Quote:
Originally Posted by Street Pharmacist
There is literally no benefit to the city owning the arena/flames keeping profits
-No Taxes
-Liabilities for maintenance/upkeep/disasters
-responsible for demolition at end of use
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The city owns the Saddledome, but the Flames are the ones on the hook for maintenance/upkeep/disasters.
You literally cannot claim any idea of who will be responsible for what if this project gets built because there is literally no management contract yet.
Also, FWIW, PeteMoss is also making assumptions on a requirement for the city to pay the Flames a management fee. In the 1994 deal where the Flames assumed operating control of the Dome, they actually paid the city a fee for the right.
There is no question that the Flames would love to dump as much cost and liability as they can - that is obvious, and any business would try the same - but these assumptions are not how things work today.