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Wednesday, January 9, 2013

Public-Private Partnership to Build City Hall in Stanley, ND

From the Grand Forks Herald:
A group that includes Earl Pomeroy is proposing to build a much-needed City Hall in Stanley using a public-private partnership funding model.
Potential investors, an architect and Pomeroy, the former North Dakota Congressman who now works for a Washington, D.C., law firm, met with Stanley City Council members Tuesday to outline their idea.
Under the proposal, private investors would finance the construction of a new City Hall and lease the building to the city, said Pomeroy, legal counsel for Alston & Bird LLP. The agreement would allow the city the option to buy the building at some point in the future, Pomeroy said.
I thought I had already posted this story, but couldn't find it, so maybe I hadn't posted it. Regardless, a big "thank you" to the reader for bringing this to our attention.

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