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Escambia County

CMP delays cost nearly $14.4 million

Rick Outzen April 2, 2009

In March 2007, the City staff estimated that the CMP bonds would cost a total of $71,203,237 (see ecua-april-2007).

In his March 2009 presentation, the cost of the borrowing increased to $85,602,469 (see page-7-march-23-presentation-1).

Author: Rick Outzen

Rick Outzen is the publisher/owner of Pensacola Inweekly. He has been profiled in The New York Times and featured in several True Crime documentaries. Rick also is the author of the award-winning Walker Holmes thrillers. His latest nonfiction book is “Right Idea, Right Time: The Fight for Pensacola’s Maritime Park.”