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Old 12-12-2017, 05:34 PM   #4222
Roughneck
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Quote:
Originally Posted by Jay Random View Post
This would be the East Village that is a massive sink of tax dollars, but for the arbitrary decision to redraw the boundaries to include the Bow building and take its taxes out of general revenue to mask the deficit?
Oh, so how the Flames expect the city to fund the arena. By taking money out of the general revenue to mask the loan?


(CRLs only include new development, so The Bow was never paying into general revenue and wasn't expected to for 30 years when the drew the line, so no budgeting was done assuming it's property tax, it was always committed to the CMLC).
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