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Old 05-15-2013, 04:05 PM   #591
shutout
First Line Centre
 
Join Date: Apr 2003
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The other aspect to it is that the University owns the land the stadium is on and is looking to expand academic building space in the next ten years. I would think that they would love to be able to use the McMahon stadium space for new school buildings.

I do not think that there is a rational, non emotional person that has experienced McMahon and any other stadium that is NFL or NCAA that would not agree that there needs to be a new stadium built.

The questions are: Who are the tenants going to be? How often is it going to be used? What is the cost going to be? Where is it going to be located? And how much public money is going to be required?

There will always be some public money.
Just a matter of how much, and for what.

CFL, MLS, track and field, national soccer, outdoor concerts every month.

If the citizens of the city get nothing more than a place to go and watch sports and some economic return from visitors than I dont think we should be covering more than 25% of the cost. I would go up to 50%, if 30% of the cost was based on bonds that were to be repaid over 20-30 years based on a percentage of revenues.

I think that something like this is what the agreement is in Seattle.
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