Quote:
Originally Posted by afc wimbledon
Its not a commen bond issue, it's backed by a questionable estimate of parking revenues, if they won't pay it back it will require tax revenue to pay off which is illegal under Arizona law.
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What IF they do? Then it's possible that the CoG loses a tenant that would save taxpayers a whole whack of money moving forward....what does GWI do then?
I understand the estimates being bandied about are under scrutiny, and if they are wrong then no bond issue should happen or they will quickly find themselves in junk status.
However, that simply is not the case at this point and CoG can only go with what is in front of them, not on some politically driven group's desire to run interfence without proof either way.
I have no dog in this fight so to speak and am completely void of emotion about it either way. In fact, if you dont live in Winnipeg or QC or Phoenix or anywhere that this would directly affect things, Im not sure why anyone would care all that much about it. The team will play somewhere next year and someone elses money will be paying for it, that much is true. Beyond that the opponent for the Flames whether they be based on either side of the border is just that...an opponent.