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#1 |
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Advanced Member
Join Date: Sep 2006
Location: Shreveport, LA
Posts: 141
Rep Power: 241
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Doesn't the CITY run a boat launch and some restaurant down by the Stoner/Clyde Fant River front area ?
and good point.. not sure I agree with the City diving into such areas. Never thought of it like that.. but you have folks paying taxes.. FUNDING the competition.. that's a bummer. |
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#2 | |
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SBLive! Veteran
Join Date: May 2006
Posts: 2,834
Rep Power: 316
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Quote:
I heard that the main reason that a government or municipality gets into a business like building a hotel, catfish processing plant, WiFi Internet service, sugar cane plant, etc. is that they get a lower interest rate on the loan when compared to the "private sector" seeking the same capital. Seems that when you and I (and all citizens) underwrite the loan, they get a better deal. Duh! But I bet there are other reasons as well. |
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