Quote:
Originally Posted by Bouw N Arrow
The money is coming out of the tax payers pockets?? Well so will the costs of not having the team there paying the Arena management costs... which are $25 million a year!
HELLLOOOOOOOOOOOOOOOOO!
If the team leaves it's FAR worse for the tax payers. There's nothing more funny to me then to see Canadians caring about the poor little tax payers of Glendale arizona.. When they clearly don't understand the consequences of the team leaving.
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Of course this is neither here nor there to the law, the law suit will center solely around whether tax money is being used for a private interest and thus breaches state law. Even if it is the best idea in the world and saves the state billions, cures cancer and puts out the reactors in Japan, it will still be illegal if tax money is being used to subsidise the sale.
It will thus come down to whether estimates of parking revenue are realistic or not, if they can reasonably be expected to pay off the bonds with parking revenue it will go through, if not it won't.