Quote:
Originally Posted by Northendzone
so the deal is not 100% completed then because of something with people....
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The Goldwater Institute is a taxpayer advocacy group.
They're in a tough pickle because defeating the deal might cause taxpayers to lose $100 million up front.
OR, in this case, the buyer is saying their advocacy and objections might cause taxpayers to pay $100 million in additional financing costs through the next 30 years.
You're not much of a taxpayer advocacy group if you're costing taxpayers $100 million at every turn.
It almost looks like Goldwater is giving up on the bigger solution of defeating the this on grounds the city couldn't llegally enter the deal in the first place, which would render the $100 million poison pill irrelevant.
Now they're just being irritating and in danger of turning into the bad guys.
This doesn't look like a detail that will prevent closing.
Cowperson