Comment on Mom and Pop’s Diner gets Redevelopment incentive funds for new restaurant at Carson Mall. by Mickeyme
Thanks for explaining!
One other question about this subject.
If a bank won’t back them up what makes the city council knowledgeable enough to go ahead and make the INCENTIVE LOAN?
If it doesn’t survive won’t the owner most likely claim bankrupcy and be relieved of all debts (including the cities)?