boon•dog•gle
North American / informal
noun:
work or activity that is wasteful or pointless but gives the appearance of having value.verb:
waste of money or time on unnecessary or questionable projects.Get email notification of new posts
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Monthly Archives: February 2016
A promising downtown hotel project jeopardized by conference center boosterism FNP LTE
Just before the Mayor and Board of Aldermen voted December 3 to approve a Memorandum of Understanding with Plamondon on the hotel and conference center they were seriously misled by economic development director Richard Griffin. The hotel of course is … Continue reading
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“Need” for public funding comes from wasteful aspects of the design COMMENT FNP
The hotel I agree makes sense and will be “an asset.” The studies, for what they are worth, suggest that by itself it needs no public funds. The ‘need’ for public funding comes from the associated conference center estimated to … Continue reading
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Tax increment financing is ‘destructive financial gimmick’ LTE FNP
Boosters of the downtown hotel and conference center project claim that tax increment financing will allow local governments to raise $20 million or so to support this project without any cost to taxpayers. The December 2015 packet to
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City pushing half-baked hotel scheme with $20m of “other taxpayers’ $s” COMMENT FNP
We have the City pushing a halfbaked scheme to pour $20 million or so of taxpayer dollars into a luxury hotel and conference center downtown, trying to get the county and the state to commit to foot the bulk of … Continue reading
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to Joe Briglia of Plamondon
Mr Briglia: great to meet you last night. I wish your downtown hotel project well. I hope the City’s linking of it to a dubious conference center doesn’t drag your project down. It occurs to me now that what I’ve … Continue reading
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Tax increment financing is ‘destructive financial gimmick’ LTE Frederick News-Post
Sir: Boosters of the downtown hotel and conference center project claim that tax increment financing will allow local governments to raise $20 million or so to support this project without any cost to taxpayers. The December 2015 packet to delegates on … Continue reading