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Health Firm Bonds OK'd Over Protests.(Metropolitan)
Byline: Olivier Uyttebrouck Journal Staff Writer
Councilor Demands Tougher Requirements
A health-care company won $1.85million in industrial revenue bonds Monday after Councilor Hess Yntema scolded the city for doling out tax breaks too easily to corporations.
"I think we need to be a lot tougher with corporate welfare," said Yntema, who cast the only vote against the bond issue. "I think we've got to insist that the taxpayer isn't left out holding the bag."
Councilors voted 7-1 to approve the industrial revenue bond issue. Councilor Alan Armijo was absent.
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