Quote:
Originally Posted by getbak
It's paid back by the property taxes generated by the new development that is made possible by the CRL investment. Since the Flames are proposing that CalgaryNext will be owned by the city, it won't generate any property taxes (which is one of the complaints people have about the proposal).
The CRL would be paid back by anyone who builds on the land, except for the operators/occupants of CalgaryNext.
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Well... occupants would need to pay some sort of rent.... a high price for a one of a kind facility in the City which is uniquely built to fit their needs!