Wal-Mart at the point of a gun made Cathedral City give Wal-Mart $2 M??? Not.
Assuming the store has been there 10 years. (you tell me) The city made $ 6.5 M in tax revenues.
Sounds like a good deal to me.
Wal-Mart made a business decision. Life sucks.
Don't you understand? As soon as Wal-Mart built a store in Cathedral City, the government of Cathedral City "owned" it. [collectivist mode=off]