Quote:
Originally Posted by Ice_Weasel
Its too simple to just throw out an absolute figure. It has to be in the context of what the flames are contributing and relative to the total cost of the project. But I do see the Calgary flames relationship with the City as a partnership with mutual benefit and as such there should be some sharing. Similar question to you....do you think the Flames add zero value to the City of Calgary?
|
I don't think the Flames add zero value.
I would be happy if the Flames wanted to work with the City's framework for some sort of entertainment district, and then the City gave them a small property tax subsidy and basically design the district around the Flames' requirements.
The fact that the Flames want the City to build the majority of the arena, assume the liability, give them free land and take on the depreciating asset is too much for me. The benefit that the upper middle class/rich people don't have to drive 300km to see a concert is not that worthwhile in my opinion.