Thursday, December 09, 2004  

WCAL Purchase Loan:

"The group Save WCAL has lamented the loss of the college-owned classical station. WCAL supporters sent council members e-mails and letters asking the housing authority to reject the bonds.
At a public hearing Wednesday, Michael McNabb, an attorney for Save WCAL, told commissioners that MPR's purchase of the station didn't meet state requirements governing such bond issues - namely, that the sale didn't prevent blight or combat job loss.
Attorneys for the housing authority told commissioners that the WCAL purchase met state law because it brought jobs and furthered economic development in St. Paul."

   [ POSTED BY Chair] [ ]


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