Subject: Today's articleRE: GT Stater Bros.
To: frank.pine@inlandnewspapers.com
Date: Sunday, August 22, 2010, 9:17 AM
| Dear Sir, (Inland News Papers Editor) I am running for GT City Council. I find myself in a no-win predicament. Jack Brown, who I admire and is one of your largest advertisers is proposing a new store for GT. It would be to my benefit for votes to shut-up, but the giveaway of tax dollars for projects that should be paid with private venture capital are bad for our fiscal health. Enough said. The important thing is this: Did your reporter read the staff report to the council? If so there is no new sales tax revenues of $800,000. Only $35,000 per year for general fund and $70,000 for RDA agency. My preliminary numbers indicate a rounded up $700,000 dollar deficit over five year between GT inducements and new revenues. Another important question is what is the debt service for GT to borrow and bestow these inducements on Stater Bros? This does not include the statements in today's article that funds will be requested for infrastructure from RDA in the near future. This type of reporting is what discourages people to run for office. How can you beat city hall? This is how Bell succeeded, under the radar. Three days for council and citizen review of this expensive agreement is too short. This article confuses the folks we have discussed the staff report with. Sylvia Robles |
