Mast General asks Columbia for 50, 000 for sidewalk/street lamp beautification (Greenville: loan, store)

[kingofCola]

"Columbia City Council will consider tonight a request to contribute $50,000 for streetscaping outside the new Mast General Store at Main and Taylor streets downtown..."[LEFT]
For Full Story: Mast General Store asking city for lights, trees on Taylor Street - Local / Metro - TheState.com (http://www.thestate.com/2011/03/01/1717741/mast-general-store-asking-city.html#ixzz1FMdceUD7 - broken link)


[/LEFT]

[gsupstate]

Originally Posted by kingofCola

"Columbia City Council will consider tonight a request to contribute $50,000 for streetscaping outside the new Mast General Store at Main and Taylor streets downtown..."[LEFT]
For Full Story: Mast General Store asking city for lights, trees on Taylor Street - Local / Metro - TheState.com (http://www.thestate.com/2011/03/01/1717741/mast-general-store-asking-city.html#ixzz1FMdceUD7 - broken link)


[/LEFT]

The article states the 50,000 is in addition to the 2 million loan used from stimulus money to lure Mast. What the article didn't make clear is if this additional 50,000 is a loan or simply an additional expenditure.

[Greenville]

Originally Posted by gsupstate

The article states the 50,000 is in addition to the 2 million loan used from stimulus money to lure Mast. What the article didn't make clear is if this additional 50,000 is a loan or simply an additional expenditure.

$2 million in incentives are being used for Mast General Store? Really? Mast is neat and everything, but not worth $2 million in incentives IMO.

[waccamatt]

Originally Posted by Greenville

$2 million in incentives are being used for Mast General Store? Really? Mast is neat and everything, but not worth $2 million in incentives IMO.

The $2 million is a loan, not a grant.

[Charlestondata]

The $50,000 on hand.