Quote:
Originally Posted by afc wimbledon
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.
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Another thought is, if True North did end up buying the Coyotes would they then own the parking rights? No? Well then how does Glendale not own the parking rights at Westgate?
You can't just give the Coyotes parking rights in a lease and then have them sell it back to you. That's a gift.