Quote:
Originally Posted by Bunk
They offered 1/3 public funding.
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Paying property tax will more than recoup the city's contribution over 35 years I think is what the Flames are getting at , so essentially the Flames do end up paying for the whole thing plus ... the user fee's collected are really Flames revenue so that third is being defined as Flames contribution by the franchise ... I bet the indirect funding from the city (17th ave extension and under passes etc) would also be covered by the property tax so that is probably where Ken King gets his 120% the Flames end up eventually paying .... I can see why the Flames would turn this down ... there has to be some middle ground here ...