Oct

24

The ghost of Credit Card Kay

October 24, 2007 |

Two pieces today on the issue of city debt.  First, the City Council is working on a new policy to establish limits on public debt and reign in some of the excesses of the last four years.

Second, a report that some under-performing TIF projects are expected to cost taxpayers $1.5 million a year.  Projects like the Muehlebach Hotel, Uptown Theater, and Chouteau Crossing strip mall are financed with debt that is backed by the city, so taxpayers make up the difference when they run a deficit.  If the Power & Light District loses money that number could go up close to $4 million a year.


Comments

2 Comments so far

  1. www.topcreditcardsadvice.info » The ghost of Credit Card Kay on October 25, 2007 2:03 am

    [...] William Rockhill Nelson created an interesting post today on The ghost of Credit Card Kay.Here’s a short outline:Two pieces today on the issue of city debt. First, the City Council is working on a new policy to establish limits on public debt and reign in some of the excesses of the last four years. Second, a report that some under-performing TIF … [...]

  2. mainstream on October 26, 2007 11:55 pm

    Kay Barnes just backs up theory that women do spend more with a credit card.

    Everyone knew Larry Sells wouldn’t pull through with his concoction ideas with TIF along Broadway. He all along plan to do just the Uptown Theatre. But the TIF commission approved to it.

Name (required)

Email (required)

Website

Speak your mind

Geotagging plugin by eMich.