Tuesday, January 17, 2006

NLDC: Private Organization?

From the website of the New London Development Corporation:
"The New London Development Corporation (NLDC) is committed to creating public-private partnerships that act as an engine for economic development in New London. The goals of this private, not-for-profit organization are to increase the city's tax base, to promote an increase in the number of jobs available in the city and to enhance the quality of life for New London's residents."
Don't you wonder why a "private, not-for-profit organization" is involved in the use of the power of eminent domain?

Don't you wonder why a "private, not-for-profit organization" has an increase in a city's tax base as one of its goals?

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