Quote:
Originally Posted by GGG
I'm not sure why that would be a sticking point. King said it couldn't host concerts anymore anyway 
It still shouldn't be it the city contribution. To me it should be in that outside infrastructure component because at some point the Saddledome goes down. I suspect it is where it is because that 25 million can be converted to cash as a negotiating point.
So the city's final offer is likely 155 cash plus 30 land plus we own you pay us property tax equivalent in rent on the city portion of property tax (until 155 is repaid without interest) and no one pays the provincial portion of the property tax. |
Technically, it would come off the total price tag too, so more like 16 million extra cash.