Quote:
Originally Posted by Sidney Crosby's Hat
They can't issue the bonds at anything more than 6% as they don't have a parking study which would show the ability to recover funds at anything more than 6%. Right now the rate is 9%. That would cost the city an extra $100 million over 30 years (bringing it to $350 million). They would lose in court and lose big.
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And who is going to bring suit? Goldwater? I'll beleive it when I see it. Until then they are self aggrandizing blowhards.