-----Original Message----- From: Paul Lohman [SMTP:[EMAIL PROTECTED]] Sent: Friday, September 20, 2002 12:16 PM To: [EMAIL PROTECTED] Subject: [Mpls] Re: Boulevard development loses committee vote With regard to the MCDA Operating Committee's decision yesterday to deny funding yesterday I have a couple of thoughts. Those who have posted on this subject so far seem to be of a mind stated by Mel Gregerson when he said "Mpls needs to stop giving money away for development, the marketplace works best if left alone." I think that statement is a bit absurd. The fact of the matter is that the "marketplace" is not being left alone, never has, and in a big way and for good reason. It doesn't work the way the majority of people would like to see it work. Hence government steps in in a multitude of ways to effect the changes that we - the voters - decide are needed. Mel,s Reply Sorry, I don't call tearing down everything poor people can afford to live in "Help". Sorry, I don't call enriching non-profit developers or for-profit developers $120,000 to $255,000 to build $60,000 apartments "Help" Sorry, but I call it waste. Let them spend their own money or borrow from the banks, just like the rest of us do. There are many For-profit Housing Providers who rent for $595 a Month rent or less. $595 wouldn't pay the interest on their $120,000 apartment. Please read the Sunday Paper to view how many apartments are listed for under $600. A good way to become Housing educated. Subsidizing Developers to build Just increases the rent we must ask. Waste hurts both taxpayers and non taxpayers. Mel Gregerson CAPS South 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
