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Ekaterina Valiotis | Paterson Times

Author Archives: Ekaterina Valiotis

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$38 million bond guaranty for Great Falls projects is ‘fiscally irresponsible,’ says Paterson developer

$38 million bond guaranty for Great Falls projects is ‘fiscally irresponsible,’ says Paterson developer

The recent actions by Paterson mayor Andre Sayegh and a majority of the City Council to burden the city’s already strained taxpayers with a vague $38 million “tourism development” bond guarantee for the Great Falls, is a disservice and betrayal of the citizens.

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