Goldwater Institute rips Gilbert’s Xavier deal as ‘betrayal’ of taxpayers

Left to right: Gilbert Mayor John Lewis, Bishop Thomas J. Olmsted, Saint Xavier University President Christine M. Wiseman, JD and Saint Xavier University Chair of the board of trustees John T. Costello cut the ribbon to its Gilbert campus, Aug. 4. /Ambria Hammel/CATHOLIC SUN

By Paul Maryniak | East Valley Tribune

Gilbert’s belly-up deal with Saint Xavier University has come under fire by the Goldwater Institute for leaving taxpayers holding a potential $36 million bag.

The report quotes one expert as calling it “a little wacko” and another as a “foolish and reckless” way to spend taxpayers’ money.

The report was released last week as the private nonprofit government watchdog group announced a lawsuit against the city of Peoria for its plan to give $2.6 million in incentive money directly to Huntington University and a private landowner.

Goldwater senior attorney Jim Manley said neither deal was a good bet.

Continued:

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January 9, 2017

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