3) That leaves $3.4 billion yet to be covered.
4) The only private lender to sign on publicly is the Bank of Washington, in Franklin County. But, claims attorney D.B. Amon, its letter of support never lists any dollar amount. It just says bank officials are "excited" to help. (Click here for the letter).
5) What's more, the Bank of Washington holds assets of about $744 million, according to its website. That entire sum wouldn't even cover half of the remaining cost (as Wash U. economist Michele Boldrin pointed out in court earlier this week).
Now, McKee's attorney Paul Puricelli has rebutted all this. In a December 7 court filing, he wrote that:
38 separate streams of federal stimulus funds that might be tapped for more than 100 components of their plan -- from highway money to public housing grants to an array of green energy awards."Time will tell whether that any of that money flows toward St. Louis at all.
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