I think everyone stating that its too much "public" funds is over-simplifying the structure.
- $200M From Flames - Private Money
- $250M From Ticket Tax - Public Money - But money from people who are actually using the facility - Dont like it? Dont goto games.
- $240M From CRL - This is money from businesses and developments that will build in the area that directly benefit from the arena being there. If there was no arena that area would have a tough time developing into the same level of density as their are proposing. Also it is only a temporary tax, and with that kind of density will add a nice tax base adder for the city.
- $200M From the City - This is the only direct funding from the city wide tax base but considering it was already earmarked for the field house it benefits the whole city
I get the anti public funding sentiment however people need to look into the details of things a little more.
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