Vadnais Heights arena gets another loan

  • Article by: TIM HARLOW , Star Tribune
  • Updated: July 17, 2012 - 11:40 PM

Despite money owed, the City Council said it will help the troubled complex.

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rah9999Aug. 3, 12 6:29 PM

This really is an easy decision, just a hard one to swallow. If they can't afford the interest payments they're not going to afford the principal when due. If you don't have to absorb someone else's debt you don't do it. You're far better off taking the S&P downgrade than $23 million of someone else's debt. You made a mistake, but cut your losses and continue, don't put the very existence of the municipality on the line for this farce.

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