Quote:
Originally Posted by Locke
I dont know if thats feasible.
Thats asking for a fair bit of civic cash.
|
Not really. The City has already allocated $200MM to the field house.
Re: CLR. Right now there is next to no tax money from this area. With this development there will be lots. A portion of that goes to pay for the redevelopment, leaving higher revenue.
$200MM from the owners.
$250MM from the users via ticket tax.
And it will be a City asset.
Seems very reasonable to me.