Kansas City MO taxpayers are presently getting hit with $10-15-million-per-year payouts for the 'Power & Light District' and soon to get fleeced again with an unneeded downtown convention hotel (hey- pay NO attention to the steep water and sewer rate increases behind the curtain).
(Photo courtesy of The SIOUX CITY JOURNAL)
In downtown Sioux City IA- a local government-approved downtown redevelopment Ponzi scheme is being foreclosed upon by a bank because all the rosy- pre-build financial prognostications didn't come true (sound familiar?) and (it) SUX taxpayers will pay- according to this story in The SIOUX CITY JOURNAL.
Also in that story- note how Sioux City's elected officials play dumb (like KC-MO's) when the find out the taxpayers will get stuck with the bill.
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