Tuesday, April 22, 2008

City Council Mtg

Marv Dixon may have said it best tonight. Are there any items in the Kalahari package that are deal breakers for him. This sums up what a lot of us feel, there are bits and pieces of the package that we don't like, but would you turn down the benefits because of it?

He went on to state "it took less time for the Continental Congress to form the nation" in relation to having talked about this for 8 months. Every day that we don't get Kalahari, delays 10k in revenue.

Of course Girvan voted 'No' twice. There was a squabble at the beginning of the meeting. She wants to talk about the 800 jobs in the incentive package. Early on, in some memos, and in verbal, Kalahari talked about 900 or 1000 jobs. Like they could ever put that in a minimum bar incentive.

Here's the deal, ANY INTELLIGENT BUSINESS is going to hedge their numbers when an incentive package is 100% dependent on meeting the goals. If I were a betting person, I would bet the 'investment in 10yrs' is a huge hedge. Especially since it isn't indexed to inflation.

Thankfully everyone else on council had thought this through.

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