Quote:
Originally Posted by stamps
I get the impression from Ken King that the city is including in their contribution the extension of 17 avenue through the Stampede grounds and some underpasses and Green line infrastructure that is being built regardless ... which in my understanding is being paid back with Flame revenue through a rent or tax agreement ... the land is vacant and does not cost the city anything as of now ... the demolition of the Saddledome is also being counted as part of the city's contribution , a building the Flames do not own ... I have to see what the Flames are offering before I pass judgement but, as is , I can see the Flames point of view with the way the city has structured their proposal as not really being that fair ...
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You are being dishonest here. Infrastructure upgrades (17th Ave, LRT, Utility upgrades) are listed as indirectly being footed by Calgarians. Which means the cost for these is not factored into our 1/3 contribution. These costs are not being paid back.
Land is vacant as of now - but does that mean it has no value, or would not bring the city revenue if sold or developed some other way?
And the Saddledome demolition is counted as a city expense because without an arena deal the city has no reason to demolish it. The Flames insisted on this condition as part of the arena deal.
Have you seriously not been following this thread or the actual deal the city announced on behalf the taxpayers? All your points are factually untrue and an attempt to fog this issue.