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Mason City's Gatehouse deal: Lucrative, risky, necessary?

Its a question of balance. Every time a city considers providing incentives to lure a developer, its leaders must weigh the project’s potential to generate revenue against the cost to taxpayers. In the case of Mason City’s proposed public/private $24 million development agreement with Gatehouse Capital, City Administrator Aaron Burnett is adamant that without the agreement written just the way it is, there would be no deal with Gatehouse. Burnett appears to be in the minority. Several...
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