Parish officials argue that the deal, complicated in that it passes parish money to a subsidiary which then leases to administrators that receive money from Elio with a repayment schedule that can be modified by a determination of jobs created, that some extra land unconnected to the deal is involved along withe the mineral rights, and that the parish anticipates some salvage value to the assets, promises a return commensurate to the risk taken. They point out that the only other interested buyers want the land only, so this is deal is preferable. However, these miss the point.
The commissioners in agreement to this demonstrate they have no clue as to what the proper scope and purpose of government is. Simply, you spend only on the core activities of government (which, by definition, do not make a "profit") and not on what the private sector can properly assess and perform. You do not put taxpayer dollars at any risk in business deals, no matter what the return could be, whether the deal involves buildings, financial derivatives, or sports teams.