Dages on Forest City redevelopment
question:
Should the city defray part of the costs for Forest City's downtown redevelopment plans? If so, how much should the city be willing to invest to make that happen?answer:
Until I see the final version of the plan and its costs, it is premature for me to take position supporting or opposing the proposal by Forest City. Again, there needs to be a public and private partnership. The city should not risk the investment, if financial institutions (banks) are unwilling to do it themselves. Cooperation and the sharing of risk is the key to a successful downtown plan.