09 September 2009

alexander fulton hotel: money pit

the city of alexandria, louisiana's alexander fulton hotel is projected to operate at a loss of $38,000 for september 2009. the city is also reducing the hotel's payroll. it seems the city has been using a temp agency (which one?) to fill jobs.

the city is prepared to lose up to $50,000 of the taxpayers money per month for six months or $300,000 whichever comes first.

by the time mayor roy and his crew as well as the city council is through, alexandria gonna be bankrupter than a mah-fahkr!