The Conservative Cave

Current Events => General Discussion => Topic started by: The Village Idiot on January 15, 2010, 10:11:29 AM

Title: AZ sells state capitol, money already spent
Post by: The Village Idiot on January 15, 2010, 10:11:29 AM

http://www.azfamily.com/outbound-feeds/yahoo-news/State-sells-20-properties-for-735-million-81533017.html

PHOENIX -- The state sold more than 20 properties Thursday, including prisons, the state Capitol and both legislative chambers, for $735.4 million at a targeted interest rate at just over 4 percent. That means the state should be able to make it through fiscal year 2010. Ironically, the money has already been spent. It is a sale-leaseback deal. The state will continue to lease the buildings and in 20 years should be able to buy all the property back. " Ironically, the money has already been spent." DUH!!!! like on a $ 340 million court building the people need like they need more illegal Mexicans in Arizona. J.W. Simms.

((I thought it was a joke!!))

Title: Re: AZ sells state capitol, money already spent
Post by: bkg on January 15, 2010, 12:19:51 PM

they sold the capital?

Can't wait until they get kicked out.  :rotf:

Title: Re: AZ sells state capitol, money already spent
Post by: The Village Idiot on January 15, 2010, 12:26:00 PM

Who do you think you are voting for that? WHo do you think owns that seat??

"American Properties Management Corporation owns that seat"

seriously, I don't know who bought the buildings.