“It’s also going to do a lot to improve Southside, an area that needs investment and wants investment.” “It’s going to generate $30 million of annual revenue for the city to invest in city priorities like childhood education,” Kelly said. The development would create 1,300 jobs and offer a “pathway into the middle class,” according to Michael Kelly, spokesperson for the Urban One project. The city would receive an initial $25 million payment if the referendum passes, and city leaders have also stated that the project would not cost taxpayers.
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