Quote:
Originally Posted by Stillman16
Except the Flames don't want to own the land or building!
They just want to occupy and receive all benefits, while paying nothing (no property taxes, no profit share, or revenue share of any non-hockey events, etc). Oh, and they want a 9 figure check too, just as a Christmas gift!
You know, kinda like an adult child moving back home to live in their parents basement, and use their parents car, while paying no insurance....but we'll put gas in it, and maybe do an oil change once in a while! It's ok if I base my business out of your basement too right? And deliver pizzas with your car as well?
We're just supposed to be ok with it, cause "their presence enhances our lives"!
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That's true that the Flames don't want to own. On the other hand, the City wants to own the land but also get rent and/or property tax. So the City would be having the tax paid on land and a building it owns. Fair enough, but it takes away from it being some donation of land.
And in your analogy, the parents still own the basement and the car. So the use of them is a contribution, but probably worth less than the actual value of ownership.