[ Content | View menu ]

Where the money went

Written on March 10, 2010

What $19.6 million in state tax credits for NorthSide Regeneration paid for:

Price of land: $9.5 million (50% of total cost)

Brokerage costs: $382,000 (50% of total cost)

Loan fees: $1.1 million

Interest payments: $8.7 million

Source: Missouri Department of Economic Development

Source

Filed in: online.

Comments closed