Erie Street Market's future debated
City Council sets Jan. 2 vote on facility
The Finkbeiner administration is asking for authority to provide for
management of the market through 2008, accept an operating budget, and
create a new fund that would be used to receive revenue and pay bills.
"There are no taxpayer dollars in this ordinance," said Andy Ferrara, a
city economic development specialist. "It is purely the acceptance of
revenue, rents, and paying bills."
A budget Mr. Ferrara presented to council yesterday predicted the
market would end 2007 with $42,802 in profits and finish 2008 in the
black by $306,148.