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Originally Posted by Cube Inmate
I came to almost the same conclusion as you, with the exception of #5. If the Flames put up the money for the building, let them own and operate the building (on long-term leased land from the city). The city benefits from taking property tax on the building, and can theoretically re-sell the land at the end of the lease period (e.g. 50 years); conversely, we'd be on the hook for rental fees if the city (we) want to use any of the facilities for public good (e.g. practice facility as a public rink).
Oh-- and I'd much prefer the Stadium outside the WV. I really dislike the integrated design at that cramped location. I have looked at the figures in King's presentation and I frankly think the "savings" are a bunch of BS. They've given high-ball costs for individual components to come to $1.2B, then magically knocked $330M off that without explaining how.
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Would have to imagine the majority of the $330M cost savings come combining the field house and stadium. Uncoupling the arena from the other two and removing one of them from the WV might be a good plan B. Flames organization could then fund the arena separately and the costs over and above the $200M the city will pay for the field house/stadium.