Tuesday, June 05, 2007

Desperate Investors make desperate deals

Let's see if I read this right? I know I am in Fort Wayne, but is the city really demanding that Grand Wayne Convention Center to contribute $2.5 millions of their profit to support a new hotel over 10 years?

Conflict of interest here maybe?


Steve Brody, president of the Fort Wayne-Allen County Convention and Tourism Authority, which oversees the convention center, said he thinks the $2.5 million is a reasonable request.


What will city government ask for next? Your first born?

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