http://blogs.sacbee.com/city-beat/2...ings-situation-will-consider-legislation.html
I don't think it will stop anything, but it's just more public focus on this that could apply some pressure. While the money is being backed privately, they used the City to facilitate the bonds. It's not writing checks with public money, but it's using public resources for certain to put all this in play. And that isn't a freebie to the tax payer.
I don't think it will stop anything, but it's just more public focus on this that could apply some pressure. While the money is being backed privately, they used the City to facilitate the bonds. It's not writing checks with public money, but it's using public resources for certain to put all this in play. And that isn't a freebie to the tax payer.