Posted July 27, 2010
The Governors voted to reaffirm their previous decision to endorse spending the Future Fund money on the West Harbour because this is consistent with the Fund's goals; but added that the money should not be spent at the East Mountain if Council decides to put the stadium there.
The Board also voted that the money should be regarded as a loan, not a grant. The Board originally recommended loaning the money, but Council voted to make it a grant instead.
Read the full article here: http://raisethehammer.org/article/1130/