Sunday, December 23, 2007

We All Sure Hope that Abbott Builds and Soon

From Kenosha News "Pollocoff said having the $1.5 billion complex built in the village would be a good return on the $6 million to $8 million investment. The village already has spent $17 million to obtain blighted properties and install some sewer and water lines up to the Abbott tract." 20 years or less to pay off bonds is a long time and a lot of interest but I'll give them the benefit of the doubt on this one. We've heard many times it won't cost the taxpayers any money and I sure hope so. How much money did Village invest in Lakeview Corporate Park and what has been the payoff? I think we should see these numbers as it would help people understand what this type of investment has done in the past and what it can do in the future. Village really needs to get the Kenosha News behind it if they want to keep rolling along unscathed. Why the short meeting notice? If they could wait this long, what's another couple of weeks? Let's put it all in the open now.

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