Then again, Maybe Not: Conditions regarding financing must be met before money will be made available to the city
By: Curmudgeon
Breaking news: The RAMP board has tentatively approved committing $2.4 million over the next five years to the Godfrey Wonder Dome project, but it attached a set of conditions regarding financing the city must meet first and within six months before the money will be made available to the city. Final action by the Board and the Weber County Commission still pending. The Standard Examiner has the story here:
The story makes it clear as well that several members of the board are less than thrilled with Ogden applying for the money now, think it's premature to say the least, or that if Weber County wants it, it should bond for it, and so on. Board Chairman Dave Holmstron said, for example, that if Godfrey doesn't meet the conditions the board attached to the tentative grant, no money will be provided. "If he comes back a dollar short, he doesn't get it," Chairman Dave Holmstrom said.
Well worth a careful read. The conditions the Board has attached to its tentative approval suggests the members, having been burned by the Godfrey administration before [the ice tower boondoggle grant, which the city had to return to RAMP for violating the conditions under which it was granted], are a lot less trusting of Hizzonah's Rosy Scenario predictions this time round.