Anyone want to quibble with the facts laid out in the report? Where did the money go? ----- Original Message ----- From: "Victoria Heller" <[EMAIL PROTECTED]> To: "Mpls Forum" <[EMAIL PROTECTED]> Sent: Thursday, May 02, 2002 2:54 PM Subject: [Mpls] $1 Billion spent in the past 5 years for a gain of 57 housing units
> This according to the McKinsey & Company report (page 5) issued to Mayor > Rybak and the City Council on 3/25/02. > > The exact quote: > > "Over the past 5 years, the city spent nearly $1 billion through MCDA, NRP, > and the Planning Department. During this time, the city gained only 57 > housing units and had job growth significantly lagging suburbs. The city's > financial situation is uncertain." > > Here is the link to the entire report: > http://www.ci.minneapolis.mn.us/citywork/mayor/docs/Phase1Summary.pdf > > Does anyone else wonder what happened to all of that money? > > Mayor Rybak said in his "State of the City" address that he would have to > TRIPLE property taxes over the next ten years unless significant cuts in > spending occur soon. > > Where's the outrage? > > > Posted by: > Victoria Heller > North Oaks, Minnesota > Cedar-Riverside Property Owner (Ward 2) > > _______________________________________ > Minneapolis Issues Forum - A Civil City Civic Discussion - Mn E-Democracy > Post messages to: [EMAIL PROTECTED] > Subscribe, Unsubscribe, Digest option, and more: > http://e-democracy.org/mpls _______________________________________ Minneapolis Issues Forum - A Civil City Civic Discussion - Mn E-Democracy Post messages to: [EMAIL PROTECTED] Subscribe, Unsubscribe, Digest option, and more: http://e-democracy.org/mpls
