Financial Slight of Hand. Will Colorado Springs receive any revenue? Feb 08 2021

What this episode covers

How does a Quasi-Public organization fit into the picture? What is a Quasi-Public organization: Investing in a quasi-public corporation comes with very little risk due to the fact that, if the business isn’t making a profit, the company will be backed by one or more government agencies who will ensure that the corporation continues running and making a profit. Which begs the question: “Who is the government organization that will ensure that the corporation makes a profit?” Will Colorado Springs be that government organization? Or an outside government organization? Who is Providence Group-USAFA LLC? Who is the Arizona Industrial Development Authority? Stand-by for a Storm Water increase. What is the real reason the developers will not have to pony up 2 acres for parkland? When will the needs of the city be addressed? When is the money coming in? 10, 20, 30 years? Never? What is in the best interest of the population? Who’s the Power Broker? Another packed Council Matters Podcast.

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