Quote:
Originally Posted by Bent Wookie
Maybe I'm out to lunch here, but isn't there some risk taken by the CSEG over the course of those 35 years? I mean it seems to be that the city is guaranteed their money back but like any business, couldn't the CSEG face all those risks associated with running a sports franchise? They may make money, they may not.
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The city does not get there money back at all here. The city collects property tax on a business like any other business in the city. They are not providing a tax subsidy in addition to a land and capital study.