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Old 04-19-2012, 01:33 PM   #483
landshark
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Join Date: May 2004
Location: Sacramento, CA
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just wow! Gee... I never would have guessed that a group of a couple of dozen wheelin' & dealin' billionaires would lead me astray!

My god! What a bunch of idiots! Putting a $300M boondoggle in the middle of nowhere seemed a like a great idea at the time.

What a mess!

Quote:
Originally Posted by troutman View Post
Excerpt Glendale AZ – Budget Workshop
April 17, 2012


Mayor Elaine Scruggs:
So we were gonna have a deal… We had one or two that were pending… I don’t know… So 2011 comes along and there we are… a few days before D-day… the NHL is very generous is going to let us renew again for another $25 million… and for the first year I really strongly believed that I was doing the right thing… approving the $25 million. The second year I truly believed there was a deal… just around the corner… within days or weeks… That is what we were told…. Within days or weeks…. So I approved it again because we were never going to have to pay it…. As long as the sale was completed was before hockey season started in October, we would never have to pay that $25 million… Well they are coming to the door in the next few days to take tht $25 million… So here we are again at exactly the same time in 2012… and we have this deal and it is great and it is getting better by the hour… I haven’t seen a darn thing and a piece a paper… haven’t seen anything in front of me… This year I don’t believe it… I really don’t… and… to just go ahead…and then you say … you know… our world is going to come apart without the arena… to me … and I think to most of you that were here at the time… we didn’t get involved in this thing because we wanted to be a sports mecca… we didn’t get involved in this thing because we loved hockey…we got involved in this thing because we wanted commercial development in that area along the 101….instead of residential development… and that is all we were getting… was residential development… that is all anybody saw there. So the… the reason why we got involved in building an arena for a team… was to have an anchor for a commercial development… and we got the commercial development…or part of it… it didn’t go along as fast as … as everybody hoped…
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