SHREVEPORT, La. -- A rap mogul's bold pitch to the city of Shreveport will either be what city leaders are calling "the biggest fish we've ever hooked"... or some fear another catfish.

"I think we need to note for the record this is one of the largest economic development deals in this city, in this region that we're having," said District A Councilwoman Tabatha Taylor at Monday's administrative session.

Rapper and entrepreneur Curtis “50 Cent” Jackson is proposing creation of a new entertainment district in downtown Shreveport. But for it work, it must be co-financed by a dedicated 2% sales tax collected inside the dedicated business zone.

Council member James Green understands the public's caution but stress the rewards outweigh the risk. 50 Cent is reportedly investing $50 million

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