Saturday, July 30, 2016

City attorney: City Council could use museum building as collateral on loan
What's the collateral currently connected to the loan Margaret?

As I recall, the City was stupid enough or sold out enough or corrupted enough to accept the display exhibits as collateral.

Now the City wants Earl and Skip's building which they stand to profit from?

Think they are going to get it?

How could the museum board put the property up as collateral if they don't own the building?

As I recall, Museum Landlord LLC owns the building, which is owned by Skip and Earl among a few others, not the board, but you would know that, wouldn't you.