tag:blogger.com,1999:blog-11887973.post6741996645178702627..comments2023-11-02T04:58:34.355-04:00Comments on Libertarian Party of Allen County, Indiana: Economic and Fiscal Impacts of the Proposed Harrison Square ProjectJeannette Jaquishhttp://www.blogger.com/profile/00226385515110623744noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-11887973.post-86883994995385315902007-04-15T06:20:00.000-04:002007-04-15T06:20:00.000-04:00There are just too many unanswered questions about...There are just too many unanswered questions about this project. It would be wonderful to have a revitalized downtown, a place to go, to be proud of. But do we have the money? Do we really want a baseball stadium to be the center of our downtown? Let's not rush into something when there are so many questions still to be answered.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11887973.post-89700646589548290342007-04-15T03:32:00.000-04:002007-04-15T03:32:00.000-04:00From what you wrote, the Harrision Square project ...From what you wrote, the Harrision Square project will create $358 jobs. Let us be optimistic, let us assume it creates 500 new jobs. We are going to spend $80 million up front with $10 million in yearly interst.<BR/><BR/>I have a better idea, why not drop the project and just pay each one of these people $20,000 a year for forty years<BR/><BR/>The yearly cost of $10 million pays each one $20,000 a year. The $80 million would be mostly there when were done.<BR/><BR/>Based on Fort Wayne Accounting they will go forward with Harrison Square, get into a financial pinch, and some bright candidate will propose saving millions by closing the Harrision Square project and take credit for saving millions in tax dollars.William Larsenhttps://www.blogger.com/profile/08351786693708618654noreply@blogger.comtag:blogger.com,1999:blog-11887973.post-40106123695413609362007-04-12T22:10:00.000-04:002007-04-12T22:10:00.000-04:00barranda,Where in either Mike or I's post could yo...barranda,<BR/><BR/>Where in either Mike or I's post could you come to the conclusion of "the city got what it paid for?"<BR/><BR/>Frankly, I bore of such sarcastic comments. If you disagree w/ something then argue your point. This whole debate has turned into a snark-fest by anonymous posters that simply have nothing to contribute to the debate...Jeff Pruitthttps://www.blogger.com/profile/01996970649630375507noreply@blogger.comtag:blogger.com,1999:blog-11887973.post-32180300269303934542007-04-12T21:14:00.000-04:002007-04-12T21:14:00.000-04:00Barranda:Good job of avoiding all the points I mad...Barranda:<BR/><BR/>Good job of avoiding all the points I made...<BR/><BR/>I think if you look at it you will be disappointed in the project as well...<BR/><BR/>Mike SylvesterLP Mike Sylvesterhttps://www.blogger.com/profile/06918776704117318033noreply@blogger.comtag:blogger.com,1999:blog-11887973.post-29070048480704637842007-04-12T21:08:00.000-04:002007-04-12T21:08:00.000-04:00Ah, the double-edge sword. 1. The City didn't do t...Ah, the double-edge sword. <BR/><BR/>1. The City didn't do the research.<BR/>2. The City got the answers it paid for.barrandahttps://www.blogger.com/profile/11922945903241326371noreply@blogger.comtag:blogger.com,1999:blog-11887973.post-53259006796844964552007-04-12T16:30:00.000-04:002007-04-12T16:30:00.000-04:00Mike,I reviewed the report the night it came out a...Mike,<BR/><BR/>I reviewed the report the night it came out and posted the following thoughts over at downtown fort wayne baseball. I was wondering when you'd get a chance to review the impact study and it doesn't surprise me that we're on the same page with this one...<BR/><BR/>Jeff Pruitt said... <BR/>A few thoughts:<BR/><BR/>1. The administration did the right thing by pusuing and releasing the results of this economic impact study<BR/><BR/>2. The job numbers are misleading as they are not all full-time positions. The 368 operational jobs created are really only 148 full-time equivalent jobs. <BR/><BR/>3. It's incorrect to assume that the construction jobs will lead to such a substantial increase in indirect jobs. This is due to the temporary nature of these construction jobs. The assumption that 855 temporary jobs will create 1176 more temporary jobs is not grounded in economic reality.<BR/><BR/>4. Most of the inputs for this study came from something called the CRED consultants' study. Anyone know what this is referring to? Has this been published?<BR/><BR/>5. It appears there may not be enough tax revenue generated in the first year to make the bond payments. How will the city make up this shortfall?Jeff Pruitthttps://www.blogger.com/profile/01996970649630375507noreply@blogger.com