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Their prices are kept low as a matter of social policy, forcing the companies to become heavy state-backed borrowers to finance upkeep and expansion.
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The department also said it sent a team of 20 to 30 state officials last week to look at the district's finances, upkeep of facilities and education programs.
Representatives from both said the sale of the air rights would finance the upkeep of their buildings.
The Château de Burnand is currently being operated as a bed-and-breakfast inn, which helps to finance its upkeep, said Mr. Vrielink, who described the structure as in good condition.
To finance the upkeep of the existing system, the authority said it can obtain about $5.9 billion on its own, consisting of $4.5 billion from the federal government and $1.4 billion in investment income and real estate sales.
By contrast, Seattle finances collection upkeep with $187,000, which includes a conservator's salary.
Independently financed, the upkeep is not constrained by city budget woes.
A good first step in addressing it would be to overhaul E-Rate to make sure it gets the Web into every classroom and library, not just a school, either through cable or Wi-Fi, and with sufficient financing for upkeep.
That is a reasonable idea that could help finance much-needed upkeep to public-housing units, as long as tenants and neighborhoods are respected.
In 1951, Jenke was forced to sell the painting to finance his family's upkeep, to Bill Scheide, in whose living room it hung for 60 years.
The Berlin curators don't say so on their description, but her head was stolen literally hacked off when the piece was on show at the Phnom Penh museum in the 1970s.Security, upkeep and finance have all greatly improved at the museum since then.
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CEO of Professional Science Editing for Scientists @ prosciediting.com