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Old 08-18-2015, 08:15 PM   #1664
GGG
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Regina is building a CFL stadium for 280 million.

100 million ticket tax -- interest free loan from province to city
25 million riders - through naming rights
73 million city of regina
80 million from province
http://www.reginarevitalization.ca/s...-project/cost/

They also plan to raise 200 million for the maintenance of the facility for the 31 years of the stadium, they are also borrowing the 73 million and paying it off over 30 years.

The cost of this is a 1/2% on property taxes.

A CFL stadium is not profitable so some combination of this type of funding is required to do that part.

Based on the above numbers though you ditch the field house component and the flames can pay for this with a ticket tax loan and their money. And the city / province remediate and then sell the land to The flames at market value. The remediation dollars could come from the CRI.
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