Quote:
Originally Posted by sureLoss
Nenshi says the city is open to who owns the arena.
If the Flames own it, there will be property tax.
If the city owns it, the Flames will pay rent.
Nenshi says that who fronts the money for the ticket tax is up for negotiation. In the city's proposal CSEC will front the money
Nenshi also says the property tax is also up for negotation. The municipal act allows for exemptions for professional teams. He estimates $5 million/year to be appropriate.
Nenshi thought deal was close before CESC stopped negotiations.
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The City's position is so reasonable. I don't know what more the Flamescan plausibly ask for.
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"Life of Russian hockey veterans is very hard," said Soviet hockey star Sergei Makarov. "Most of them don't have enough to eat these days. These old players are Russian legends."
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