The Democratic comptroller's spokesman, Scott Sieber, said Liu supported the project.
"If it turns out to be financially feasible and if they can demonstrate an ability to pay off the bonds and comply with the laws concerning tax-exempt financing, we'd certainly consider it," .According to the NY Times
Mr. Gamal hopes to raise $70 million through tax-exempt bonds, which religiously affiliated nonprofit groups can obtain — but only if they prove that the facilities will benefit the general public, with religious functions separately financed.Nothing like a politician using political correctness to make a bad situation worse. Not only is the NY Government slapping the 9/11 victims families in the face by pushing through the Ground Zero Mosque, but those who are NYC residents will have the honor of financially supporting the construction through their tax dollars. Shame on you Michael Bloomberg!
He wants to recruit a board of business and civic leaders — Christians, Jews and Muslims — to raise an additional $30 million to $40 million for the nonprofit’s stake in the building. Russell Simmons, the hip-hop mogul, has signed on. But controversy complicates recruiting, and donations will be squeezed by the economy and scrutinized by opponents who wonder if money will come from radical Islamist groups or hostile governments.
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