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Real Estate & Property Law
: National Eminent Domain BlogTaxpayers and the DRIC Bridge Project
By Alan Ackerman
Michigan's House Speaker, Republican Jase Bolger, is apparently conducting some due diligence to ensure the DRIC project will not dip into Michigan's treasury. Bolger will be pleasantly surprised to find that Michigan will be able to move forward with this project without costing taxpayers anything. Canada will loan Michigan its half of the construction cost and tolls- not tax revenue, will pay the debt.
Rep. Jase Bolger's press secretary Ari Adler said the Republican House Speaker from Marshall is taking a look at the proposal with an eye to ensuring taxpayers are not left paying for the bridge.
'It sounds positive, but we want to read the fine print,' Adler said.
Full post as published by National Eminent Domain Blog on February 11, 2011 (boomark / email).
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