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Article: Parking ramp cost shocks council.
- Article from:
- Duluth News-Tribune (Duluth, MN)
- Article date:
- December 2, 2005
CopyrightCOPYRIGHT 2005 Duluth News-Tribune. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Scott Thistle
Dec. 2--City financing for a new parking ramp, integral to an expansion of the St. Mary's/Duluth Clinic medical campus and a new downtown hotel, could cost taxpayers up to $480,000 a year for the next 20 years, Duluth city councilors learned Thursday.
Voting 7-0, the council approved borrowing $12.5 million for the project during a special meeting, but not before several councilors voiced their frustrations over a project that has failed repeatedly to meet physical and fiscal expectations.
At Large Councilor Tim Little and 4th District Councilor Neill Atkins attended the meeting but left before the vote.
Payments ...