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Old 11-15-2006, 12:52 PM   #16
rhertz
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Quote:
Originally Posted by Rough Rider
Doesn't the CITY run a boat launch and some restaurant down by the Stoner/Clyde Fant River front area ?
yep. I used to drive by during lunch hour and I never saw that they had much business. Maybe they do better on the weekends.

I heard that the main reason that a government or municipality gets into a business like building a hotel, catfish processing plant, WiFi Internet service, sugar cane plant, etc. is that they get a lower interest rate on the loan when compared to the "private sector" seeking the same capital. Seems that when you and I (and all citizens) underwrite the loan, they get a better deal. Duh! But I bet there are other reasons as well.
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