Assuming that this is referring to the same passage that was posted before with this question, the editorial writer's main point is that "The mayor and city council have made a serious mistake in selecting a site for a new community theater" since he expresses this more than once.
Answer: the black would be he economic losses
Explanation:
what are the underlined sentences? ill update my answer if you post the sentences, i cant help you without them
'Finally' is the answer the others don't make sense if you try to read them with the rest of the sentence.