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Jude Lecava who works at Fox 10 was told by Hulsizer today that the deal will go through regardless and that he is also planning a counter suit against Goldwater as per @walshtodd
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If that's the case, I'm sure he would of done the deal... oh I don't know in December like he said, or January, or when he said in a few weeks. Don't really believe a word that comes out of his mouth.
Here's old man Lieberman's response:
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Lieberman does not agree. He says the city is already using excise taxes, which were also pledged to be used for bond payments if there were any shortfalls in parking revenue, to cover shortfalls in sales taxes for the debt on Jobing.com Arena. The city is also facing the same problem in covering the debt for a spring-training facility built for the use of major-league baseball teams.
Lieberman said the Coyotes’ arena only provided $5.1-million last year to cover the $13.2-million annual debt service on it. The rest came from excise taxes.
“There is no possible way parking [revenue] can pay for [the bonds],” Lieberman said. “We can’t afford it.”
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