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re: Can St. George duplicate what is going on in Central?

Posted on 2/17/14 at 5:28 pm to
Posted by doubleb
Baton Rouge
Member since Aug 2006
36178 posts
Posted on 2/17/14 at 5:28 pm to
quote:

Your financial statistics conveniently omit the largest liability of Central that they have yet to pay a penny on in spite of the promises of their incorporation organizers prior to incorporating that they would pay. That liability alone is more than the surplus they've accumulated in five years.


Link please. I want to see in writing where Central owes 20 million dollars in liabilities. But maybe you are correct. If you are they could pay it off already if they so chose to do so.
Posted by LSURussian
Member since Feb 2005
126963 posts
Posted on 2/17/14 at 5:40 pm to
quote:

Link please.
Screw you and your lazy arse with your constant "links" demands. Either learn to use google, if your memory is so bad, or just stay ignorant.

Central's refusal to pay legacy costs to BR has been all over the news repeatedly. It's been in the paper numerous times about how the city is now saying the organizers of the incorporation effort had no legal basis to promise to pay legacy costs that they said the city would pay if incorporation occurred.

The estimates of the legacy costs reach many millions of dollars. And not one PENNY has been paid. I saw one figure that approached $100 million.

Why do you think when the SG organizers pledge to pay legacy costs, BR officials just laugh at them? They've heard that promise before and nothing came from it.
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