Business Services Industry
The Week: March 28 - April 3.(The Insider)
Crain's Cleveland Business, April, 2005
The big fight: Cleveland Mayor Jane Campbell and City Council President Frank Jackson exchanged barbs last week over the city's general revenue fund budget. Mayor Campbell said she signed the $469.5 million budget even though she considered it "a terrible budget'' that "creates an unnecessary crisis.'' Mr.
Jackson shot back that the mayor "chooses to blame others rather than taking responsibility for the deficiencies in her budget.'' The mayor says City Council is costing the city more than $10 million by failing to agree to a long-term lease for North Point Garage, failing to act on a proposal to sell Cleveland-owned land in Brecksville, and stalling on installing so-called "red-light cameras.'' Bank on it: KeyCorp (NYSE: KEY) agreed to sell its $990 million...
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