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Fredericksburg City Beat

This blog includes news about City Hall, city schools and other 22401 news.

Pamela Gould reports on City Hall. You can reach her at 540-735-1972 or pgould@freelancestar.com. Robyn Sidersky reports on city schools. You can reach her at 540-374-5413 or rsidersky@freelancestar.com.

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Expo and the holiday crunch

As usually happens by this point in the local government calendar, things are piling up for the City Council’s final meeting of 2007. On Dec. 11, they’ll get the details on the Kalahari incentives package, they’ll try to select a future court location to focus their efforts on and it appears they could take a vote on the proposal to give the Expo Center $900,000 over three years. Oh yeah, and there’s an election that day, too.

At a work session tomorrow, council members will hear back from city staff on questions they’ve asked about the Expo deal. Click here for the document that’s been prepared for them. It includes a Q&A that touches on how the city is attempting to verify the Expo’s claims about its contribution to city coffers, what effect the Kalahari announcement will have on the deal and other issues. In general, Economic Development Director Kevin Gullette argues that the money is “not a ‘bailout’ or a ‘subsidy,’ but more of an investment in our tourism and marketing strategy for the city as a whole.”

The memo also clarifies that the city will really only be giving Expo $700,000 over three years, since the Silver Cos. have agreed to help out with $200,000.

Permalink: http://news.fredericksburg.com/citybeat/2007/11/26/expo-and-the-holiday-crunch/

  • thatguyb

    If I read the proposals correctly, the EDA grant is less than the city takes in on real estate taxes from the convention center. I’m ok with this for an interim solution, plus there is a safety catch that the city would have a lien against the property should things go really badly. I would like to see them put some qualifying statements on the grant – such as the grant cannot exceed the real estate tax income from the property, and with the lien the City is given a first right to purchase.