Quote:
Originally Posted by Matty81
So what are they really apart... Bottom line?
Just spitballing but 40 mil up front is the difference in the city contribution on the plan plus the city wants their 185 mil back over 35 years which the flames dont wanna do.... That has a present value of 110 mil using current prime interest rate.
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The city's proposal has them contributing $185M (in cash and land) and getting it back in property taxes.
The Flames proposal has the city funding $225M from a levy that is already committed.
So effectively they're at least $410M apart.