Quote:
Originally Posted by Cappy
New revenue for the CRL is entirely speculative, so we cannot say 250 million just like that. In the end we have no idea what it would be.
NO NEW TAX REVENUE COMES FROM THE ARENA!
development from around the arena is speculative. What happens when the tax revenue doesn't add up? shortfalls are covered by the general tax base.
This response proves you don't know anything about how a CRL works. It is a loan on future tax revenue, that's it.
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Of course that's how it works - this is not news, my friend.
And of course it's speculative.
So no, we can't say 250 M just like that.
Maybe it's 100. Maybe it's 400.
Development springing up surrounding facilities like these has been both incredibly successful, and has been incredibly not successful.