Quote:
Originally Posted by Roughneck
The Flames' offer was the 50/50 offer where most of their 50% was the ticket tax, because that's theirs, while the city considered it a user pay portion.
That aside, the Flames want the city to own it (thus be responsible for it at the end of the lifecycle and all the property taxes) and have their construction contribution act as their lease payment for 100% of revenues.
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Don't forget the laundry list of other goodies the flames wanted on their 100% revenue rights free rent arena...
1: A slice of the Stampedes Parking and Casino Revenue
2: Veto over district development
3: Municiple Property Tax exemption on anything they own in the district
4: Reimbursement on Provincial Property tax
5: Free Public Transit on game nights
6: City covering security costs
7: City covering flood insurance
8: City paid demolition of the Saddledome AKA a monopoly on large event hosting