Tuesday, July 27, 2010

The Chester Soccer Stadium: portrait of a boondoggle

While that public money had been secured with promises of an ancillary "mixed-use" development – with which most of the anticipated jobs and economic benefits were associated – it turned out that almost every penny of taxpayer support was going directly to the stadium instead, which promised few jobs and whose owners keep all ticket and concession revenues.

Now comes a new revelation: the Delaware County Council has approved a tax hike for hotels to help pay for the $30M the county spent on the project – money that was supposed to come entirely from gambling revenues at Harrah's Chester.
Click HERE for the rest of this article
Click HERE for last year's article that spilled all the beans

No comments:

Post a Comment