Star Tribune Thu, 13 Mar 2008 04:34:14 GMT
St. Paul Council trying to solve RiverCentre's money problems
The city had asked the state to pay off $43 million in bond debt on RiverCentre, but that didn't happen. As St. Paul continues trying to figure out how to solve a financial burden facing the RiverCentre Convention Center, the City Council agreed to seek state approval to extend the duration of a downtown tax-increment-finance district. The city had asked the state to pay off $43 million in bond debt on RiverCentre, but that didn't happen. So, said Deputy Mayor Ann Mulholland, the city is trying to fix its own finances.
[[keywords: LandUse;PropertyTax;Ramsey;]]
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