrie
We are giving this developer $3 million dollars to build this and bail. If they sell out at list price they will get $387 per gross sq. ft. Taxpayers are giving the developer $211 of that. Taxpayers should be entitled to a statement of all the projected income, expenses and profits on this project and after completion a statement of actual numbers
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None of that math works.
$3M (from grants, source unspecified, not necessarily tax dollars) / 24400 sq ft =/= 211
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