A $250,000 grant approved by the Lawrence Redevelopment Commission during a recent meeting is raising eyebrows. The grant money comes from TIF revenues and is to be used to negotiate and purchase certain personal property associated with a former Burd Ford auto dealership property, which is being acquired by Bud Rohrman Ford according to a source. "The Commission approves the use of Commission funds in an amount not to exceed $250,000 for the purchase of personal property in relation to the Project," the resolution dated February 16, 2009 reads. The resolution authorized the Redevelopment Commission's executive director to "negotiate the purchase and/or sale of personal property comprising part of the Project." Is this an appropriate expenditure of public funds?
Correction: The earlier post indicated that the resolution was adopted in a closed session of the council. It has been brought to my attention that the resolution was never presented to the council and that its approval by the commission was not a closed meeting according to Councilor Gary Conner.
2 comments:
Advance - I'll say it again,if anyone wants to know what's really going on in Central Indiana, this is the website. Keep up the good work !
"redevelopment Commission" = public debt, private profit. Always.
Lawrence Republicans should be ashamed. But they aren't.
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