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To: Personal Responsibility

The city plans to issue $275 million in bonds to pay for the new Convention Center wing. Up to 49% of the new revenue generated by the two projects — taxes and lease revenue — would be used to pay off that debt.


8 posted on 08/09/2011 3:39:18 PM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: NormsRevenge

$1.2 Billion? Wait until the final bill comes in. I’ll bet it’s 3 times that.


29 posted on 08/09/2011 3:58:43 PM PDT by RC2
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To: NormsRevenge

Debt from LA, LOL, only the rackets would take the risk.


33 posted on 08/09/2011 4:08:35 PM PDT by org.whodat (What does the Republican party stand for////??? absolutely nothing.)
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