12/22/09 184 W, 1 I - + 7 - 5 Raleigh City Council Faces Vote on Public Safety Center

Today's News & Observer talks about the January 5 meeting of the Raleigh City Council, where they're decide to proceed with construction of the Clarence E. Lightner Public Safety Center. The price tag of $205 million, making the building the city's most expensive, means a likely property tax increase for funding. Giving the green light means good and bad. Construction costs and interest rates are down. As is the economy, which presumably won't be helped by higher taxes1.

The 17-story, 300,000 square-foot building will place the city's fire, police, emergency communications, traffic operations, and IT departments under one roof. The city has already spent over $20.8 million on associated costs, including design work and purchasing two buildings to temporarily relocate police operations. The new building will be located on the site of the present police station at the corner of Hargett and McDowell streets. Read the entire article.

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1This blogger is neither an economist nor plays one on television. Is that an accurate statement of mine about the impact of higher taxes?

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