I would be happy to put more detail into this issue (I will do it on the weekend when I have more time).
But before I do, I am missing one piece of information and I wonder if there is anyone here who can clarify for me:
Someone mentioned earlier is this thread that the City issues through the Province (not directly). I would suspect that is true, but I am not 100% certain.
Can someone verify or refute that fact?
Once we get that cleared up, I would be happy to outline how it works (whether it be provincial or municipal - or conversely, commercial debt if the Flames have to secure it themselves).
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