Originally Posted by
Larry OKC
MAPS 3 was projected to bring in an average of $100 million/yr or $8,333,333/month. They have been collecting the tax for 2 years and 4+ months (started April 1, 2010), and tax collections are multi-millions above the projections. If the Park had been built first as was the Mayor's stated preference, they had the entire $130 million in-hand no latter than 16 months or right at this time last year (if my fingers didn't fail me...LOL). Granted, this is if they used all the money for 1 project at a time instead of multiple projects in various stages. But you are correct, they are doing it in stages now with minimal landscaping with the completion of the Park more towards the end of the time line.
ON EDIT: my apologies to Rover and others wanting to stay on topic. I was just responding to the discussion and really didn't notice the thread topic. Again, my apologies, so you can now get back to the regularly scheduled thread topic (I hope).
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