Summary
Re "Bonds will be repaid," Feb. 7: The Greene County commissioners said the $14.8 million "loan" given to the developer of The Greene is not a giveaway, gift, subsidy or abatement.
Of that loan, $2.5 million (17 percent) will be repaid by a grant from the federal government. That means that the American taxpayer, not the developer, will repay that portion of the loan.See the full content of this document
Extract
Developer Seems to Be Getting a Gift
Also, $6.3 million (43 percent) will be repaid...
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