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Old 03-09-2016, 03:42 PM   #652
Frequitude
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Quote:
Originally Posted by Ozy_Flame View Post
Basically it boils down to two things people take issue with:
- The renderings (which are being interpreted as the final version).
- Ken King's amateur presentation.
3. The funding model is poorly conceived. First, it doesn't cover the entire scope of the project. It excludes the infrastructure and site cleanup. It is safe to assume they think that will be born by the taxpayer and it was disingenuous of the owners to exclude that from their presentation. Second, it is going to take a long time for the CRL to yield a net gain in property taxes when you consider east village and belt line development.

Quote:
Originally Posted by Regorium View Post
KK just confirmed that he wants the 250M ticket tax to be fronted by the city.

Called that one pretty easily.
Cool. 6% interest sounds about right.
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