Posted
2/23/2005 05:28:00 PM
by Douglas
This damn helicopter deal just isn't going to go away. After securing a $6.1
Billion dollar contract for Marine One, Bell Helicopters in Amarillo is going to receive
another $10
Million from the Amarillo Economic Development Corporation for
"plant expansions." What the hell is that, and why do they need a $10 Million dollar handout to do it?
The Amarillo City Commission on Tuesday approved $10 million in Amarillo Economic Development Corp. funding for a Bell Helicopter Textron expansion project.
With the funding, Bell Helicopter will construct a 98,000-square-foot flight hangar for functional and flight tests of H-1 and V-22 aircraft.
"It's very exciting," Mayor Trent Sisemore said of Bell's activity.
Exciting? Hardly the word I'd use for it, but then again I'm not an elected official that's spending other people's money.
A three-wheeled Yugo has a better reputation of dependability than the AEDC does when it comes to dishing out other people's
money.