In the meantime, however, the East Square developers have passed another month without any visible progress on the project. October has come and gone. Does anyone know if they hand delivered another check for $25,042 in liquidated damages to the City of Fayetteville that backed the project with TIF bonds? That would be helpful for a city administration that is paying off $3.7 million in bonds to support the development and is facing a $2.3 million budget deficit that could drain the city's reserves and force deep cuts in essential services next year.
Sunday, November 4, 2007
Just Checking
In the meantime, however, the East Square developers have passed another month without any visible progress on the project. October has come and gone. Does anyone know if they hand delivered another check for $25,042 in liquidated damages to the City of Fayetteville that backed the project with TIF bonds? That would be helpful for a city administration that is paying off $3.7 million in bonds to support the development and is facing a $2.3 million budget deficit that could drain the city's reserves and force deep cuts in essential services next year.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment