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Originally Posted by Simplex3
Yes, and if the businesses near there ponied up $75M to build it then all of that would still happen and they'd still see the economic benefits.
I get what you're saying, my point is that NONE OF THIS is in the pervue of the government.
The folks in Gladstone will soon get their dose of reality just like the turnpike in KS. They were supposed to remove the toll boths decades ago, once the road was paid for. For some reason those are all still there. Why? Once the government finds their way into your wallet you can't get them to back out.
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You lost me on that comparison, how is the City in this example getting into anyones "wallet"; it's a one time outlay for the natatorium with a continuing income for the city in the form of taxes from the sales of services and goods.
The tax revenue (collected from the sales of goods and services) generated for the city helps to hold down property taxes.
To put it another way I’m sure you have heard the old saying it takes money to make money, the local government needs to generate money.
When the local government can invest money and get a good return on that investment it is a prudent thing to do.