US Gimmint Uncle Sugar |
Ogden taxpayers will have some skin in the game with respect to this project too, as the Standard also reports that "the city will kick in $285,000 for the purchase and renovation of a building at 2314 Washington Blvd. Another $145,000 will go into a loan fund that will be used for business loans associated with the program."
While we continue to have our concerns about the appropriateness of involving cash-strapped Ogden taxpayers in subsidizing economic development projects like this, we'll resist the temptation to gripe about it this go-round, inasmuch as the projected Ogden City payout appears to be a drop in the bucket, especially when compared to such projects during the madcap, free-spending Boss Godfrey years. Moreover, taking into account the projected jobs, revenue and investment which can reasonably be expected to flow from this project in the years to come, we'll chalk this up as an Ogden good news story, folks, all in all.
Of course that's just us... what about you?