Yes, Dan Gilbert wants to use school money to fund his new downtown projects
Quicken Loans owner Dan Gilbert — who is Michigan's richest man and worth an estimated $6.2 billion — is requesting $618 million of state taxpayer money to help fund four downtown Detroit projects that he's developing.
The Michigan Economic Development Corporation will likely consider his request in March. As part of the PR push to gain support for the plan in the meantime, Gilbert's team is claiming that their public money haul won't impact Detroit Public Schools.
"There’s no impact on the school district. It's a very positive day all around for the city," Quicken Loans vice president of government affairs Jared Fleisher told the Detroit News just after the Detroit City Council approved $250 million of public money for Gilbert in November.
Fleisher made similar statements in a "fact sheet" sent to Metro Times, but an investigation into the funding source found the claims to be misleading at best. While it's true that Gilbert's project wouldn't use money that's specifically designated for Detroit Public Schools, it would use tax money intended to fund schools statewide.
Read more: https://www.metrotimes.com/news-hits/archives/2018/01/11/yes-dan-gilbert-wants-to-use-school-money-to-fund-his-new-downtown-projects
= new reply since forum marked as read
How much money does he need?!!? Really!?!! If he spent $100,000 a day he'd never go broke. WTF is wrong with him?!!
