Quote:
Originally Posted by cam_wmh
No. As straight government coffer money (government cash), vs user money (ticket tax), are two additional as well.
It's a very easy bullet to write, funny it was overlooked.
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I'll give you the ticket tax (although it's unclear where the upfront cash would come from and it very well could end up being the city) but the straight coffer (government cash) is tax dollars. That's where the government get's its revenue from. If any government cash went into this from outside COC, then I would be pretty ticked if I wasn't a Calgarian.
Either way, I agree there's not enough owner stake. If they wanted to contribute the total value of the event centre, I would be fine with that. I don't think $200 mil is enough to cover that.