Friday, February 28, 2014

GPAC: True Or False?

From On GPAC; To whom it may concern… 



"The City of Greensboro’s finance department has not underwritten, reviewed or signed off on the legally binding donor commitments, the potential taxpayer liability above the $30 million City Council authorized for the performing arts center, the private sector lending agreement, a time line of how much of the $35,448,920 is supposed to appear and when, the statistical likelihood of how much of the $35,448,920 in pledges may or may not appear or hypothetical asset return projections concerning the $35,448,920 in private pledges.

If I don’t hear back, I will assume all of the above is correct.

Thanks,

George Hartzman"

Is it wrong to expect politicians to answer questions before they commit to spending tens of millions of dollars of taxpayers' money? Somehow I just don't believe ignoring Mr Hartzman's questions is an acceptable answer.