tag:blogger.com,1999:blog-84915272704282719.post8255893154477226409..comments2021-08-03T06:48:41.028-05:00Comments on The Public Money: Two thoughts on the SummitCoryhttp://www.blogger.com/profile/01939964640082045428noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-84915272704282719.post-84577711422357871982010-04-01T15:49:43.073-05:002010-04-01T15:49:43.073-05:00Yes, the Glaser person, who wrote that first "...Yes, the Glaser person, who wrote that first "thought" you posted. And I wasn't really arguing because I am just so utterly unable to even comprehend what he is talking about. Like the HCAD appraisal of $35mm -- I have no idea when that is from or how it is relevant since the City doesn't pay taxes on its own property (and neither does a church) so I can't imagine that HCAD has done an appraisal since before the land was given to the City umpty-years ago.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-84915272704282719.post-27860791722897179122010-04-01T15:12:18.750-05:002010-04-01T15:12:18.750-05:00Wait, who are you arguing with? Glaser?
Who said ...Wait, who are you arguing with? Glaser?<br />Who said his idea was a good idea? (Other than Glaser of course.)Coryhttps://www.blogger.com/profile/01939964640082045428noreply@blogger.comtag:blogger.com,1999:blog-84915272704282719.post-3602823773988388472010-04-01T15:08:10.099-05:002010-04-01T15:08:10.099-05:00So the City should BORROW $12 million for 21 years...So the City should BORROW $12 million for 21 years? How much interest would we owe in 2031? (It has to be north of $21 million.) And since Lakewood has invested $100 million in refurbishing the building, and no doubt more in the next 21 years, what do we do in 2031 when Lakewood exercises its option for another 25 years? Where do we get the $40+ million to pay off the debt plus interest? I'm a little dubious that this is a better idea.Anonymousnoreply@blogger.com