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RIAC also has a "firm obligation" to proceed with the glycol management plant ($22 million) and the runway extension project that it needs to match an FAA grant and pay for any underfunding (at least $15 million. Total firm obligations comes to about $40 million. Where is that money coming from? RIAC books show an $8 million loss this past year with a long stream of accounting losses to come in future years.

From: Neighbors to see concept for Lakeshore playing fields

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