Quote:
Originally Posted by Demzy84
Incorrect, the city is not putting 1/3 of the cost to the arena. The money the city is putting in will be paid back.
If city was offering to just pay 1/3 of the cost with no strings attached, this arena deal would be done.
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Neither rent (if the city owns the building) nor property taxes (if the Flames own the building) constitute "repayment" of the City's public contribution. They're freaking rent or property tax just like everyone else pays when they occupy space in this city.