dia
a
•
a
UL AT
U�S. POST G£
ID
•
a
upe
TO AG 3
•
o the 0 d Boy
tum d modem urban re­
into old-f . ned
(
entitl ,
C 0 appr ed
315,000 grant from
Department of bor
City Venture Cor-
poration t th onday
. t city COIu.t'I�'
• tti .
o r the next fi e r
City Venture hopes to
find fu ding for i If to
t th rategy
Discu 'on t
DEPT. CH
DISC I
the Dom " unco ering a
land development scheme
for th 50 block r-
rounding .the domed
dium in downtown
. eapolis.
Star uti appear-
ed foDo ing the Read
re do him ed
October 1.
odcho den - The Star
ortfl:
on ·th the teo
Co ner Char
Yarbrough noted city
had r d eloped an
affirmati coon p d
. he could not app 0
any document saying
lty h on.
Only ter Commissioner
Arnold Bolin agr d to
d the r tion to
mandate de e opment of
the affmnative . n pi
did Yarbrough concur.
The contr t appro ed
by C .. oners provide
121,903 in . for
staff of ix. S26,191 in
fringe be fit; S3,800
office ; S5,448 in
equip l' d
SI28,150 fo a "corporate
fee."
A
the rtic in both papers.
Tho five corpor tions
e founding stockholders
not only in eve, but abo in
a development group called
Industry Square.
articl t net-
o of corporate and poli­
tical character, ho in the
ord of Reader editor
Brian Lambert, "e d in
elaborate sleight of hand,
the ring to public
money and property with
1 nt p th t
3
,
"That' hy I ab-
explain d Com­
ildred Wen
the only Com­
mi . oner no voting ye .
It w that item th t
d delayed funding from
the Department of or
for 0 r month.
illard alker,
executive in Lansing,
earlier DOL "
an exp ti n of t
that meant."
According to er,
corpor te fee are charged
by "for-profit" en .
ch univer 'tie
"It I my understanding
that this (th City Venture
fee) . half of hat is
norma1ly charged,' alker
to d The Citizen. He'
explained the $128,000 re-
presented 35 percent of
the tot fee.
The fee co ers b
25