> Victoria Heller wrote: > > >>From Steve's article........ > > > >"Ryan offered $2 million for the site. Allina Health Systems paid $5.2 > >million for the much-smaller north end of the Sears site last year. Rivals > >also point out that Ryan offered the city the lowest price for the complex. > >Yet it also sought the highest developer fee at about $8 million, which city > >evaluators rated as reasonable." > > > >Vicky: Selling the Sear's site for $2 million is equivalent to writing a > >$20+ million check to Ryan. Will Ryan be the owner of the finished product? > >
>Wizard Marks wrote: While I don't think that's necessarily entirely true, given that > there is hysterical designation on the building(s), I do not understand > this. If the city and other entities pay the cost of redevelopment )or > most of it), then who owns the building the city or the developer? If > the city pays 60% of the costs, does it own 60% of the revenue? This > stuff entirely confuses me. > Mark Anderson wonders: Was that some kind of Freudian slip, in substituting "hysterical" for "historical?" Sounds appropriate to me. Mark V Anderson Bancroft REMINDERS: 1. Think a member has violated the rules? Email the list manager at [EMAIL PROTECTED] before continuing it on the list. 2. Don't feed the troll! Ignore obvious flame-bait. For state and national discussions see: http://e-democracy.org/discuss.html For external forums, see: http://e-democracy.org/mninteract ________________________________ Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:[EMAIL PROTECTED] Subscribe, Un-subscribe, etc. at: http://e-democracy.org/mpls
