Health & Fitness
The Incredible Shrinking "Benefits"
Their $ figures crumbled under the light of day. This is a lousy deal for CH citizens.
For your convenience, the attached documents show just the pages in question.
- From $53 million in the Powerpoint shown to the BOE
- To $43 million in the original Economic Impact Study
- To $2.3 million, yes, just $2.3 Million, in the revised Economic Impact Study
So, over 11 years, the developer gets $4 million in guaranteed subsidies (as long as he builds the building), and CH gets a promise of $2.3 million. Until the next downward revision, anyways.
Sound like a crappy deal to me.
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