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Old 05-15-2007, 09:56 AM   #11
joepole
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I think the estimates were about 5 years. It's tough to nail down exact figures because most of the discussions were private.

Also, much, if not most, of the incentives were eliminations of taxes/fees that would otherwise be added by their presence, not expenditures of existing funds. It's all pretty standard economic development stuff. I'm no Blanco fan, but this deal wasn't outrageous.
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