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A chance to ask about the island’s port and its debt - The Galveston County Daily News : Editorials

November 26, 2014

A chance to ask about the island’s port and its debt

Posted: Wednesday, July 30, 2014 12:45 am

Why is the Port of Galveston proposing to borrow up to $13 million from banks for a cruise-ship terminal expansion? Would it be possible to get the money at a lower interest rate through the bond market?

Those are among the many questions thoughtful people are asking that should be aired today by the city’s Finance Committee.

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