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.
