[Mr. Douglas]

that million $ tax credit though....

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It was a contract with the city. There must be escape clauses and time limits within the agreement. That is, unless the city’s attorneys are incompetent boobs.

A decently written contract with tax credits would require repayment if certain terms were not meant by CVT.

[Oatka]

It was a contract with the city. There must be escape clauses and time limits within the agreement. That is, unless the city’s attorneys are incompetent boobs.

That is my thinking in all of these tax breaks - what you said, or, to my liking, a small break for each year and then a balloon break the last year. If it is all up front, then, as mentioned elsewhere, they take the money and then run the second year.

You never know what was slipped under the lawyers' table though.