Comments on: Century Earns $723K For Role In Financing $1.5 Billion In Projects

By: Retired

Retired — Fri, 24 Mar 2017 17:16:15 +0000

Century should negotiate a bigger cut. CTA can’t operate without Century’s signature, Grey makes millions off this set up. Work it.

By: Mr reality

Mr reality — Fri, 24 Mar 2017 15:25:22 +0000

How much did ed grey make off the deal?

By: Bob

Bob — Fri, 24 Mar 2017 15:06:42 +0000

https://www.bloomberg.com/news/articles/2015-04-15/ex-mayor-reaps-millions-as-florida-city-issues-bonds-for-others

By: southerner

southerner — Fri, 24 Mar 2017 13:53:23 +0000

As I stated before, “Socialism sure is popular these days.”

By: Working TAX payer

Working TAX payer — Fri, 24 Mar 2017 03:54:22 +0000

For some ODD reason people tend to banter upon things they do not understand entirely or even at all. Possibly to gather more information on the subject at hand or just to complain. Here is mine. Everyone PAYS TAXES!!! Working or not…when you work, you pay….when you don’t work…you pay. When you purchase an item, most likely….YOU PAID TAXES! Furthermore if you plan on living as a human, in society, you will pay taxes. Welcome to LIFE, Think about it.

By: DLo

DLo — Fri, 24 Mar 2017 03:49:40 +0000

Two questions, has this Capital Trust Agency ever in it’s existence, denied a government project because it was not in the citizens best interest? And I wonder how long the Century town government would last if they had to exist without grants and outside funds coming in, just operate within the amount of money collected in taxes and fees, my guess is not long. This is funny, Century has a side hustle, for earning extra spend money.

By: David Huie Green

David Huie Green — Fri, 24 Mar 2017 03:32:03 +0000

REGARDING:
“Socialism would be you getting your services free and everyone paying high rates of taxes to cover it. ”

Not necessarily.

Socialism. any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods.

Notice taxes aren’t mentioned but government ownership and/or control is.
City-provided services fall under that definition.

David for dictionaries

By: Dennis

Dennis — Fri, 24 Mar 2017 01:21:50 +0000

Gotta love it when people make comments on things they have no clue about.

By: RASHEED jACKSON

RASHEED jACKSON — Thu, 23 Mar 2017 23:03:51 +0000

Southerner,
Your comments about the sewer rates and socialism are somewhat contradictory. Socialism would be you getting your services free and everyone paying high rates of taxes to cover it. You paying for services you have received is capitalism and the American way. If you don’t like the rates Century charges MOVE!!

By: Jason

Jason — Thu, 23 Mar 2017 15:17:47 +0000

The projects typically financed via the Capital Trust Agency are private ventures and doesnt have the taxpayers footing the bills. There are some “public projects” that do where local governments have sought the financing. The only reason for using this type of financing is to provided lower financing cost supported by private investors to obtain “tax-free” income. It can be a win/win/win for the Project, the investors and for Gulf Breeze and Century.

Some folks see that Century earned $723,430.47 and think that was a bunch of money. Well, that was total over the past 18 years – which equates to about $40,000 a year in additional revenue for Century that didnt come at the expense of any resident of Century.

Projects funded by the CTA can be found at the following link:
http://ctafl.org/projects.php