August 10, 2007

Yes. This is about Las Manitas...

...and it's not all that great food. The city, in it's infinite wisdom, has decided to give basically give all it's got in the business retention fund to help out Las Manitas in the form of a $750m forgivable loan.

Nice.

Boadicea has been doing a fantastic job covering this over at Texas Kaos (here and here), asking tough questions like why the hell are we giving a profitable business, that's known about this for almost a year and owns another building, a forgivable loan that will basically drain out the business retention fund?

I know some of you love Las Manitas. It's because you know as much about mexican food as I do about cuneiform. The reality is that development downtown is going to displace some businesses. It doesn't mean they have to shut down, but it does mean that they might not be able to afford the rent without increasing prices. If it's worth it, they'll get away with it. I wonder if Las Manitas realized they wouldn't?


Posted by mcblogger at August 10, 2007 02:44 PM

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