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Letter:'Disappointed' in Councilor's stance

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February 28, 2010

I am disappointed that Cuyahoga Falls City Councilmember Mrs. Carol Klinger, with all of her financial credentials, has chosen to ignore the realities of finance and commerce. First, it is generally agreed that the State Road Shopping Center was becoming more blighted every day because of a lack of investment by the owner. Council voted to purchase the shopping center for almost $11 million. The challenge then for the city was to find a developer that would provide the best return on the investment. Just as a bank will not give up-front interest on money you invest, developers will not give large amounts of up-front money on property that the city invests in. The process that the city has taken was to find the developer that will give the entire city the best "bang for the buck" over the long-term investment period. I think the bi-partisan committee of Council and the administration has done their homework to provide the citizens of Cuyahoga Falls with the best long-range plan for the future. Any project on this site should not be a "quick fix" get rich quick scheme, but needs to represent a long-term financially rewarding investment. I think that Mrs. Klinger's whining merely represents another opportunity for free publicity for political purposes. Rather than representing the biggest "giveaway" in the city's history, I think it represents one of the largest investments in the city's future.

Donald Nelsch

Cuyahoga Falls




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1.
    Posted by Mary Neely March 7, 2010
Do your lips ever get tired of kissing Robarts butt?

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