Four of the cities in the state’s analysis received private contributions ranging from 18% to 62% of the project. Some cities secured annual rent payments or other revenue sharing to offset public funding. Among the state’s six comparable projects, only Memphis, where negotiations are ongoing, and Orlando relied entirely on public funding for construction.KATU.com
Content Source: Yahoo News
Image Credit: Getty Images
All rights to the news content and images belong to their respective copyright owners.