Quote:
Originally Posted by Cowperson
And there are at least two documents filed in bankruptcy court showing those rights assigned to previous owners Ellman and Moyes as the arena operators and team owners.
Goldwater's wording on this is always amusing, first saying the city has the rights then adding, "and even if they didn't ......." with the semantic argument $100 million couldn't be generated in any event. They don't seem so sure of their own argument.
Cowperson
Cowperson
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Although the city claims it doesn't own the rights it refuses to produce any documents showing when or for how much it sold them. (the 'how much' being fairly important on a bond issue) the GI's objection has been so far that they don't think parking will make as much money as the city projects and without some paperwork forcoming showing otherwise the city already owns it.
It would be a simple thing for the city to prove, so one does tend to think they are hiding something, either the 100 million parking rights were given away for little or nothing on the grounds they are all but worthless in a suburban mall setting surrounded by free parking (my guess) or the city still owns them.