Community Development

Statesman's Public-Private Partnership

Statesman's Public-Private Partnership

The Statesman Group, Canadian developers who want to build a 'urban scale' resort on Hood Canal, see this deal as a 'public-private' partnership. Statesman's vision:  Jefferson County "grants" the developer $2 million and the state grants $9.25 million and then issues $26.5 million in tax exempt bonds so Statesman can get their resort rolling.