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Political Factoid
The city mayor and county executive
promised no taxpayer money would
be used for their new sport stadium.
They would just take
$200 million of public funds*
to finance the construction.
| * |
Essentially, they plan to take out
second mortgages on every taxpayer's
property, and then pay off those mortgages
over time with new tax revenues.
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cf.
934,
935
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