Here is a letter that I have written to the editor of The Gwinnett Daily Post, the paper which should be covering the issues surrounding the funding of the Gwinnett Braves stadium.
I am disappointed that The Gwinnett Daily Post has failed to report the important news that financing the Gwinnett Braves stadium will be more expensive than previously projected. Bonds that were initially scheduled to be issued at a 5.95% interest rate will now be issued at 6.25%. Over the course of the 30-year repayment of the $33 million loan this will cost taxpayers an additional $2.5 million dollars. I expect this will not be the last cost increase.
This is just one more example of rah-rah journalism from a paper that refuses to ask tough questions of local government officials about public funding of sports venues. Perhaps you should change the name of the paper to The Gwinnett Daily Pompon.
Kennesaw State University
I do not normally write such letters, but I feel that the paper has fallen short of its obligation to properly cover this story for its readers—many of whom get all of their news from this paper.