^
Keep Dallas Observer Free
4
| News |

City Council's Handing Out Money Today

We're in the midst of a staff meeting, but The News' Rudy Bush, of course, is at City Hall keeping tabs on the council's doings. And this morning, he offers two updates on items that first appeared on Unfair Park. First off: The council unanimously approved to give Deloitte LLP the $2 million it wanted to stay downtown after it threatened earlier this year to hightail all of its local operations to Irving. According to The News's City Hall reporter, Ann Margolin said, "The economic model is very conservative and shows over 10 years the employees should bring about $8 million to the city."

But Margolin wasn't so fond of the idea to give Forest City almost $18 million extra in tax incentives to redo the Continental Building -- which, you may recall, was part of the package way back when then-Mayor Laura Miller went to bat for the Cleveland-based developer on behalf of the Mercantile. Rudy writes that Mayor Tom Leppert thinks the city needs to cover what the private sector can't ... yet. As in, "Clearly, we're dealing with some challenges that weren't invested in long ago. We're trying to kick start that."

I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of Dallas and help keep the future of Dallas Observer free.

Keep the Dallas Observer Free... Since we started the Dallas Observer, it has been defined as the free, independent voice of Dallas, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Dallas with no paywalls.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.

 

Join the Observer community and help support independent local journalism in Dallas.

 

Join the Observer community and help support independent local journalism in Dallas.