TITLE

Miller's Challenge

AUTHOR(S)
Whalen, Robert
PUB. DATE
February 2005
SOURCE
Bond Buyer;2/28/2005, Vol. 351 Issue 32079, p41
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article informs that New York City Council Speaker Gifford Miller said last week that he will fight Mayor Michael Bloomberg's plan to finance the city's share of a football stadium on Manhattan's far West Side. The city collects roughly $40 million a year from developers and businesses through PILOTs, and the mayor expects that revenue to increase to about $70 million annually. His plan would allocate the additional PILOTs revenue to debt service, rather than the city's general fund.
ACCESSION #
16260610

 

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