It's a great opportunity for the city to get this funding, We're just showing our support at this step of the process. The RDA board will have an opportunity to review or tailor its support with further information in the future.
Caitlin Gochnour, Council Chairwoman
Standard-Examiner: Ogden OKs letter of support
July 14, 2010
We have a significant need. This is not the last point in the process. We are simply moving down that path.
Terrence Bride, OBDD Senior Project Coordinator
Standard-Examiner: Ogden OKs letter of support
July 24, 2010
The Standard-Examiner reports this morning that the City Council has taken the Godfrey administration's bait, and voted unanimously last night "to approve the letter supporting the allocation of two tax-exempt bonds totaling $12 million":
• Ogden OKs letter of support / City seeks funding for hotel, parking garage at The JunctionAlthough SE reporter Roy Burton carefully notes that "[t]he letter does not bind the council to approve the bonds," we have serious doubt whether the council will ultimately have the wisdom or political will to put the brakes on this project, once Housing and Community Development Division of the Utah Department of Community and Culture approves this massive bonding, Boss Godfrey moves us farther "down the path" to municipal bankruptcy, and puts on the full court press for more reckless borrowing and spending.
Once again it appears to us that our part-time City Council has been seriously outsmarted and outgunned.
