Quote:
Originally Posted by Resolute 14
Fair enough. The remainder of my post stands, including the assertion that Goldwater is trying to bluff the city out.
|
How is it a bluff? They have asked COG for all the documents for this transaction with Hulszier under freedom of info act. The city is trying to sell municple bonds to
GIVE the proceeds to Hulszier to buy a private franchise, under the assumption they are buying parking rights from the team that the city already owns??? The City has guarnteed the bonds with excise taxes (public money) if they don't make enough money off of parking revenues from a parking lot that has never charged for parking before. Oh yeah they're also paying another 78 Million in fees for Hulszier to run the arena over the next 6 years. All GWI is saying that this deal is bad for tax payers, walks like a duck, sounds like a duck.... must be a duck. aka BAD DEAL for taxpayers.