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I think Chris is confused about the magnitude of $100M to bring a top university. $100 million in infrastructure upgrades to under-used land to attract a unive
by jcampbell1 15y ago
I think Chris is confused about the magnitude of $100M to bring a top university. $100 million in infrastructure upgrades to under-used land to attract a university is a bargin. The income and sales taxes would earn back the $100M in no time. It is pretty hard to find $100M investment, that will bring $1B+ follow on investment, and a few thousand people on a payroll who use very few government services.
- raldi 15y agoSeriously. The city government almost spent twelve times as much on two baseball stadiums: http://www.nytimes.com/2002/01/17/opinion/bonus-season-for-baseball.html http://www.nytimes.com/2002/01/17/opinion/bonus-season-for-b... The final amount that was actually spent is subject to a lot of interpretation, but it's clearly in the nine-figure range.